HIG 📈 Hartford Financial Services Group

The Hartford Financial Services Group, Inc. is a leading insurance and financial services provider with a rich history dating back to 1810. Headquartered in Hartford, Connecticut, the company offers a diverse range of insurance and financial products to individuals and businesses in the United States, the United Kingdom, and internationally.

The company's Commercial Lines segment provides a comprehensive suite of insurance coverages, including workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance. These products are distributed through a network of regional offices, branches, sales and policyholder service centers, independent retail agents and brokers, wholesale agents, and reinsurance brokers. This segment caters to the insurance needs of businesses, helping them manage risks and protect their assets.

The Personal Lines segment focuses on providing automobile, homeowners, and personal umbrella coverages to individuals. These products are offered through direct-to-consumer channels, such as online platforms and call centers, as well as through independent agents who can provide personalized advice and guidance. This segment helps individuals protect their personal assets and manage risks associated with everyday life.

The Property & Casualty Other Operations segment specializes in providing coverage for asbestos and environmental exposures. This segment caters to businesses and individuals who require specialized insurance products to manage unique risks associated with environmental hazards and asbestos-related liabilities.

The Group Benefits segment offers a range of group life, disability, and other group coverages to members of employer groups, associations, and affinity groups. These products are distributed through direct insurance policies, reinsurance to other insurance companies, and partnerships with brokers, consultants, third-party administrators, trade associations, and private exchanges. This segment also provides disability underwriting, administration, and claims processing services to self-funded employer plans, as well as leave management solutions. The goal of this segment is to help employers provide valuable benefits to their employees while managing costs and administrative burdens.

The Hartford Funds segment is a leading provider of managed mutual funds and exchange-traded funds across various asset classes. These investment products are distributed through broker-dealer organizations, independent financial advisers, defined contribution plans, financial consultants, bank trust groups, and registered investment advisers. The segment also offers investment management, distribution, and administrative services, such as product design, implementation, and oversight. This segment helps individuals and institutions achieve their investment goals by providing access to a range of investment products and services.

With a long history of providing insurance and financial services, The Hartford Financial Services Group, Inc. has established itself as a trusted and reliable partner for individuals and businesses. The company's commitment to innovation, customer service, and risk management has enabled it to maintain a strong presence in the insurance and financial services industry.