Safety Insurance Group Management
Management criteria checks 3/4
Safety Insurance Group's CEO is George Murphy, appointed in Apr 2016, has a tenure of 9.08 years. total yearly compensation is $3.68M, comprised of 21.7% salary and 78.3% bonuses, including company stock and options. directly owns 0.76% of the company’s shares, worth $9.39M. The average tenure of the management team and the board of directors is 9.3 years and 3.2 years respectively.
Key information
George Murphy
Chief executive officer
US$3.7m
Total compensation
| CEO salary percentage | 21.74% |
| CEO tenure | 9.1yrs |
| CEO ownership | 0.8% |
| Management average tenure | 9.3yrs |
| Board average tenure | 3.2yrs |
Recent management updates
Recent updates
Safety Insurance Group (NASDAQ:SAFT) Is Paying Out A Dividend Of $0.90
May 11
This Is Why Shareholders Will Hold Back On A Pay Rise For Safety Insurance Group, Inc.'s (NASDAQ:SAFT) CEO This Year
May 08Safety Insurance Group (NASDAQ:SAFT) Has Affirmed Its Dividend Of $0.90
Feb 23Safety Insurance Vs. Mercury General: A Tale Of Two Insurers
Jan 21Safety Insurance Group (NASDAQ:SAFT) Is Paying Out A Dividend Of $0.90
Nov 09Earnings Not Telling The Story For Safety Insurance Group, Inc. (NASDAQ:SAFT)
Oct 17Comparing Safety Insurance And Mercury General: Q2 2024 Results Highlight Diverging Paths
Aug 15Safety Insurance Group (NASDAQ:SAFT) Is Paying Out A Dividend Of $0.90
Aug 11Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
May 12Some Confidence Is Lacking In Safety Insurance Group, Inc.'s (NASDAQ:SAFT) P/E
Mar 16Safety Insurance Group (NASDAQ:SAFT) Is Paying Out A Dividend Of $0.90
Nov 05Safety Insurance Group (NASDAQ:SAFT) Has Affirmed Its Dividend Of $0.90
Aug 28Safety Insurance Group's (NASDAQ:SAFT) Dividend Will Be $0.90
Aug 06Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
May 22Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90
May 07Safety Insurance Group (NASDAQ:SAFT) Has Announced A Dividend Of $0.90
Nov 22Safety Insurance: Sound Despite Inflationary Headwinds
Aug 26Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of $0.90
Aug 08Safety Insurance GAAP EPS of $0.53, revenue of $11.63M
Aug 03Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
May 08Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
Feb 19Should You Be Adding Safety Insurance Group (NASDAQ:SAFT) To Your Watchlist Today?
Dec 28Safety Insurance Group (NASDAQ:SAFT) Is Due To Pay A Dividend Of US$0.90
Nov 07Safety Insurance Group: Cheap Insurer With A Good Yield
Aug 10Safety Insurance Group (NASDAQ:SAFT) Will Pay A Dividend Of US$0.90
Aug 08Most Shareholders Will Probably Agree With Safety Insurance Group, Inc.'s (NASDAQ:SAFT) CEO Compensation
May 13The Attractive Combination That Could Earn Safety Insurance Group, Inc. (NASDAQ:SAFT) A Place In Your Dividend Portfolio
Apr 06What Type Of Shareholders Own The Most Number of Safety Insurance Group, Inc. (NASDAQ:SAFT) Shares?
Mar 19Have Safety Insurance Group, Inc. (NASDAQ:SAFT) Insiders Been Selling Their Stock?
Mar 04CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2025 | n/a | n/a | US$72m |
| Dec 31 2024 | US$4m | US$800k | US$70m |
| Sep 30 2024 | n/a | n/a | US$75m |
| Jun 30 2024 | n/a | n/a | US$51m |
| Mar 31 2024 | n/a | n/a | US$51m |
| Dec 31 2023 | US$2m | US$800k | US$19m |
| Sep 30 2023 | n/a | n/a | US$31m |
| Jun 30 2023 | n/a | n/a | US$35m |
| Mar 31 2023 | n/a | n/a | US$26m |
| Dec 31 2022 | US$3m | US$800k | US$46m |
| Sep 30 2022 | n/a | n/a | US$55m |
| Jun 30 2022 | n/a | n/a | US$73m |
| Mar 31 2022 | n/a | n/a | US$103m |
| Dec 31 2021 | US$3m | US$794k | US$131m |
| Sep 30 2021 | n/a | n/a | US$152m |
| Jun 30 2021 | n/a | n/a | US$172m |
| Mar 31 2021 | n/a | n/a | US$177m |
| Dec 31 2020 | US$3m | US$790k | US$139m |
| Sep 30 2020 | n/a | n/a | US$113m |
| Jun 30 2020 | n/a | n/a | US$84m |
| Mar 31 2020 | n/a | n/a | US$67m |
| Dec 31 2019 | US$3m | US$774k | US$99m |
| Sep 30 2019 | n/a | n/a | US$89m |
| Jun 30 2019 | n/a | n/a | US$103m |
| Mar 31 2019 | n/a | n/a | US$103m |
| Dec 31 2018 | US$3m | US$750k | US$83m |
Compensation vs Market: George's total compensation ($USD3.68M) is below average for companies of similar size in the US market ($USD6.09M).
Compensation vs Earnings: George's compensation has increased by more than 20% in the past year.
CEO
George Murphy (57 yo)
Mr. George Michael Murphy, CPCU, has been Chief Executive Officer and President at Safety Insurance Group, Inc. since April 1, 2016 and has been its Chairman of the Board since May 17, 2023. Mr. Murphy has...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.1yrs | US$3.68m | 0.76% $ 9.4m | |
| VP, CFO & Secretary | 10.3yrs | US$1.44m | 0.14% $ 1.7m | |
| Vice President of Marketing | 9.3yrs | US$1.06m | 0.20% $ 2.5m | |
| Vice President of Underwriting | less than a year | no data | 0.043% $ 534.0k | |
| Vice President of Actuarial Services | 21.3yrs | no data | 0.088% $ 1.1m | |
| Vice President of Insurance Operations | no data | no data | 0.041% $ 502.8k |
Experienced Management: SAFT's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.3yrs | US$3.68m | 0.76% $ 9.4m | |
| Independent Director | 2.1yrs | US$85.61k | 0.074% $ 907.1k | |
| Independent Director | 2.1yrs | US$186.86k | 0.027% $ 329.9k | |
| Lead Independent Director | 7.8yrs | US$211.86k | 0.060% $ 742.2k | |
| Independent Director | 5.2yrs | US$193.11k | 0.040% $ 494.8k | |
| Independent Director | 3.2yrs | US$180.61k | 0.027% $ 329.9k | |
| Independent Director | 3.2yrs | US$198.11k | 0.027% $ 329.9k |
Experienced Board: SAFT's board of directors are considered experienced (3.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/22 11:20 |
| End of Day Share Price | 2025/05/22 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Safety Insurance Group, Inc. is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kenneth Billingsley | Compass Point Research & Trading, LLC |
| Charles Gates | Credit Suisse |
| Vincent DeAugustino | Keefe, Bruyette, & Woods |