Founded in 1810 and headquartered in Hartford, CT, The Hartford Financial Services Group Inc. is one of the major multi-line insurance and investment companies in the country, providing investment products, group life and group disability insurance, property and casualty (P&C) insurance and mutual funds in the U.S.

Hartford Financial strives to improve its position as a market leader within the financial services industry in the United States, United Kingdom, continental Europe and other regions.

It sells various innovative products through multiple distribution channels to individuals and businesses and is considered a leading property and casualty and employee group benefits insurer. Also, the company’s commitment to boost investment in the energy transition will likely bring more environment-friendly energy investors onboard. Hartford Financial is expected to invest $2.5 billion in multiple sources that are advancing energy transition over the next five years. Betting for a future with sustainable energy bodes well for the company.

The company generated total revenues of $24.5 billion in 2023. It reports through the following segments:

The Commercial Lines segment (53% of the total revenue in 2023), formerly known as Property & Casualty Commercial offers workers’ compensation, property, automobile, liability, umbrella, marine and livestock coverages mainly in the United States. The segment also offers various customized insurance products and risk management services, including automobile, general liability, professional liability, bond and specialty casualty coverages.

The Personal Lines (14%), formerly known as the Consumer Markets segment offers automobile, homeowners and personal umbrella coverages to individuals across the United States, including a special program designed exclusively for members of AARP. The P&C Other Ops and corporate contributed negligible amount to total revenues. It has two other reporting segments, namely Group Benefits (28%) and Hartford Funds (4%).