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The Hartford Financial Services Group, Inc. · Hartford, CT United States ·(NYSE: HIG)

Company Description

One Hartford Plaza
Hartford, CT
06155
United States (Map)
Phone: 860-547-5000
Fax: 860-547-2680
Rankings
  • #389 in FT Global 500
  • #287 in FORTUNE 500
  • S&P 500
The Hartford Financial Services buck makes bucks by offering a variety of personal and commercial insurance products, including homeowners, auto, and workers' compensation. Through its Hartford Life subsidiary, the company offers individual and group life insurance, annuities, asset management, retirement plans, and mutual funds (managed both in-house and by other groups including Wellington Management). Its property/casualty operations include both personal and business coverage, including specialty commercial coverage for large companies. The Hartford, in business since 1810, sells its products through about 11,000 independent agencies and more than 100,000 registered broker-dealers. To read the full description, subscribe now.
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Key The Hartford Financial Services Group, Inc. Financials

Company TypePublic - NYSE: HIG

Headquarters
Fiscal Year-EndDecember
2008 Sales (mil.)$9,219.0
2008 Employees31,000

The Hartford Financial Services Group, Inc. Executives

55 executives listed for The Hartford Financial Services Group, Inc.'s Hartford, CT location.
TitleName & BioContact
Chairman and CEO; Chairman, Hartford LifeRamani AyerNetwork
EVP and CFOLizabeth ZlatkusNetwork
SVP and CIOBrian O'ConnellNetwork

Competition

Competitive Landscape for The Hartford Financial Services Group, Inc.
Demand for health insurance products is driven by the rising costs of medical care. The profitability of individual companies depends on efficient operations and the ability to negotiate favorable contracts with healthcare providers. Large companies and organizations have advantages in negotiating contracts with healthcare providers. Small companies can compete successfully by providing special coverage plans as part of government programs such as Medicaid, or for specialized populations. The industry is highly automated and capital-intensive: annual revenue per employee is close to $1 million. Reforming the US healthcare industry continues to be a top agenda item in Washington, but a consensus on the best way to reduce healthcare spending has yet to be reached. The managed healthcare industry will most certainly be impacted by any changes initiated by federal legislators. To read the full description, subscribe now.
Top The Hartford Financial Services Group, Inc. Competitors
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