Hartford Financial Services Group Inc-The HIG

Overview

The Hartford Financial Services Group, Inc., along with its subsidiaries, stands as a comprehensive provider of insurance and financial services, catering to the needs of both individuals and business clients across the United States, the United Kingdom, and other international locations. Established in 1810 and based in Hartford, Connecticut, the company has developed a broad spectrum of insurance products and financial services through diverse distribution channels. With its rich history and expansive offerings, The Hartford is dedicated to delivering tailored solutions that address the unique risks and aspirations of its customers, boasting a strong commitment to integrity, excellence, and customer service.

Products and Services

• Commercial Lines

  Targets business insurance needs, offering a wide array of coverages including workers' compensation, property, automobile, general and professional liability, among others. This segment effectively reaches its market through regional offices, branches, independent agents, and brokers, emphasizing a comprehensive approach to business risk management.

• Personal Lines

  Provides personal insurance coverages such as automobile, homeowners, and personal umbrella policies mainly through direct-to-consumer channels and independent agents. This segment focuses on catering to the individual needs of customers, ensuring their personal assets are adequately protected.

• Property & Casualty Other Operations

  Offers specialized coverage options for complex liabilities like asbestos and environmental exposures. This segment showcases The Hartford's capability to provide solutions for some of the most challenging insurance needs.

• Group Benefits

  Delivers a comprehensive suite of group life, disability, and other coverages for employer groups, associations, and affinity groups. Beyond direct insurance policies, this segment also engages in reinsurance, providing disability underwriting, administration, claims processing, and leave management solutions. The distribution of these group insurance products and services is effectively managed through brokers, consultants, and various other channels.

• Hartford Funds

  Offers a broad slate of managed mutual funds and exchange-traded funds across various asset classes. This segment not only focuses on investment management but also on providing distribution and administrative services, emphasizing product design, implementation, and oversight. Distribution channels include broker-dealer organizations, independent financial advisers, and more.