The Hartford Financial Services Group, Inc., usually known as The Hartford, is a United States-based investment and insurance company that is part of the Fortune 500 list. Headquartered in Hartford, Connecticut, The Hartford's 2013 revenues were $26.2 billion. The company’s earnings are divided between property-and-casualty operations, group benefits and mutual funds.
The Hartford is the 12th-largest property & casualty company in the United States, The Hartford sells its products primarily through a network of agents and brokers, and has been the direct auto and home insurance writer for members of AARP(formerly the American Association of Retired Persons) for more than 25 years.
The company's product offerings include:
- Auto and homeowners' insurance
- Business insurance, including workers' compensation, auto, property, general and professional liability
- Employee benefits, including disability, life & accident and retiree health
- Mutual funds (sub-advised by Wellington Management)
The Hartford was founded in 1810 in Hartford, Connecticut. A group of local merchants gathered in a Hartford inn and, with working capital of $15,000, founded the Hartford Fire Insurance Company. The company survived some of the greatest peacetime tragedies in America’s history. After a huge fire destroyed New York’s financial district in 1835, The Hartford’s president, Eliphalet Terry, used his personal wealth to cover all of the company’s damage claims. Other catastrophic events included the Chicago fire of 1871 and the 1906 San Francisco earthquake and fire.