Document:

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                                                               EXHIBIT 10.25

                          SAFETY INSURANCE GROUP, INC.
                     2002 MANAGEMENT OMNIBUS INCENTIVE PLAN

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                                TABLE OF CONTENTS

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ARTICLE 1 ESTABLISHMENT, OBJECTIVES, AND DURATION.................................................................1

ARTICLE 2 DEFINITIONS.............................................................................................1

ARTICLE 3 ADMINISTRATION..........................................................................................5

ARTICLE 4 SHARES SUBJECT TO THE PLAN AND MAXIMUM AWARDS...........................................................6

ARTICLE 5 ELIGIBILITY AND PARTICIPATION...........................................................................7

ARTICLE 6 OPTIONS.................................................................................................7

ARTICLE 7 STOCK APPRECIATION RIGHTS...............................................................................9

ARTICLE 8 RESTRICTED STOCK.......................................................................................10

ARTICLE 9 TERMINATION OF SERVICE.................................................................................11

ARTICLE 10 RESTRICTIONS ON SHARES................................................................................12

ARTICLE 11 PERFORMANCE MEASURES..................................................................................12

ARTICLE 12 BENEFICIARY DESIGNATION...............................................................................13

ARTICLE 13 RIGHTS OF PARTICIPANTS................................................................................13

ARTICLE 14 CHANGE IN CONTROL.....................................................................................14

ARTICLE 15 AMENDMENT, MODIFICATION, AND TERMINATION..............................................................14

ARTICLE 16 WITHHOLDING...........................................................................................15

ARTICLE 17 INDEMNIFICATION.......................................................................................15

ARTICLE 18 SUCCESSORS............................................................................................16

ARTICLE 19 LEGAL CONSTRUCTION....................................................................................16

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                          SAFETY INSURANCE GROUP, INC.
                     2002 MANAGEMENT OMNIBUS INCENTIVE PLAN

                                   ARTICLE 1

                     ESTABLISHMENT, OBJECTIVES, AND DURATION

         1.1 ESTABLISHMENT OF THE PLAN. Safety Insurance Group, Inc., a
corporation organized and existing under Delaware law (hereinafter referred to
as the "Company"), established the Safety Insurance Group, Inc. 2002 Management
Omnibus Incentive Plan (hereinafter referred to as the "Plan") effective
___________, 2002 (the "Effective Date"). In accordance with the terms of the
Plan, the Board has amended and restated the Plan, effective _________, 2002
(the "Restatement Date"). The Plan shall remain in effect as provided in Section
1.3 hereof.

         The Plan permits the grant of Nonqualified Stock Options, Incentive
Stock Options, Stock Appreciation Rights, and Restricted Stock.

         1.2 OBJECTIVES OF THE PLAN. The objectives of the Plan are to optimize
the profitability and growth of the Company through incentives which are
consistent with the Company's goals and which link the personal interests of
Participants to those of the Company's shareholders; to provide Participants
with an incentive for excellence in individual performance; and to promote
teamwork among Participants.

         The Plan is further intended to provide flexibility to the Company in
its ability to motivate, attract, and retain the services of Participants who
make significant contributions to the Company's success and to allow
Participants to share in the success of the Company.

         1.3 DURATION OF THE PLAN. The Plan shall remain in effect, subject to
the right of the Board to amend or terminate the Plan at any time pursuant to
Article 15 hereof, until (a) all Shares subject to it shall have been purchased
or acquired according to the Plan's provisions, or, if an initial public
offering of the Company's common stock is not consummated by December 31, 2002,
(b) December 31, 2002. However, in no event may an Award of Incentive Stock
Options be granted under the Plan after the tenth anniversary of the Effective
Date.

                                   ARTICLE 2

                                   DEFINITIONS

         Whenever used in the Plan, the following terms shall have the meanings
set forth below, and, when the meaning is intended, the initial letter of the
word shall be capitalized:

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         2.1 "AFFILIATE" means any person or entity which, at the time of
reference, directly, or indirectly through one or more intermediaries, controls
or is controlled by the Company.

         2.2 "AWARD" means, individually or collectively, a grant under this
Plan of Nonqualified Stock Options, Incentive Stock Options, Stock Appreciation
Rights, or Restricted Stock.

         2.3 "AWARD AGREEMENT" means an agreement entered into by the Company
and each Participant setting forth the terms and provisions applicable to Awards
granted under the Plan.

         2.4 "BOARD" means the Board of Directors of the Company.

         2.5 "CAUSE" means (i) the willful engaging by the Participant in
misconduct that is demonstrably injurious to the Company (monetarily or
otherwise), as determined by the Board in its sole discretion, (ii) the
Participant's conviction of, or pleading guilty or nolo contendere to, a felony
involving moral turpitude, (iii) the Participant's violation of any
confidentiality, non-solicitation, or non-competition covenant to which the
Participant is subject, or (iv) the Participant's poor performance, as
determined by the Board, based on reasonable business objectives, after written
notice from the Company and a reasonable opportunity to correct such poor
performance.

         2.6   "CHANGE IN CONTROL" will be deemed to have occurred as of the
first day any of the following events occurs:

              (a) the closing of any merger, combination, consolidation or
similar business transaction involving the Company in which the holders of
Shares immediately prior to such closing are not the holders, directly or
indirectly, of a majority of the ordinary voting securities of the surviving
Person in such transaction immediately after such closing;

              (b) the closing of any sale or transfer by the Company of all or
substantially all of its assets to an acquiring Person in which the holders of
Shares immediately prior to such closing are not the holders of a majority of
the ordinary voting securities of the acquiring Person immediately after such
closing; or

              (c) the closing of any sale by the holders of Shares of an amount
of Shares that equals or exceeds a majority of the Shares immediately prior to
such closing to a Person in which the holders of the Shares immediately prior to
such closing are not the holders of a majority of the ordinary voting securities
of such Person immediately after such closing.

         2.7 "CODE" means the Internal Revenue Code of 1986, as amended from
time to time.

         2.8 "COMMITTEE" means the Compensation Committee of the Board, as
specified in Article 3 herein, or such other Committee appointed by the Board to
administer the Plan with respect to grants of Awards.

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         2.9 "COMPANY" means Safety Insurance Group, Inc., a corporation
organized and existing under Delaware law, and any successor thereto as provided
in Article 19 herein.

         2.10 "CONSULTANT" means an independent contractor who are performing
consulting services for one or more entities in the Group and who is not an
employee of any entity in the Group.

         2.11 "DIRECTOR" means a member of the Board or a member of the board of
directors of an Affiliate.

         2.12 "DISABILITY" shall have the meaning ascribed to such term in the
long-term disability plan maintained by the Company, or if no such plan exists,
at the discretion of the Committee.

         2.13 "EFFECTIVE DATE" shall have the meaning ascribed to such term in
Section 1.1 hereof.

         2.14 "EMPLOYEE" means any employee of the Group, including any
employees who are also Directors. Nonemployee Directors and Consultants shall
not be considered Employees under this Plan.

         2.15 "EXCHANGE ACT" means the Securities Exchange Act of 1934, as
amended from time to time, or any successor act thereto.

         2.16 "EXERCISE PRICE" means the price at which a Share may be purchased
by a Participant pursuant to an Option.

         2.17 "FAIR MARKET VALUE" shall be determined in good faith by the
Committee.

         2.18 "FREESTANDING SAR" means an SAR that is granted independently of
any Options, as described in Article 7 herein.

         2.19 "GOOD REASON" means, with respect to an Employee, (a) a material
reduction in an Employee's authority, perquisites, position or responsibilities
(other than such a reduction in perquisites which affects all of the Company's
senior executives on a substantially equal or proportionate basis), (b) the
relocation of the Employee's primary place of business or the relocation of the
Employee to another Company (or Affiliate) office more than 75 miles from the
location of the Employee's principal office, or, if applicable, (c) the
Employee's employer's willful, material violation of its obligations under his
or her employment agreement, in each case, after 60 days' prior written notice
to the Employee's employer and its board of directors and the Employee's
employer's failure thereafter to cure such reduction or violation.

         2.20 "GROUP" means the Company and the Affiliates.

         2.21 "INCENTIVE STOCK OPTION" or "ISO" means an option to purchase
Shares granted under Article 6 herein and which is designated as an Incentive
Stock Option intended to meet the requirements of Code Section 422.

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         2.22 "NAMED EXECUTIVE OFFICER" means a Participant who, as of the date
of vesting and/or payout of an Award, as applicable, is one of the group of
"covered employees," as defined in the regulations promulgated under Code
Section 162(m), or any successor statute.

         2.23 "NONEMPLOYEE DIRECTOR" shall have the meaning ascribed to such
term in Rule 16b-3 of the Exchange Act.

         2.24 "NONQUALIFIED STOCK OPTION" or "NQSO" means an option to purchase
Shares granted under Article 6 herein and which is not intended to meet the
requirements of Code Section 422.

         2.25 "OPTION" means an Incentive Stock Option or a Nonqualified Stock
Option, as described in Article 6 herein.

         2.26 "OUTSIDE DIRECTOR" shall have the meaning ascribed to such term
under the regulations promulgated with respect to Code Section 162(m).

         2.27 "PARTICIPANT" means a current or former Employee, Director, or
Consultant who has outstanding an Award granted under the Plan.

         2.28 "PERFORMANCE-BASED EXCEPTION" means the performance-based
exception from the tax deductibility limitations of Code Section 162(m).

         2.29 "PERIOD OF RESTRICTION" means the period during which the transfer
of Shares of Restricted Stock is limited in some way (based on the passage of
time, the achievement of performance goals, or upon the occurrence of other
events as determined by the Committee, at its discretion), and the Shares are
subject to a substantial risk of forfeiture, as provided in Article 8 herein.

         2.30 "PERSON" shall have the meaning ascribed to such term in Section
3(a)(9) of the Exchange Act and used in Sections 13(d) and 14(d) thereof,
including a "group," as defined in Section 13(d) thereof.

         2.31 "RESTRICTED STOCK" or "RESTRICTED SHARE" means an Award granted to
a Participant pursuant to Article 8 herein.

         2.32 "SHARES" means the shares of common stock of the Company, par
value $_____ per share.

         2.33 "STOCK APPRECIATION RIGHT" or "SAR" means an Award, granted alone
or in connection with a related Option, designated as an SAR, pursuant to the
terms of Article 7 herein.

         2.34 "TANDEM SAR" means an SAR that is granted in connection with a
related Option pursuant to Article 7 herein.

         2.35 "TERMINATION OF SERVICE" means, if an Employee, termination of
employment with all entities in the Group, if a Director, termination of service
on the

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Board and the board of directors of any Affiliate, as applicable, and if
a Consultant, termination of the consulting relationship with all entities in
the Group.

                                    ARTICLE 3

                                 ADMINISTRATION

         3.1 THE COMMITTEE. The Plan shall be administered by the Committee. To
the extent the Company deems it to be necessary or desirable with respect to any
Awards made hereunder, the members of the Committee may be limited to
Nonemployee Directors or Outside Directors, who shall be appointed from time to
time by, and shall serve at the discretion of, the Board.

         3.2 AUTHORITY OF THE COMMITTEE. Except as limited by law or by the
Articles of Incorporation or the By-laws of the Company, and subject to the
provisions herein, the Committee shall have full power to select the persons who
shall participate in the Plan; determine the sizes and types of Awards;
determine the terms and conditions of Awards in a manner consistent with the
Plan; construe and interpret the Plan and any agreement or instrument entered
into under the Plan as they apply to Participants; establish, amend, or waive
rules and regulations for the Plan's administration as they apply to
Participants; and (subject to the provisions of Article 15 herein) amend the
terms and conditions of any outstanding Award to the extent such terms and
conditions are within the discretion of the Committee as provided in the Plan.
Further, the Committee shall make all other determinations which may be
necessary or advisable for the administration of the Plan, as the Plan applies
to Participants. As permitted by law, the Committee may delegate its authority
as identified herein.

         3.3 DECISIONS BINDING. All determinations and decisions made by the
Committee pursuant to the provisions of the Plan and all related orders and
resolutions of the Board shall be final, conclusive and binding on all persons,
including the Company, its shareholders, Affiliates, Participants, and their
estates and beneficiaries.

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                                   ARTICLE 4

                  SHARES SUBJECT TO THE PLAN AND MAXIMUM AWARDS

         4.1  NUMBER OF SHARES AVAILABLE FOR GRANTS.

              (a) Subject to further adjustment as provided in Section 4.2
herein, the maximum number of Shares available for grants to Participants under
the Plan shall be 25,000, provided that this limit shall automatically be
increased in accordance with Section 4.2 to 1,250,000 to reflect the stock
dividend declared in conjunction with the Company's initial public offering. In
the event any Award under the Plan is forfeited or if any outstanding Award for
any reason expires, is terminated, or cancelled without exercise, the Shares
subject to such Award shall again be available for grant or issuance under the
Plan. Except for purposes of determining the maximum number of Shares that may
be subject to ISOs, Shares tendered by a Participant to satisfy applicable tax
withholding obligations or Exercise Price shall again be available for grant or
issuance under the Plan.

              (b) Unless the Committee determines that Code Section 162(m) will
not apply to an Award, or that an Award should not be designed to comply with
the Performance-Based Exception, the following limitations shall apply to grants
of Awards under the Plan:

                  (1) OPTIONS: The maximum aggregate number of Shares with
         respect to which Options may be granted in any one calendar year to any
         one Participant shall be 25,000, provided that this limit shall
         automatically be increased in accordance with Section 4.2 to 1,250,000
         to reflect the stock dividend declared in conjunction with the
         Company's initial public offering.

                   (2) SARS: The maximum aggregate number of Shares with respect
         to which Stock Appreciation Rights may be granted in any one calendar
         year to any one Participant shall be 25,000, provided that this limit
         shall automatically be increased in accordance with Section 4.2 to
         1,250,000 to reflect the stock dividend declared in conjunction with
         the Company's initial public offering.

                   (3) RESTRICTED STOCK: The maximum aggregate number of Shares
         of Restricted Stock that may be granted in any one calendar year to any
         one Participant shall be 25,000, provided that this limit shall
         automatically be increased in accordance with Section 4.2 to 1,250,000
         to reflect the stock dividend declared in conjunction with the
         Company's initial public offering.

         4.2 ADJUSTMENTS IN AUTHORIZED SHARES. In the event of any change in
corporate capitalization, such as a stock split or a stock dividend, or a
corporate transaction, such as any merger, consolidation, separation, including
a spin-off, or other distribution of stock or property of the Company, any
reorganization (whether or not such reorganization comes within the definition
of such term in Code Section 368) or any partial or complete liquidation of the
Company, an adjustment shall be made in the

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number and kind of Shares which may be delivered pursuant to Section 4.1, in the
number and kind of and/or price of Shares subject to outstanding Awards granted
under the Plan, and in the Award limits set forth in subsections 4.1(b)(1)
through 4.1(b)(3), as may be determined to be appropriate and equitable by the
Committee, in its sole discretion, to prevent dilution or enlargement of rights;
provided, however, that the number of Shares subject to any Award shall always
be rounded to the nearest whole number, with one-half (1/2) of a share rounded
up to the next higher number.

                                   ARTICLE 5

                          ELIGIBILITY AND PARTICIPATION

         5.1 ELIGIBILITY. Persons eligible to participate in this Plan include
all Employees, Directors and Consultants of the Group.

         5.2 ACTUAL PARTICIPATION. Subject to the provisions of the Plan, the
Committee may, from time to time, select from all eligible Employees, Directors
and Consultants those to whom Awards shall be granted and shall determine the
nature and amount of each Award.

                                   ARTICLE 6

                                     OPTIONS

         6.1 GRANT OF OPTIONS. Subject to the terms and provisions of the Plan,
Options may be granted to Participants in such number (subject to Article 4
herein), and upon such terms, and at any time and from time to time as shall be
determined by the Committee; provided, however, that ISOs may be granted only to
Employees.

         6.2 AWARD AGREEMENT. Each Option grant shall be evidenced by an Award
Agreement that shall specify the Exercise Price, the duration of the Option, the
number of Shares to which the Option pertains, and such other provisions as the
Committee shall determine. The Award Agreement also shall specify whether the
Option is intended to be an ISO or an NQSO.

         6.3 EXERCISE PRICE. The Exercise Price for each grant of an Option
under this Plan shall be at least equal to one hundred percent (100%) of the
Fair Market Value of a Share on the date the Option is granted.

         6.4 DURATION OF OPTIONS. Each Option granted to a Participant shall
expire at such time as the Committee shall determine at the time of grant;
provided, however, that no Option shall be exercisable later than the tenth
(10th) anniversary date of its grant.

         6.5 EXERCISE OF OPTIONS. Options granted under this Article 6 shall be
exercisable at such times and be subject to such restrictions and conditions as
set forth

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in the Award Agreement and as the Committee shall in each instance approve,
which need not be the same for each grant or for each Participant.

         6.6  PAYMENT.

              (a) Options granted under this Article 6 shall be exercised by the
delivery of a written notice of exercise to the Company, setting forth the
number of Shares with respect to which the Option is to be exercised,
accompanied by full payment for the Shares.

              (b) The Exercise Price of any Option shall be payable to the
Company in full (i) in cash or its equivalent, (ii) if permitted by the
Committee, by tendering previously acquired Shares having an aggregate Fair
Market Value at the time of exercise equal to the total Exercise Price (provided
that the Shares, other than Shares purchased by the Participant on the open
market, must have been held by the Participant for at least six (6) months prior
to their tender), or (iii) by a combination of (i) and (ii).

              (c) If the Company's shares are publicly traded, an Option may be
exercised by means of a cashless exercise with the assistance of a broker or by
any other means permitted by the Committee in accordance with such terms and
conditions as the Committee, in its sole discretion, shall determine to be
consistent with the Plan's purpose and applicable law.

              (d) Subject to any governing rules or regulations, as soon as
practicable after receipt of a written notification of exercise and full
payment, the Company shall deliver to the Participant, in the Participant's
name, either individually or jointly, Shares in an appropriate amount based upon
the number of Shares purchased under the Option(s).

         6.7  NONTRANSFERABILITY OF OPTIONS.

              (a) INCENTIVE STOCK OPTIONS. No ISO granted under the Plan may be
sold, transferred, pledged, assigned, or otherwise alienated or hypothecated,
other than by will or by the laws of descent and distribution. Further, during
the lifetime of a Participant, all ISOs granted to such Participant under the
Plan shall be exercisable only by such Participant.

              (b) NONQUALIFIED STOCK OPTIONS. Except as otherwise provided in a
Participant's Award Agreement, no NQSO granted under this Article 6 may be sold,
transferred, pledged, assigned, or otherwise alienated or hypothecated, other
than by will or by the laws of descent and distribution. Further, except as
otherwise provided in a Participant's Award Agreement, during the lifetime of a
Participant, all NQSOs granted to such Participant under the Plan shall be
exercisable only by such Participant.

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                                   ARTICLE 7

                            STOCK APPRECIATION RIGHTS

         7.1  GRANT OF SARS.

              (a) Subject to the terms and conditions of the Plan, SARs may be
granted to Participants at any time and from time to time as shall be determined
by the Committee. The Committee may grant Freestanding SARs, Tandem SARs, or any
combination of these forms of SAR.

              (b) The Committee shall have complete discretion in determining
the number of SARs granted to each Participant (subject to Article 4 herein)
and, consistent with the provisions of the Plan, in determining the terms and
conditions pertaining to such SARs.

              (c) The grant price of a Freestanding SAR shall equal the Fair
Market Value of a Share on the date of grant of the SAR. The grant price of
Tandem SARs shall equal the Exercise Price of the related Option.

         7.2  EXERCISE OF TANDEM SARS.

              (a) Tandem SARs may be exercised for all or part of the Shares
subject to the related Option upon the surrender of the right to exercise the
equivalent portion of the related Option. A Tandem SAR may be exercised only
with respect to the Shares for which its related Option is then exercisable.

              (b) Notwithstanding any other provision of this Plan to the
contrary, with respect to a Tandem SAR granted in connection with an ISO: (i)
the Tandem SAR will expire no later than the expiration of the underlying ISO;
(ii) the value of the payout with respect to the Tandem SAR may be for no more
than one hundred percent (100%) of the difference between the Exercise Price of
the underlying ISO and the Fair Market Value of the Shares subject to the
underlying ISO at the time the Tandem SAR is exercised; and (iii) the Tandem SAR
may be exercised only when the Fair Market Value of the Shares subject to the
ISO exceeds the Exercise Price of the ISO.

         7.3 EXERCISE OF FREESTANDING SARS. Freestanding SARs may be exercised
upon whatever terms and conditions the Committee, in its sole discretion,
imposes upon them and sets forth in the Award Agreement.

         7.4 SAR AGREEMENT. Each SAR grant shall be evidenced by an Award
Agreement that shall specify the grant price, the term of the SAR, and such
other provisions as the Committee shall determine.

         7.5 TERM OF SARS. The term of an SAR granted under the Plan shall be
determined by the Committee, in its sole discretion; provided, however, that
such term shall not exceed ten (10) years.

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         7.6  PAYMENT OF SAR AMOUNT. Upon exercise of an SAR, a Participant
shall be entitled to receive payment from the Company in an amount determined by
multiplying:

              (a) the difference between the Fair Market Value of a Share on the
date of exercise over the grant price; by

              (b) the number of Shares with respect to which the SAR is
exercised.

         At the discretion of the Committee, the payment upon SAR exercise may
be in cash, in Shares of equivalent value, or in some combination thereof.

         7.7 NONTRANSFERABILITY OF SARS. Except as otherwise provided in a
Participant's Award Agreement, no SAR granted under the Plan may be sold,
transferred, pledged, assigned, or otherwise alienated or hypothecated, other
than by will or by the laws of descent and distribution. Further, except as
otherwise provided in a Participant's Award Agreement, during the lifetime of a
Participant, all SARs granted to such Participant under the Plan shall be
exercisable only by such Participant.

                                   ARTICLE 8

                                RESTRICTED STOCK

         8.1 GRANT OF RESTRICTED STOCK. Subject to the terms and provisions of
the Plan, the Committee, at any time and from time to time, may grant Shares of
Restricted Stock to Participants in such amounts as the Committee shall
determine.

         8.2 RESTRICTED STOCK AGREEMENT. Each Restricted Stock grant shall be
evidenced by an Award Agreement that shall specify the Period(s) of Restriction,
the number of Shares of Restricted Stock granted, and such other provisions as
the Committee shall determine.

         8.3 TRANSFERABILITY. Except as provided in this Article 8, the Shares
of Restricted Stock granted herein may not be sold, transferred, pledged,
assigned or otherwise alienated or hypothecated until the end of the applicable
Period of Restriction established by the Committee and specified in the Award
Agreement, or upon earlier satisfaction of any other conditions, as specified by
the Committee in its sole discretion and set forth in the Award Agreement.
During the lifetime of a Participant, all rights with respect to the Restricted
Stock granted to such Participant under the Plan shall be available only to such
Participant.

         8.4  RESTRICTIONS.

              (a) Subject to the terms hereof, the Committee shall impose such
conditions and/or restrictions on any Shares of Restricted Stock granted
pursuant to the Plan as it may deem advisable and as are set forth in the Award
Agreement including, without limitation, a requirement that Participants pay a
stipulated purchase price for each Share of Restricted Stock, restrictions based
upon the achievement of specific

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performance goals (Company-wide, divisional, and/or individual), time-based
restrictions on vesting following the attainment of the performance goals,
and/or restrictions under applicable federal or state securities laws.

              (b) The Company shall retain the certificates representing Shares
of Restricted Stock in the Company's possession until such time as all
conditions and/or restrictions applicable to such Shares have been satisfied.

              (c) Except as otherwise provided in this Article 8, Shares of
Restricted Stock covered by each Restricted Stock grant made under the Plan
shall become freely transferable by the Participant after the last day of the
applicable Period of Restriction.

         8.5 VOTING RIGHTS. During the Period of Restriction, subject to any
limitations imposed under the By-laws of the Company, Participants holding
Shares of Restricted Stock granted hereunder may exercise full voting rights
with respect to those Shares.

         8.6 DIVIDENDS AND OTHER DISTRIBUTIONS. During the Period of
Restriction, Participants holding Shares of Restricted Stock granted hereunder
may be credited with regular dividends paid with respect to the underlying
Shares while they are so held. The Committee may apply any restrictions to the
dividends that the Committee deems appropriate and as are set forth in the Award
Agreement. Without limiting the generality of the preceding sentence, if the
grant or vesting of Restricted Shares granted to a Named Executive Officer is
designed to comply with the requirements of the Performance-Based Exception, the
Committee may apply any restrictions it deems appropriate to the payment of
dividends declared with respect to such Restricted Shares, such that the
dividends and/or the Restricted Shares maintain eligibility for the
Performance-Based Exception.

                                   ARTICLE 9

                             TERMINATION OF SERVICE

         Each Award Agreement shall set forth the extent to which the
Participant shall have the right to exercise Options and SARs, and receive
unvested Shares of Restricted Stock, following Termination of Service with the
Group. Such provisions shall be determined in the sole discretion of the
Committee, shall be included in the Award Agreement entered into with each
Participant, need not be uniform among all Awards issued pursuant to the Plan,
and may reflect distinctions based on the reasons for Termination of Service;
provided, however, that the following shall automatically apply to the extent
different provisions are not set forth in a Participant's Award Agreement:

              (a) If the Termination of Service is by the Company for Cause, by
a Nonemployee Director or Consultant for any reason, or by an Employee without
Good Reason, all previously unexercised Options and SARs shall expire and all
unvested Restricted Shares shall be forfeited upon the date of Termination of
Service.

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              (b) If the Participant is an Employee and the Termination of
Service is by the Participant for Good Reason, all previously unexercised
Options and SARs may be exercised for a period of three (3) months after the
Participant's date of termination and all unvested Restricted Shares shall be
forfeited as of such date.

              (c) If the Termination of Service is a result of the Participant's
death or Disability, all previously unexercised Options and SARs may be
exercised for a period of 12 months after the Participant's date of termination
and all unvested Restricted Shares shall vest.

              (d) If the Company terminates a Nonemployee Director's or
Consultant's service for any reason other than the Participant's Disability, or
terminates an Employee's employment for any reason other than Cause or the
Participant's Disability, all previously unexercised Options and SARs may be
exercised for a period of three (3) months after the Participant's date of
Termination of Service and all unvested Restricted Shares which were not granted
during the year in which such Termination of Service occurs shall vest. Any
Restricted Shares granted during the year of Termination of Service shall be
forfeited.

                                   ARTICLE 10

                             RESTRICTIONS ON SHARES

         All Shares acquired pursuant Awards granted hereunder, and
Participants' right to exercise Options and SARS and/or receive Shares upon
exercise or vesting of an Award, shall be subject to all applicable restrictions
contained in the Company's By-laws, shareholders agreement or insider trading
policy, and any other restrictions imposed by the Committee, including, without
limitation, restrictions under applicable securities laws, under the
requirements of any stock exchange or market upon which such Shares are then
listed and/or traded, and restrictions under any blue sky or state securities
laws applicable to such Shares.

                                   ARTICLE 11

                              PERFORMANCE MEASURES

         If Awards under the Plan are subject to Code Section 162(m) and the
Committee determines that such Awards should be designed to comply with the
Performance-Based Exception, the performance measure(s), the attainment of which
determine the degree of payout and/or vesting, to be used for purposes of such
Awards shall be chosen from among earnings per share, economic value added,
market share (actual or targeted growth), net income (before or after taxes),
operating income, return on assets (actual or targeted growth), return on
capital (actual or targeted growth), return on equity (actual or targeted
growth), return on investment (actual or targeted growth), gross or net
underwriting results, revenue (actual or targeted growth), share price, stock
price growth, total shareholder return, or such other performance measures as
are approved by the Committee and the Company's shareholders.

                                       12

<PAGE>

         The Committee shall have the discretion to adjust the determinations of
the degree of attainment of the pre-established performance goals; provided,
however, that Awards which are designed to qualify for the Performance-Based
Exception, and which are held by Named Executive Officers, may not be adjusted
upward (the Committee shall retain the discretion to adjust such Awards
downward).

         In the event that applicable tax laws change to permit the Committee to
alter the governing performance measures without obtaining shareholder approval
of such changes, the Committee shall have sole discretion to make such changes
without obtaining shareholder approval. In addition, if the Committee determines
that it is advisable to grant Awards that do not qualify for the
Performance-Based Exception, the Committee may make such grants without
satisfying the requirements thereof.

                                   ARTICLE 12

                             BENEFICIARY DESIGNATION

         Subject to the terms and conditions of the Plan and applicable Award
Agreement, each Participant may, from time to time, name any beneficiary or
beneficiaries (who may be named contingently or successively) to whom any
benefit under the Plan is to be paid in case of his or her death before he or
she receives any or all of such benefit. Each such designation shall revoke all
prior designations by the same Participant, shall be in a form prescribed by the
Company, and will be effective only when filed by the Participant in writing
during the Participant's lifetime with the party chosen by the Company, from
time to time, to administer the Plan. In the absence of any such designation,
benefits remaining unpaid at the Participant's death shall be paid to the
Participant's estate.

                                   ARTICLE 13

                             RIGHTS OF PARTICIPANTS

         13.1 CONTINUED SERVICE. Nothing in the Plan shall:

              (a) interfere with or limit in any way the right of the Company to
terminate any Participant's employment, service as a Director, or service as a
consultant with the Group at any time, or

              (b) confer upon any Participant any right to continue in the
service of any member of the Group as an Employee, Director or Consultant.

         13.2 PARTICIPATION. Participation is determined by the Committee. No
person shall have the right to be selected to receive an Award under the Plan,
or, having been so selected, to be selected to receive a future Award.

                                       13
<PAGE>

                                   ARTICLE 14

                                CHANGE IN CONTROL

         14.1 TREATMENT OF OUTSTANDING AWARDS. Upon the occurrence of a Change
in Control, unless otherwise specifically prohibited under applicable laws, or
by the rules and regulations of any governing governmental agencies or national
securities exchanges:

              (a) any and all Options and SARs granted hereunder shall become
immediately exercisable; and

              (b) any restriction periods and restrictions imposed on Restricted
Shares shall lapse.

         14.2 TERMINATION, AMENDMENT, AND MODIFICATIONS OF CHANGE-IN-CONTROL
PROVISIONS. Notwithstanding any other provision of this Plan or any Award
Agreement provision, the provisions of this Article 14 may not be terminated,
amended, or modified on or after the date of a Change in Control to affect
adversely any Award theretofore granted under the Plan without the prior written
consent of the Participant with respect to said Participant's outstanding
Awards; provided, however, that the Board, upon recommendation of the Committee,
may terminate, amend, or modify this Article 14 at any time and from time to
time prior to the date of a Change in Control.

                                   ARTICLE 15

                    AMENDMENT, MODIFICATION, AND TERMINATION

         15.1 AMENDMENT, MODIFICATION, AND TERMINATION. The Board may at any
time and from time to time, alter, amend, suspend or terminate the Plan or any
Award hereunder in whole or in part; provided, however, that no amendment which
requires shareholder approval in order for the Plan to continue to comply with
any applicable tax or securities or the rules of any securities exchange on
which the securities of the Company are listed, shall be effective unless such
amendment shall be approved by the requisite vote of shareholders of the Company
entitled to vote thereon; provided further that no such shall alteration,
amendment, suspension or termination shall adversely affect any Award hereunder
without the consent of the Participant to whom such Award shall have been made.

         15.2 ADJUSTMENT OF AWARDS UPON THE OCCURRENCE OF CERTAIN UNUSUAL OR
NONRECURRING EVENTS. The Committee may make adjustments in the terms and
conditions of, and the criteria included in, Awards in recognition of unusual or
nonrecurring events (including, without limitation, the events described in
Section 4.2 hereof) affecting the Company or the financial statements of the
Company or of changes in applicable laws, regulations, or accounting principles,
whenever the Committee determines that such adjustments are appropriate in order
to prevent dilution or enlargement of the benefits or potential benefits
intended to be made available under

                                       14

<PAGE>

the Plan; provided that no such adjustment shall be authorized to the extent
that such authority would be inconsistent with the Plan's meeting the
requirements, if applicable, of Code Section 162(m), as amended from time to
time.

         15.3 COMPLIANCE WITH CODE SECTION 162(m). At all times when Code
Section 162(m) is applicable, all Awards granted under this Plan to Named
Executive Officers, or to Participants who will likely become Named Executive
Officers at the time of vesting or payment, shall be awarded and administered to
comply with the requirements of Code Section 162(m), unless the Committee
determines that such compliance is not desired. In addition, if changes are made
to Code Section 162(m) or the regulations promulgated thereunder to permit
greater flexibility with respect to any Award or Awards available under the
Plan, the Committee may, subject to this Article 15, make any adjustments it
deems appropriate.

                                   ARTICLE 16

                                   WITHHOLDING

         16.1 TAX WITHHOLDING. The Company shall have the power and the right to
deduct or withhold, or require a Participant to remit to the Company, an amount
sufficient to satisfy any taxes required by federal, state, or local law or
regulation to be withheld with respect to any taxable event arising as a result
of this Plan.

         16.2 SHARE WITHHOLDING. Participants may elect, subject to the approval
of the Committee, to satisfy all or part of such withholding requirement by
having the Company withhold Shares having a Fair Market Value equal to the
minimum statutory total tax which could be imposed on the transaction. All such
elections shall be irrevocable, made in writing, signed by the Participant, and
shall be subject to any restrictions or limitations that the Committee, in its
sole discretion, deems appropriate.

                                   ARTICLE 17

                                 INDEMNIFICATION

         Each person who is or shall have been a member of the Committee, or of
the Board, shall be indemnified and held harmless by the Company to the fullest
extent permitted by applicable law against and from any loss, cost, liability,
or expense that may be imposed upon or reasonably incurred by him or her in
connection with or resulting from any claim, action, suit, or proceeding to
which he or she may be a party or in which he or she may be involved by reason
of any action taken or failure to act under the Plan and against and from any
and all amounts paid by him or her in settlement thereof, with the Company's
approval, or paid by him or her in satisfaction of any judgment in any such
action, suit, or proceeding against him or her, provided he or she shall give
the Company an opportunity, at its own expense, to handle and defend the same
before he or she undertakes to handle and defend it on his or her own behalf.
The foregoing right of indemnification is subject to the person having been
successful in

                                       15
<PAGE>

the legal proceedings or having acted in good faith and what is reasonably
believed to be a lawful manner in the Company's best interests. The foregoing
right of indemnification shall not be exclusive of any other rights of
indemnification to which such persons may be entitled under the Company's
Articles of Incorporation or Bylaws, as a matter of law, or otherwise, or any
power that the Company may have to indemnify them or hold them harmless.

                                   ARTICLE 18

                                   SUCCESSORS

         All obligations of the Company under the Plan with respect to Awards
granted hereunder shall be binding on any successor to the Company, whether the
existence of such successor is the result of a direct or indirect purchase,
merger, consolidation, or otherwise, of all or substantially all of the business
and/or assets of the Company.

                                   ARTICLE 19

                               LEGAL CONSTRUCTION

         19.1 GENDER AND NUMBER. Except where otherwise indicated by the
context, any masculine term used herein also shall include the feminine; the
plural shall include the singular and the singular shall include the plural.

         19.2 SEVERABILITY. In the event any provision of the Plan shall be held
illegal or invalid for any reason, the illegality or invalidity shall not affect
the remaining parts of the Plan, and the Plan shall be construed and enforced as
if the illegal or invalid provision had not been included.

         19.3 REQUIREMENTS OF LAW. The granting of Awards and the issuance of
Shares under the Plan shall be subject to, and may be made contingent upon
satisfaction of, all applicable laws, rules, and regulations, and to such
approvals by any governmental agencies or national securities exchanges as may
be required.

         19.4 GOVERNING LAW. To the extent not preempted by federal law, the
Plan, and all agreements hereunder, shall be construed in accordance with and
governed by the laws of the state of New York.

                                       16

<PAGE>

         IN WITNESS WHEREOF, this Plan has been executed as of the date first
written above.

                                             SAFETY INSURANCE GROUP, INC.

                                             -------------------------------
                                             By:
                                             Its:

                                       17<PAGE>

                                                                   EXHIBIT 10.47

                            SECOND OMNIBUS AGREEMENT

                  THIS SECOND OMNIBUS AGREEMENT (this "Agreement") dated as of ,
2002 by and among Safety Insurance Group, Inc., a Delaware corporation (the
"Company"), and each of the other parties which are signatories hereto (the
"Securityholders").

                  WHEREAS, the Company desires to raise funds by issuing and
selling up to 9,200,000 shares (the "Shares") of the common stock of the
Company, par value $0.01 (the "Common Stock") in an underwritten public offering
(the "Offering");

                  WHEREAS, the parties hereto are parties to an Omnibus
Agreement, dated as of July 1, 2002 (the "First Omnibus Agreement"), the
provisions of which (other than Sections 1 and 7 thereof) became null and void
when the Closing Date (as defined in the First Omnibus Agreement) did not occur
prior to August 31, 2002;

                  WHEREAS, in connection with the Offering, the Company desires
(i) to amend its Restated Certificate of Incorporation to, among other things,
cause the conversion of all outstanding shares of its 6.0% Series A Cumulative
Redeemable Preferred Stock, par value $0.001 per share (the "Series A Shares")
into shares of its Common Stock and (ii) the prepayment of all the Company's
outstanding 13.0% Senior Subordinated Notes, aggregate principal amount $30.0
million (each, a "Senior Note" and together, the "Senior Notes");

                  WHEREAS, one of the Securityholders, Fairholme Partners, L.P.
("FPLP"), has agreed to purchase shares of Common Stock directly from the
Company on a non-underwritten basis at the initial public offering price in or
concurrently with the Offering; and

                  WHEREAS, the Company and the Securityholders desire to enter
into certain other agreements in connection with the Offering.

                  NOW, THEREFORE, in consideration of the mutual covenants
contained herein, and of other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto hereby agree as
follows:

                  1. STOCKHOLDER WRITTEN CONSENTS.

                  (a) FIRST OMNIBUS AGREEMENT. The Securityholders hereby
confirm that Section 1 of the First Omnibus Agreement remains in full force and
effect, and hereby approve and ratify the resolutions set forth in Appendices A
and B thereto with the same force and effect as if adopted at a duly convened
meeting of such Securityholders.

                  (b) APPROVAL OF THE OMNIBUS PLAN. The Securityholders hereby
waive all notice of time, place and purpose of meeting and consent to and adopt
the resolution set forth in Appendix A hereto pursuant to Section 228(a) of the
Delaware General Corporation Law in lieu of holding a special meeting, with the
same force and effect as if adopted at a duly convened meeting of such
Securityholders.

<PAGE>

                  2. WAIVER OF NOTICE. The Company intends to prepay the Senior
Notes at the date and time of the closing of the Offering, without reference to
the closing of any over-allotment option granted in connection with the Offering
(such date and time, the "Closing Date") or as soon as practicable thereafter
with proceeds from the Offering or from a new bank credit facility to be entered
into concurrently with the Offering. Each Securityholder which holds Senior
Notes hereby waives written notice of any such prepayment under Section 4.3 of
the Purchase Agreement dated as of October 15, 2001 between the Company and JZ
Equity Partners plc ("JZEP").

                  3. STOCKHOLDERS AGREEMENT.

                  (a) NO PREEMPTIVE RIGHTS. The Securityholders hereby
acknowledge and agree that any preemptive or other similar rights they may have
under Section 5.5 of the Stockholders Agreement, dated as of October 16, 2001
(the "Stockholders Agreement") among the Company and the other parties thereto,
or that they may otherwise have do not apply to any of (i) the issuance of
shares of Common Stock upon conversion of the Series A Shares, (ii) the issuance
of any stock option to any Securityholder who is an officer of the Company or
any subsidiary, (iii) the issuance of shares of Common Stock in the Offering or
(iv) any shares of Common Stock issued directly to any Securityholder by the
Company on a non-underwritten basis in or concurrently with the Offering.

                  (b) NO PIGGYBACK REGISTRATION RIGHTS. The Securityholders
hereby waive all rights they may have under Section 6.2 of the Stockholders
Agreement to notice of the Company's intention to effect the Offering or to
cause the Company to effect the registration of any of the Securityholders'
shares of Common Stock in the Offering.

                  (c) REGISTRABLE SECURITIES. The Company and the
Securityholders hereby confirm and acknowledge that any and all shares of Common
Stock issuable upon conversion of the Series A Shares or issued directly to any
Securityholder by the Company on a non-underwritten basis in or concurrently
with the Offering shall constitute "Common Stock" and "Registrable Securities"
(as such terms are defined in the Stockholders Agreement) for all purposes
thereunder.

                  (d) TERMINATION OF CERTAIN PROVISIONS. The Company and the
Securityholders agree that, for purposes of Section 7.1 of the Stockholders
Agreement, a "Public Offering" (as such term is defined in the Stockholders
Agreement) "occurs" effective as of the date and time of the closing thereof
(without reference to the closing of any overallotment option granted in
connection therewith).

                  4. CONSENT, WAIVER AND CONFIRMATION.

                  (a) CONSENT TO TRANSACTIONS. The Securityholders hereby
consent to the Offering and to the other actions to be taken and transactions to
be entered into by the Company in connection or concurrently therewith,
including but not limited to the actions and transactions contemplated by this
Agreement.

                  (b) WAIVER OF MANAGEMENT RIGHTS. Each of (i) the Company, (ii)
FPLP, a party to a Management Rights Agreement by and between it and the Company
dated as of

                                       2
<PAGE>

October 26, 2001, and (iii) TCW/Crescent Mezzanine Partners III, L.P. ("TCW"), a
party to a Management Rights Agreement by and between it and the Company dated
as of October 25, 2001, hereby agrees that each such Management Rights Agreement
shall terminate automatically, effective as of the Closing Date; it being
understood that the obligations of each of Fairholme and TCW under Section 4 of
its respective Management Rights Agreement shall remain in full force and effect
with respect to information and materials obtained before the Closing Date.
Effective as of the Closing Date, FPLP and TCW each hereby waives any breach by
the Company prior to the Closing Date of any terms of its respective Management
Rights Agreement.

                  (c) FPLP CONFIRMATION. FPLP and the Company each hereby
confirms and agrees that any and all references to the "Omnibus Agreement," as
such term is defined in the Stock Purchase Agreement dated as of June 28, 2002
(the "FPLP Agreement") by and between the Company and FPLP, shall be deemed to
be references to this Agreement.

                  5. CUSTODY ARRANGEMENTS AND POWERS OF ATTORNEY.

                  (a) CUSTODY ARRANGEMENTS. The Company and certain of its
Securityholders have executed certain Letters of Transmittal and Custody
Agreements (each, as amended from time to time, a "Custody Agreement") in
connection with the Offering under which the Company is appointed Custodian (as
such term is defined in the Custody Agreements) of each such Securityholder's
securities. The Company and each Securityholder which executed a Custody
Agreement hereby confirm that such Custody Agreement shall continue in full
force and effect in connection with the Offering and the transactions
contemplated by this Agreement. The Company shall continue to act as Custodian
in connection with each such Custody Agreement and shall have full discretion to
appoint or revoke the appointment of any agent selected by the Company to assist
it in its duties as Custodian thereunder.

                  (b) POWERS OF ATTORNEY. Each Securityholder hereby irrevocably
constitutes and appoints A. Richard Caputo, Jr., John W. Jordan II and David W.
Zalaznick, each with full power and authority to act alone in any matter
hereunder and with full power of substitution, the true and lawful
attorneys-in-fact (the "Attorneys") of such Securityholder with full power in
the name of, for and on behalf of, such Securityholder with respect to all
matters arising in connection with Offering and the transactions and actions
contemplated by the Company and the Securityholders relating thereto, including,
but not limited to, the power and authority to take further action to implement
this Agreement and the transactions contemplated hereby. Each of the Attorneys
is hereby empowered to determine in his sole discretion the time or times when,
purpose for and manner in which any power herein conferred upon him shall be
exercised, and the conditions, provisions or covenants of any instrument or
document which may be executed by him pursuant hereto; PROVIDED, that no
Attorney shall exercise the power granted to him hereunder in a manner that
adversely affects any Securityholder disproportionately to any one or more other
Securityholders.

                  The power of attorney granted by each Securityholder hereunder
(each, a "Power of Attorney") is an agency coupled with an interest and all
authority conferred hereby shall be irrevocable and shall not be terminated by
any act of such Securityholder or by operation of law, whether, to the extent
applicable, by the death or incapacity of such Securityholder or by the

                                       3
<PAGE>

occurrence of any other event or events (including, without limitation, the
termination of any trust or estate for which such Securityholder is acting as
fiduciary or fiduciaries or the dissolution or liquidation of any corporation or
partnership), whether or not any such Attorney shall have notice of any such
event. Notwithstanding any of the foregoing provisions, if the Offering shall
not have occurred on or prior to December 31, 2002, then from and after such
date each Power of Attorney granted hereby shall be deemed terminated.

                  The Attorneys, and any of them, shall be entitled to act and
rely upon any representation, warranty, agreement, statement, request, notice or
instructions respecting the Power of Attorney hereby granted by a Securityholder
which is given by such Securityholder, not only as to the authorization,
validity and effectiveness thereof, but also as to the truth and acceptability
of any information therein contained. In acting hereunder, the Attorneys may
also rely on the representations, warranties and agreements of such
Securityholder made in this Agreement.

                  The Attorneys (in such capacity) make no representations with
respect to and shall have no responsibility for the Registration Statement on
Form S-1 of the Company (and any amendments thereto) relating to the Offering
(the "Registration Statement") or any prospectus contained therein nor, except
as herein expressly provided, for any aspect of the pending Offering and the
Attorneys shall not be liable for any error of judgment or for any act done or
omitted or for any mistake of fact or law except for the Attorneys' own gross
negligence or bad faith. Each Securityholder severally agrees to indemnify the
Attorneys for and to hold the Attorneys, jointly and severally, free from and
harmless against any and all loss, claim, damage, liability or expense incurred
by or on behalf of the Attorneys, or any of them, arising out of or in
connection with acting as Attorneys under the Power of Attorney granted by such
Securityholder hereunder, as well as the cost and expense of defending against
any claim of liability hereunder, and not due to the Attorneys' own gross
negligence or willful misconduct. Each Securityholder agrees that the Attorneys
may consult with counsel of their choice (which may but need not be counsel for
the Company) and the Attorneys shall have full and complete authorization and
protection for any action taken or suffered by the Attorneys, or any of them
hereunder, in good faith and in accordance with the opinion of such counsel.

                  6. REPRESENTATIONS AND WARRANTIES.

                  (a) Each Securityholder hereby represents and warrants that
this Agreement has been duly executed and delivered by or on behalf of such
Securityholder and is the valid and legally binding agreement of such
Securityholder enforceable against it in accordance with its terms, except that
(i) the enforceability hereof may be limited by bankruptcy, insolvency,
reorganization, fraudulent conveyance, moratorium or other similar laws now or
hereafter in effect relating to creditors' rights generally and (ii) the remedy
of specific performance and other forms of equitable relief may be subject to
certain equitable defenses and to the discretion of the court before which the
proceedings therefore may be brought.

                  (b) Each Securityholder hereby represents and warrants that
neither the execution, delivery or performance of this Agreement by or on behalf
of such Securityholder nor the consummation by or on behalf of such
Securityholder of the transactions contemplated hereby (i) requires any consent,
approval, authorization or other order of, or registration or filing

                                       4
<PAGE>

with, any court, regulatory body, arbitrator, administrative agency or other
governmental body, agency or official, (ii) conflicts or will conflict with or
constitutes or will constitute a breach of, or a default under, the
organizational documents of such Securityholder or any material agreement,
indenture, lease or other instrument to which such Securityholder is a party or
by which such Securityholder is or may be bound, (iii) violates or will violate
any statute, law, regulation or filing or judgment, injunction, order or decree
applicable to such Securityholder, or (iv) will result in the creation or
imposition of any lien, charge or encumbrance upon any property or assets of
such Securityholder pursuant to the terms of any material agreement or
instrument to which such Securityholder is a party or by which such
Securityholder may be bound or to which any of the property or assets of such
Securityholder is subject.

                  (c) Each Securityholder hereby represents and warrants that
(i) all information furnished by or on behalf of such Securityholder in writing
specifically for use in the Registration Statement and the prospectus contained
therein is, and on the Closing Date will be, true, correct and complete and does
not, and on the Closing Date will not, contain any untrue statement of material
fact or omit to state any material fact necessary to make such statements, in
light of the circumstances under which they were made, not misleading and (ii)
such Securityholder has reviewed and is familiar with the information concerning
it in the preliminary prospectus dated July 9, 2002 relating to the Offering
under the caption "Ownership of Common Stock" and has no knowledge of any
material fact, condition or information concerning it in its capacity as a
Securityholder not disclosed in such preliminary prospectus.

                  (d) If such Securityholder holds Series A Shares (each, a
"Preferred Holder"), then such Preferred Holder represents and warrants that the
shares of Common Stock such Preferred Holder will acquire upon conversion of its
Series A Shares will be acquired for investment for such Preferred Holder's own
account, not as a nominee or agent, and not with a view to the resale or
distribution of any part thereof, and that such Preferred Holder has no present
intention of selling, granting any participation in, or otherwise distributing
the same. Further, such Preferred Holder understands that the shares of Common
Stock it will acquire upon such conversion have not been registered under the
Securities Act of 1933, as amended (the "Securities Act"), and absent
registration, may not be offered or sold within the United States except
pursuant to an exemption from the Securities Act or in a transaction not subject
to the registration requirements of the Securities Act.

                  (e) Each of JZEP, TCW, TCW/Crescent Mezzanine Trust III and
TCW/Crescent Mezzanine Partners III Netherlands, L.P. hereby represents and
warrants that it is a "qualified institutional buyer" as such term is defined
under Rule 144A of the Securities Act.

                  (f) FPLP hereby represents and warrants that the
representations and warranties it made in the FPLP Agreement are true and
correct on and as of the date hereof, each as though made as of the date hereof,
except to the extent if any, as otherwise disclosed in writing to the Company
concurrently with its execution and delivery of this Agreement.

                  The foregoing representations, warranties and agreements are
made for the benefit of, and may be relied upon by, the Company, Credit Suisse
First Boston Corporation, Jefferies & Company, Inc. and each of their respective
representatives, agents and counsel.

                                       5
<PAGE>

                  7. EFFECTIVENESS. This Agreement will become effective
immediately upon execution and delivery of this Agreement by the parties hereto.
If the Closing Date does not occur prior to December 31, 2002, this Agreement
(other than Section 1 hereof and this Section 7) shall be deemed null and void
and shall have no further force or effect.

                  8. LEGEND. Each certificate for shares of Common Stock held by
any party to this Agreement which constitute "restricted securities" as such
term is defined in Rule 144 under the Securities Act (or any successor
provision) shall bear the following legend:

                  THE SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
                  REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND
                  MAY NOT BE TRANSFERRED EXCEPT PURSUANT TO AN EFFECTIVE
                  REGISTRATION STATEMENT, OR AN EXCEPTION FROM REGISTRATION,
                  UNDER SAID ACT.

         The foregoing legend shall not be removed until the shares represented
by the certificate are sold pursuant to an effective registration statement or
Rule 144 (including Rule 144(k)) under the Securities Act (or any successor
provision) or the Company shall otherwise determine in its sole discretion to
remove the legend. The Company may make any removal of the legend subject to
receipt of such legal opinions or certifications as it shall reasonably request.

                  9. COUNTERPARTS. This Agreement may be executed in
counterparts, each of which shall be deemed an original, and all of which
together shall constitute a single agreement.

                REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK.

                                       6
<PAGE>

                  IN WITNESS WHEREOF, the undersigned have executed this
Agreement as of the date first written above.

                               SAFETY INSURANCE GROUP, INC.

                               By:
                                  ----------------------------------
                                  Name:  David F. Brussard
                                  Title: Chief Executive Officer and President

                                   ---------------------------------
                                          David F. Brussard

                                   ---------------------------------
                                          Edward N. Patrick, Jr.

                                   ---------------------------------
                                          William J. Begley, Jr.

                                   ---------------------------------
                                          Daniel F. Crimmins

                                   ---------------------------------
                                          Daniel D. Loranger

                                   ---------------------------------
                                          Robert J. Kerton

                                   ---------------------------------
                                          David E. Krupa

                               LEUCADIA INVESTORS, INC.

                               By:
                                  -----------------------------------
                                   Name:
                                   Title:

<PAGE>

                               JOHN W. JORDAN II REV. TRUST

                               By:
                                   ----------------------------------
                                   Name:
                                   Title:

                                   ---------------------------------
                                          David W. Zalaznick

                                   ---------------------------------
                                          Jonathan F. Boucher

                                   ---------------------------------
                                        A. Richard Caputo, Jr.

                                   ---------------------------------
                                           Adam E. Max

                                   ---------------------------------
                                           Douglas J. Zych

                                   ---------------------------------
                                           Brian Higgins

                                   ---------------------------------
                                           Paul Rodzevik

                               JZ EQUITY PARTNERS PLC

                               By:
                                  -----------------------------------
                                  Name:
                                  Title:

                               J/Z CBO (DELAWARE), LLC

                               By:
                                  -----------------------------------
                                  Name:
                                  Title:

<PAGE>

                               TCW/CRESCENT MEZZANINE TRUST III

                               By:
                                  ----------------------------------
                                   Name:
                                   Title:

                               TCW/CRESCENT MEZZANINE PARTNERS III, L.P.

                               By:
                                  --------------------------------------
                                   Name:
                                   Title:

                               TCW/CRESCENT MEZZANINE PARTNERS III
                               (NETHERLANDS), L.P.

                               By:
                                  ------------------------------------
                                  Name:
                                  Title:

                               FAIRHOLME PARTNERS, L.P.

                               By:
                                  -----------------------------------
                                  Name:
                                  Title:

                               ROBERT D. & ANN MARIE MANN,
                               TRUSTEES, MANN TRUST, 4/16/00

                               By:
                                  ----------------------------------
                                   Name:
                                   Title:

<PAGE>

                  NOW, THEREFORE, BE IT RESOLVED, that the stockholders of the
Company approve the Plan, as amended and restated, as set forth in Exhibit I
hereto.

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