Northern Ireland has secured a 124 job US investment worth £3.5 million sterling. Liberty Mutual, the Boston based financial services group, is establishing a firm to produce insurance software programmes for internal use in its 450 offices worldwide.

Liberty Mutual is a Fortune 500 company, and ranks 139th among the 500 largest US corporations.

The company will initially recruit 35 graduates who will be trained in one of the company's offices in New Hampshire and will then build up to 124 employees over the next five years. Page 2