Company Overview Visit thehartford.com website
Hartford Financial Services is a company that provides insurance services in the U.S. The second-largest property and casualty insurer in the nation, Hartford is headquartered in Connecticut. Hartford also has over 50 international offices located around the world, including cities such as Amsterdam, Beijing, Dublin, Hong Kong, Johannesburg, Paris and Tokyo.
Their products are divided into four categories: personal insurance coverage for individuals' homes or cars, group insurance which includes business owners who want to protect their employees with life insurance or disability coverage plans, annuities which are financial instruments designed to support retirement needs by converting savings into steady income streams and reinsurance which covers other insurers if their clients file large claims that affect an insurer's solvency.
The company's history dates back to 1810 when Alexander B. Backus and Henry Lee formed Backus-Lee Insurance. Ten years later, the company joined with Hartford Fire Insurance Company, which was founded in 1816, to become The Hartford Mutual Fire Insurance Company. The companies continued growing rapidly both domestically and abroad throughout the 20th century, becoming The Hartford Financial Services Group, Inc. in 1969 after a series of mergers and acquisitions with other insurance companies including First Connecticut General Corporation which formed following a merger between Connecticut General Corporation and Charter Oak Life Insurance Company in 1962.