Liberty Mutual is launching a new small commercial insurance platform in Virginia under a newly licensed carrier, signaling a broader overhaul of its business owners policy strategy.

The insurer has filed two extensive Businessowners Policy (BOP) programs under the project name BOP 3.0, using First National Insurance Company of America, a Liberty Mutual subsidiary that received its Virginia certificate of authority on June 30, 2025.

The filings, submitted on June 11, 2026, cover commercial general liability and commercial property, with a requested effective date of October 8, 2026, for new business. The filings contain no in-force business impact.

The strategy appears designed to give Liberty Mutual greater flexibility over rates, forms, and underwriting appetite without disrupting current policyholders. Similar approaches have been used elsewhere in the industry to reset underwriting frameworks without triggering widespread non-renewals.

One of the more notable aspects of the property filing is Liberty Mutual’s decision to extend its Safeco Insurance Scoring Model 1.0 into the small commercial segment. Originally developed for personal auto insurance, the credit-based scoring model will now be used to generate businessowners insurance scores for BOP rating purposes.

The move could provide Liberty Mutual with a competitive advantage in small commercial underwriting by leveraging existing personal lines data infrastructure and predictive models that many competitors may lack.