Ides Capital Management said it has amassed about a 1% stake in the $1.25bn-market cap insurer over the past year.
Activist calls on Safety to add directors, buy back stock, engage with shareholders
![Safety Insurance Group Ides Capital logos Boston MA.jpg](https://assets.euromoneydigital.com/dims4/default/7150f49/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F14%2Fb9%2F5251e4a84e35889f33170f40c35b%2Fsafety-insurance-group-ides-capital-logos-boston-ma.jpg)
Ides Capital Management said it has amassed about a 1% stake in the $1.25bn-market cap insurer over the past year.