Latest news with #TheHartford
Business Wire
2 days ago
- Business
- Business Wire
The Hartford Appoints Thomas Bartlett To Its Board Of Directors
HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford has appointed Thomas Bartlett to the company's board of directors, effective July 1, 2025. He will serve on the board's Finance, Investment and Risk Management Committee as well as the Audit Committee. 'Tom brings the perspective of a former CEO who has overseen a multi-national company in a highly regulated industry,' said The Hartford's Chairman and CEO Christopher Swift. 'His depth of C-suite experience, as well as financial and operational leadership, are strategic complements to the board. We look forward to Tom joining the board as we continue to drive shareholder growth through innovation and customer centricity.' Bartlett served as CEO and president of American Tower Corp., one of the largest global real estate investment trusts (REITs), from 2020 through 2024, and was previously chief financial officer of the company for 11 years. Before American Tower, Bartlett served in roles of increasing responsibility during a 25-year tenure with Verizon Communications, Inc, including president and CEO of Bell Atlantic International Wireless, CEO of Iusacell, a nationwide cellular company in Mexico, and CEO of Verizon's Global Solutions Inc. He also served as controller and treasurer of Verizon Communications. Bartlett started his career as an analyst and certified public accountant with Deloitte LLP. Bartlett earned a bachelor's degree in industrial engineering from Lehigh University and a master's of business administration in professional accounting from Rutgers University. He also serves on the boards of Otis Worldwide and EXL Service. About The Hartford The Hartford is a leader in property and casualty insurance, employee benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at The Hartford Insurance Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford's legal notice. HIG-C Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2024 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued. From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the 'Email Alerts' section at
Yahoo
02-06-2025
- Business
- Yahoo
The Hartford Partners With Nayya to Streamline Benefits Experience
The Hartford Insurance Group, Inc. HIG recently teamed up with Nayya, an AI-driven benefits engagement platform, to provide a personalized enrollment experience to the former's Employee Benefits clients. This solution can be integrated with other prominent HR technology systems, providing employers with a more tailored and intuitive benefits enrollment process for their employees. Providing benefits tailored to each individual's specific needs is expected to improve the enrollment experience. An in-depth understanding of benefits options is made easier by Nayya, which is built with a human-centered design approach, crafted by benefits professionals and HR specialists. The solution leverages employee data to deliver personalized recommendations, simplifies benefits selection with plan cost comparisons and provide clear explanations behind each recommendation. Therefore, the recent move seems to be a time opportune one since employers increasingly require advanced tools to enable employees navigate benefits options seamlessly according to The Hartford's annual Future of Benefits survey. An enhanced benefits utilization not only supports employee satisfaction but also contributes to higher workforce retention rates. The collaboration with Nayya reflects The Hartford's continued investment in upgrading HR technology, aimed at elevating the overall benefits experience. A simplified claims processing procedure may result in a higher degree of customer satisfaction and improved retention rates. As a result of the extensive benefits offered by the Nayya solution, more people may opt for HIG's Employee Benefit plans, which will fetch higher premiums for the insurer. The Employee Benefits segment offers group life, disability and various other group insurance coverages to members of employer groups, associations and affinity organizations via direct insurance policies, and also provides reinsurance services to other insurance providers. The unit's earned premiums grew 2% year over year in the first quarter of 2025 on the back of new business growth, strong persistency rates and exposure growth on existing accounts. Also, teaming up with a digital platform like Nayya reflects The Hartford's endeavor to be in sync with the ongoing trend of digitization across every sphere of life. Shares of The Hartford have gained 27.8% in the past year compared with the industry's 26.4% growth. HIG currently carries a Zacks Rank #3 (Hold). Image Source: Zacks Investment Research Some better-ranked stocks in the insurance space are Horace Mann Educators Corporation HMN, HCI Group, Inc. HCI and Kemper Corporation KMPR. While Horace Mann sports a Zacks Rank #1 (Strong Buy), HCI Group and Kemper carry a Zacks Rank #2 (Buy) at present. You can see the complete list of today's Zacks #1 Rank stocks here. Horace Mann's earnings surpassed estimates in three of the last four quarters and matched the mark once, the average surprise being 24.09%. The Zacks Consensus Estimate for HMN's 2025 earnings implies an improvement of 26.1% from the year-ago reported figure, while the same for revenues suggests growth of 6.6%. The consensus mark for HMN's 2025 earnings has moved 5.5% north in the past 30 days. The bottom line of HCI Group outpaced earnings estimates in each of the last four quarters, the average surprise being 42.13%. The Zacks Consensus Estimate for HCI's 2025 earnings is pegged at $15.54 per share, which has more than doubled from the year-ago reported figure. The same for revenues implies growth of 18.4% from the prior-year reported figure. The consensus mark for HCI's 2025 earnings has moved 3.7% north in the past 30 days. Kemper's earnings surpassed estimates in each of the last four quarters, the average surprise being 21.11%. The Zacks Consensus Estimate for KMPR's 2025 earnings indicates an improvement of 7.6% from the year-ago reported figure, while the same for revenues implies growth of 7.5%. The consensus mark for KMPR's 2025 earnings has moved 5.1% north in the past 30 days. Shares of Horace Mann, HCI Group and Kemper have gained 28.2%, 75.5% and 8%, respectively, in the past year. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Hartford Insurance Group, Inc. (HIG) : Free Stock Analysis Report HCI Group, Inc. (HCI) : Free Stock Analysis Report Kemper Corporation (KMPR) : Free Stock Analysis Report Horace Mann Educators Corporation (HMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Business Wire
29-05-2025
- Business
- Business Wire
The Hartford And Nayya Announce Integrated Human Resources Technologies To Personalize And Simplify Benefits Experiences
HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford 's Employee Benefits' customers will soon have access to customized recommendations during enrollment, powered by Nayya's AI-driven benefits experience platform. The Hartford will deliver Nayya as a solution that integrates with other leading HR technology platforms, offering its employer-customers an enhanced personalized benefits-enrollment experience for their employees. 'We are dedicated to enhancing the enrollment process for our customers in innovative ways, with customized product offerings that address the unique needs of each individual,' said Mike Fish, head of Employee Benefits at The Hartford. 'Boosting benefits utilization can enhance employee satisfaction and in turn help employers retain their workers. The HR and benefits technology platforms integration that we will be offering with Nayya is intended to assist our customers' employees in better protecting their health, wealth, and families.' Research from The Hartford's annual Future of Benefits survey indicates that companies need better resources like Nayya to help employees understand their benefits. The tool has the capability of analyzing employee-provided data and offers tailored recommendations that help simplify the benefits decision-making process. It gives cost comparisons across different plans and detailed explanations of why specific plans and benefits are recommended. Nayya Chief Revenue Officer, George Michaels, said, 'The Nayya platform is an example of human-centric design, developed by benefits administrators and HR experts, and made to integrate seamlessly with all top benefits platforms. Embedded directly into an employer's enrollment experience, Nayya helps employees understand and utilize their benefits through a user-friendly approach, fostering greater employee engagement and satisfaction.' This offering is a key part of The Hartford's strategic, multi-year investment in human-resources technology, which aims to improve the entire benefits experience and make it easier to manage workplace productivity and well-being. To further educate customers and employers about the details of the Nayya platform and The Hartford, a webinar entitled AI-Powered Decision Support: Elevating Benefits Enrollment will be held on June 12, 2025, at 1 p.m. ET. Those interested in learning more can register here. About The Hartford The Hartford is a leading provider of employee benefits products and services, including leave management, group life and disability insurance, as well as other voluntary products. For more information, visit The Hartford Insurance Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford's legal notice. About Nayya Founded in 2019, Nayya is on a mission to connect people's most important information, so they can thrive in their health and wealth. Powered by AI, Nayya's platform transforms complex benefits experiences into intuitive, seamless, and ongoing interactions—meeting people's real-world needs. As a trusted platform to leading employers, Nayya unlocks long-term value through helping employees live more resilient lives. Backed by ICONIQ, Felicis Ventures, Workday Ventures, MetLife Ventures, and ADP Ventures, Nayya is ushering in the future of health and wealth for all. Learn more at HIG-E Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2024 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued. From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the 'Email Alerts' section at
Associated Press
01-05-2025
- Health
- Associated Press
The Hartford's New Research Finds Continued Need Among Gen Z Workers For Mental Health Care
HARTFORD, Conn.--(BUSINESS WIRE)--May 1, 2025-- The Hartford, a leading provider of employee benefits and workers' compensation, announced key mental health findings from its annual research shows the ongoing mental health crisis continues to disproportionately affect the youngest generation in the workplace – Generation Z. The Hartford's 2025 Future of Benefits Study 1 found 40% of Gen Z workers feel depressed or anxious at least a few times per week and 46% say stigma prevents them from seeking mental health care. These findings were slightly lower than last year's results – 45% and 52%, respectively – but continue to be higher than other generations in the U.S. workforce. 'The need for employers to prioritize mental health – especially for Gen Z employees – has never been greater,' said The Hartford's Chairman and CEO Christopher Swift. 'By fostering a supportive work environment, we not only help them thrive but also create a culture of empathy and understanding that benefits all generations. When we invest in the well-being of our employees, we pave the way for a more resilient and healthier workplace.' In the national survey of U.S. employers and workers, more than half of working Americans (60%) would like their employer to provide more mental health resources. In addition, they said employers can improve resilience among employees by providing: More than half of employers (64%) say they would like to provide more mental health resources but do not have the budget. To help fill that gap, The Hartford is providing free mental health education and support for U.S. employers and employees with the help of these leaders in the national mental health movement: The Hartford and NAMI created a digital guide that outlines how to support someone experiencing a mental health crisis at work. The free resource includes how to spot the warning signs of someone struggling with a mental health condition, when to call 988 instead of 911, and how to support someone returning to work following a crisis. With The Hartford's support, Active Minds produced a podcast series and this guide for young adults joining the workforce. Also, thanks to The Hartford, Active Minds is taking its interactive exhibit called Send Silence Packing® to 60-80 colleges and communities this year, reaching more than half a million youth and young adults in the country. Additionally, The Hartford is collaborating with the Milken Institute on a two-year project about re-defining resiliency and leadership that will produce resources to reinforce whole-person health, adaptability and innovation in the workplace. 'We urge all employers to take proactive steps to dismantle stigma, increase mental health awareness, and provide additional support as part of a collective community response to the mental health crisis,' Swift added. 'Together, we can foster hope and improve lives.' The full report of The Hartford's 2025 Future of Benefits Study will be released in June. About The Hartford The Hartford is a leader in property and casualty insurance, employee benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at The Hartford Insurance Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford's legal notice. HIG-C Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2024 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued. From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the 'Email Alerts' section at View source version on CONTACT: Media: Kelly J. Carter 860-547-2122 [email protected] KEYWORD: UNITED STATES NORTH AMERICA CONNECTICUT INDUSTRY KEYWORD: OTHER PHILANTHROPY INSURANCE HUMAN RESOURCES FINANCE HEALTH MENTAL HEALTH PROFESSIONAL SERVICES PHILANTHROPY SOURCE: The Hartford Copyright Business Wire 2025. PUB: 05/01/2025 07:43 AM/DISC: 05/01/2025 07:43 AM
Yahoo
01-04-2025
- Business
- Yahoo
The Hartford reshuffles tech leadership team to drive AI, cloud strategy
This story was originally published on CIO Dive. To receive daily news and insights, subscribe to our free daily CIO Dive newsletter. The Hartford Insurance Group restructured its technology leadership team Monday, placing two executives in key roles to drive an ongoing modernization push. The company elevated Shekar Pannala to CIO and Jeffery Hawkins to chief data, AI and operations officer, according to the announcement on Monday. Pannala joined The Hartford in 2023 as CIO for the property and casualty division following five years with Chubb, where he rose to global CIO. The company recruited Hawkins the same year from CVS Health, where he served as CIO of retail, pharmacy and care delivery for two years. Both executives will report to the company's Chairman and CEO Christopher Swift, effective immediately. Chief Information and Operations Officer Deepa Soni, who was appointed to that role a year ago, resigned to pursue outside opportunities, the company said. The executive appointments underscore The Hartford's investments in digital transformation and reflect a broader shift among industry leaders to leverage generative AI technologies. 'The transformational work we have done over the last five years has put us in a strong position to accelerate our market-leading competitive advantage, driven by technology, data science and an experienced workforce,' Swift said in January during The Hartford's Q4 2024 earnings call. Legacy insurers such as The Hartford, which dates its origins back over two centuries, leaned on cloud platforms to cut through technical debt, boost analytics capabilities and improve underwriting. As generative AI adoption gained traction, a number of The Hartford's peers took steps to reinforce tech leadership, too. Earlier this month, MetLife onboarded EVP and Global CIO Nick Nadgauda, who previously spent two decades at Citi. The appointment was announced shortly after the company launched its five-year New Frontier initiative last December to accelerate growth globally using AI and digitization. Northwestern Mutual moved its EVP and CIO Jeff Sippel into the chief strategy officer role, concurrently elevating Christian Mitchell to chief digital and information officer charged with AI, data engineering, infrastructure and cybersecurity strategy last summer. American International Group's foray into AI-assisted underwriting was preceded by hefty investments in foundational technologies and the appointment of CIO Roshan Navagamuwa to oversee cloud, cyber and modernization strategy last year. The company spent more than $1 billion to modernize its data systems over the last six years, Chairman and CEO Peter Zaffino said during a November earnings call. The Hartford reconfigured its executive structure last year when it united operations and technology functions under Soni's leadership. Soni oversaw the company's technology transformation, which encompassed migration to cloud-based digital platforms and adoption of AI-based automation. 'We have invested aggressively in technology – expanding digital capabilities, simplifying processes and platforms and applying data, analytics and artificial intelligence to enhance products, services and customer experience across the enterprise,' Swift said when the change was announced last March. Sign in to access your portfolio
