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4-Traders Homepage  >  Equities  >  Nyse  >  Hartford Financial Services Group Inc    HIG

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Hartford Financial Services Group Inc : The Hartford Names Lori High Chief Sales And Marketing Officer For Group Benefits

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03/04/2013 | 04:15pm CET

Today The Hartford named Lori High chief sales and marketing officer for Group Benefits. In this role, she will lead Group Benefits' sales, distribution, and marketing teams, reporting to Mike Concannon, executive vice president of The Hartford's Group Benefits business.

"Lori brings unique experience and knowledge that will be instrumental in developing strategies that drive profitable growth and enhance our position in an evolving marketplace," Concannon said. "She joins us at an exciting time as strong momentum has been building across the business."

High has more than 25 years of experience in the industry. Most recently, she was senior vice president, group insurance president at Prudential. She has held sales leadership positions at Blue Cross/Blue Shield, United Healthcare, and Aetna. She earned a bachelor's degree from Evangel University in Springfield, Mo., and a master's degree from Regent University in Chesapeake, Va.

The Hartford's Group Benefits business helps companies offer their employees ways to prepare for the unexpected. A market leader in providing employer-paid and voluntary life, disability and accident insurance, it also offers a range of absence management services. Ranked first in new accidental death & dismemberment sales, The Hartford ranks fourth in new combined fully insured disability and group life sales.1

The Hartford's Group Benefits also provides analytical and consumer education tools, along with enhanced service and administration capabilities focused on easing benefits administration for employers and helping to optimize enrollment results.

About The Hartford

With more than 200 years of expertise, The Hartford (NYSE:HIG) is a leader in property and casualty insurance, group benefits and mutual funds. The company is widely recognized for its excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at www.thehartford.com.

The Hartford® is The Hartford Financial Services Group, Inc. and its subsidiaries, including issuing companies Hartford Life Insurance Company and Hartford Life and Accident Insurance Company. Policies sold in New York are underwritten by Hartford Life Insurance Company. The headquarters of both companies is Simsbury, Conn.

HIG-M

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 Quarterly Reports on Form 10-Q, our 2012 Annual Report on Form 10-K 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.

1. LIMRA, Q3 2012 sales results.

The Hartford
Kelly J. Carter, 860-843-9420
kelly.carter@thehartford.com
or
Michelle Loxton, 860-547-7413
Michelle.loxton@thehartford.com


© Business Wire 2013
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Financials ($)
Sales 2016 18 528 M
EBIT 2016 1 260 M
Net income 2016 1 049 M
Debt 2016 -
Yield 2016 1,82%
P/E ratio 2016 18,59
P/E ratio 2017 11,78
Capi. / Sales 2016 0,99x
Capi. / Sales 2017 0,96x
Capitalization 18 256 M
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Mean consensus HOLD
Number of Analysts 17
Average target price 52,5 $
Spread / Average Target 8,5%
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NameTitle
Christopher J. Swift Chairman & Chief Executive Officer
Douglas G. Elliot President
William A. Bloom Executive Vice President-Operations & Technology
Beth Ann Bombara Chief Financial Officer & Executive Vice President
Michael G. Morris Independent Director
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