- Business
- The Hartford Financial Services Group, Inc. (NYSE: HIG; LSE: 0J3H) provides property and casualty insurance, group benefits, and mutual funds to individual and business customers through its subsidiaries. The company operates five primary segments including Commercial Lines, which offers workers' compensation, property, automobile, general and professional liability, package business, umbrella, fidelity and surety, marine, livestock, accident, health, and reinsurance coverages; Personal Lines, providing automobile, homeowners, and personal umbrella insurance through direct-to-consumer channels and independent agents; Property & Casualty Other Operations, covering asbestos and environmental exposures; Group Benefits, delivering group life, short-term and long-term disability, accident, and other coverages to employer groups, associations, and affinity groups via direct policies, reinsurance, and administrative services; and Hartford Funds, managing mutual funds and exchange-traded funds across various asset classes through broker-dealers, financial advisers, and investment platforms. Founded in 1810 and headquartered in Hartford, Connecticut, The Hartford conducts operations in the United States, the United Kingdom, Japan, Canada, Brazil, Ireland, and internationally via regional offices, independent agents, brokers, and online channels, serving millions of customers including small businesses, multinational corporations, and institutions with tailored risk management solutions. Recent developments include the nationwide expansion of its CyberChoice First Response cyber insurance product through the ICON platform for small businesses in most U.S. states, record third quarter 2025 core earnings of $1.1 billion with a 41% increase in net income available to common stockholders, expansion of its Prevail personal lines platform to six states by year-end 2025 and targeting 30 states by 2026, a restructured Technology and Operations organization appointing Shekar Pannala as chief information officer and Jeffery Hawkins as chief data, AI, and operations officer in April 2025, and ongoing integration from the 2019 Navigators Group acquisition alongside strong written premium growth in commercial lines exceeding $13.5 billion and personal lines at $3.6 billion in 2024.