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About
The Hartford Financial Services Group, Inc. is an insurance and financial services company. The company provides life insurance, group and employee benefits, automobile and homeowners insurance and business insurance, as well as investment products, annuities, mutual funds, and college savings plans. It operates through the following segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, Mutual Funds and Talcott Resolution. The Commercial Lines segment provides workers compensation, property, automobile, liability and umbrella coverage under several different products, primarily throughout the U.S., within its standard commercial lines, which consists of The Hartford's small commercial and middle market lines of business. The Personal Lines segment includes automobile, homeowners and home-based business coverage to individuals across the U.S. The Property & Casualty Other Operations segment segment includes certain property and casualty operations, currently managed by the company, that have discontinued writing new business and substantially all of the company's asbestos and environmental exposures. The Group Benefits segment offers group life, accident and disability coverage, group retiree health and voluntary benefits to individual members of employer groups, associations, affinity groups and financial institutions. The Mutual Funds segment provides investment management, administration, distribution and related services. The Talcott Resolution segment is comprised of runoff business from the Company's U.S. annuity, international annuity, and institutional and private placement life insurance businesses, as well as the retirement plans and individual life businesses. The Hartford Financial Services Group was founded on May 10, 1810 and is headquartered in Hartford, CT. | |||
Description
The Hartford Financial Services Group, Inc., through its subsidiaries, provides insurance and financial services to individual and business customers in the United States. It operates through Commercial Lines, Personal Lines, Group Benefits, Mutual Funds, and Talcott Resolution segments. The Commercial Lines segment offers workers' compensation, property, automobile, marine, livestock, general liability, and umbrella insurance products, as well as customized insurance products and services, including professional liability, bond, and specialty casualty coverages. The Personal Lines segment provides automobile, homeowners, and personal umbrella coverages to individuals. The Group Benefits segment offers group life, accident and disability coverage, voluntary benefits, and group retiree health to employers, associations, and financial institutions; and disability underwriting, administration, claims processing, and reinsurance to other insurers and self-funded employer plans. The Mutual Funds segment provides investment products for retail and retirement accounts; and investment-management and administrative services, such as product design, implementation, and oversight. The Talcott Resolution segment offers variable, fixed, and payout annuity products; and institutional and private-placement life insurance products. The Hartford Financial Services Group, Inc. was founded in 1810 and is headquartered in Hartford, Connecticut. |