BY HENNA MARIYA

ABOUT THE COMPANY

Hartford financial services group inc.,incorporated on December 9, 1985, is an insurance and financial services company.
The company is a provider of investment products and life, property, and casualty insurance to both individual and business customers in the united states of America. The company maintains a retail mutual fund operation, provides investment management and administrative services.

It is a Fortune 500 company and one of Americas largest investment and insurance companies. The Hartford's 2012 revenues were $26.4 billion. The companys earnings are divided between property-andcasualty operations and life operations. The Company operates in three segments: Commercial Markets, Consumer Markets, Wealth Management.

HISTORY

The Hartford was originally founded in 1810 in Hartford, Connecticut. A group of local merchants gathered in a Hartford in and, with working capital of $15,000, founded the Hartford Fire Insurance Company.

In 1913, the company formed The Hartford Accident and Indemnity Company to provide a wide variety of insurance coverage.

PRODUCTS

The Commercial Markets division is organized into two segments:

Property and Casualty Commercial, Group Benefits.

Property & Casualty Commercial provides workers compensation, property, automobile, liability and umbrella coverages under several different products, throughout the United States.

Group Benefits provides group life, accident and disability coverage, group retiree health and voluntary benefits to individual members of employer groups, associations, affinity groups and financial institutions. Group Benefits offers disability underwriting, administration, claims processing and reinsurance to other insurers and self-funded employer plans.

GEOGRAPHICAL PRESENCE

Canada Japan Brazil

Ireland
United Kingdom

ACQUISITIONS

In 1959, the Co acquire The Columbian National Life Insurance Company in Boston, Massachusetts.
In 1970, The Hartford was acquired by ITT Corporation at the time the largest corporate takeover in American history. The combined company was renamed ITT-Hartford Group, Inc. In 1998, the company changed its name from ITT-Hartford Group, Inc. to The Hartford Financial Services Group, Inc.

In 2004, The Hartford purchased the Group Benefits Division of CNA Financial. The division was based in Chicago, Illinois

KEY PEOPLE

Liam E. McGee, Chairman, President and Chief Executive Officer

COMPETITORS

American International Group, Inc.

Berkshire Hathaway Inc. Liberty Mutual Holding Company Inc.

MILESTONES

Celebrates its 10-year anniversary as a publicly traded company on the New York Stock Exchange. The Hartford regained its independence one decade ago, on December 20, 1995, and began trading on the NYSE under the "HIG" symbol after former parent company ITT Corp. ended 25 years of ownership.

CSR

Social Responsibility

The Co. have the utmost respect for the people they insure and guide financially. They go to great lengths to meet the career and personal needs of their employees. And they value reaching out to others with a helping hand.

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