HIG Profile
The Hartford Financial Services Group, Inc. operates as a leading provider of insurance and financial services, serving a diverse clientele across the United States, the United Kingdom, and global markets. Established in 1810 and headquartered in Hartford, Connecticut, the company operates through several strategic segments, each focusing on distinct aspects of insurance and investment management.
The Commercial Lines segment forms a core pillar of The Hartford's business, offering a wide array of insurance products tailored for businesses. These include workers' compensation, property, automobile, liability, marine, and reinsurance solutions. The segment also provides specialized coverages such as professional liability and surety bonds through an extensive network of regional offices, branches, and independent agents, ensuring comprehensive risk management and insurance protection.
In the Personal Lines segment, The Hartford delivers automobile, homeowners, and personal umbrella coverages through direct-to-consumer channels and independent agents. This segment emphasizes personalized service and tailored insurance solutions to meet the individual needs of customers, enhancing accessibility and customer satisfaction.
Additionally, The Hartford's Group Benefits segment offers group life, disability, and other group insurance coverages to employer groups, associations, and affinity groups. It also provides reinsurance services and disability underwriting and claims processing for self-funded employer plans, complemented by a suite of leave management solutions. The segment distributes its products and services through brokers, consultants, and private exchanges, ensuring robust support for employee benefit programs.
Through its Hartford Funds segment, the company provides a range of investment products for retail and retirement accounts, including exchange-traded products and investment management services. The Hartford Funds segment serves a diverse client base through broker-dealer organizations, independent financial advisers, defined contribution plans, and registered investment advisers, emphasizing innovation and performance in investment solutions.
With a rich legacy spanning over two centuries, The Hartford Financial Services Group continues to uphold its commitment to excellence and innovation in insurance and financial services, driving growth and value creation for its stakeholders worldwide.
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