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Corporation
FINANCE | Insurance / Property & Casualty
thehartford.com

Investments

26

Portfolio Exits

6

Partners & Customers

3

About The Hartford

The Hartford focuses on providing insurance solutions, operating within the insurance industry. The company offers a range of insurance products including car, home, and business insurance, as well as employee benefits. These products are designed to provide financial protection and support for individuals and businesses in the event of unexpected circumstances. It was founded in 1810 and is based in Hartford, Connecticut.

Headquarters Location

690 Asylum Avenue

Hartford, Connecticut, 06155,

United States

860-547-5000

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Research containing The Hartford

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned The Hartford in 1 CB Insights research brief, most recently on Feb 29, 2024.

Latest The Hartford News

Guaranteed Auto Protection Insurance Market Doubtless To Enhance Future Progress with GEICO, Allstate, AXA Group

Aug 5, 2024

News Provided By Share This Article Guaranteed Auto Protection Insurance Market According to HTF Market Intelligence, the Guaranteed Auto Protection Insurance Market is expected to register a CAGR of 7% during the forecast period. Stay up-to-date with Global Guaranteed Auto Protection Insurance Market Research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth.” — Nidhi Bhawsar PUNE, MAHARASHTRA, INDIA, August 5, 2024 / EINPresswire.com / -- HTF Market Intelligence recently released a survey document on Guaranteed Auto Protection Insurance Market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Guaranteed Auto Protection Insurance market. Some of the companies listed in the study from the complete survey list are Allstate Corporation (United States), State Farm Mutual Automobile Insurance Company (United States), Progressive Corporation (United States), Farmers Insurance Group (United States), GEICO (Government Employees Insurance Company) (United States), Nationwide Mutual Insurance Company (United States), Zurich Insurance Group (Switzerland), AXA Group (France), The Hartford Financial Services Group, Inc. (United States), American Family Insurance (United States). Get inside Scoop of Guaranteed Auto Protection Insurance Market @ https://www.htfmarketintelligence.com/sample-report/global-guaranteed-auto-protection-insurance-market?utm_source=Krati_EINnews&utm_id=Krati Definition: Guaranteed Auto Protection Insurance (GAP insurance) is a type of insurance designed to cover the difference between what you owe on your auto loan or lease and the actual cash value (ACV) of your vehicle if it is totaled or stolen. Market Drivers: Growing demand for auto loans and leases Market Opportunities: Development of customized GAP insurance products for various customer segments Market Restraints: Ensuring customer understanding and transparency of GAP coverage Market Leaders & Development Strategies: In the Guaranteed Auto Protection Insurance market, there is a combination of well-known insurers and specialized financial service companies. Top companies like Allstate Insurance Company and Progressive Corporation provide strong GAP insurance products through large networks of agents and brokers. Other notable players are National General Insurance and The Hartford Financial Services Group, recognized for their wide range of coverage options and focus on customer satisfaction Get Complete Scope of Work @ https://www.htfmarketintelligence.com/report/global-guaranteed-auto-protection-insurance-market The titled segments and sub-section of the market are illuminated below: In-depth analysis of Guaranteed Auto Protection Insurance market segments by Types: Return-to-invoice gap insurance, Finance GAP insurance, Vehicle replacement GAP insurance, Return-to-value GAP insurance, Others Detailed analysis of Guaranteed Auto Protection Insurance market segments by Applications: Passenger vehicle, Commercial vehicle, Others Major Key Players of the Market: Allstate Corporation (United States), State Farm Mutual Automobile Insurance Company (United States), Progressive Corporation (United States), Farmers Insurance Group (United States), GEICO (Government Employees Insurance Company) (United States), Nationwide Mutual Insurance Company (United States), Zurich Insurance Group (Switzerland), AXA Group (France), The Hartford Financial Services Group, Inc. (United States), American Family Insurance (United States) Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions: • The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.) • North America (United States, Mexico & Canada) • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.) • Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.) • Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia). Objectives of the Report: • -To carefully analyse and forecast the size of the Guaranteed Auto Protection Insurance market by value and volume. • -To estimate the market shares of major segments of the Guaranteed Auto Protection Insurance market. • -To showcase the development of the Guaranteed Auto Protection Insurance market in different parts of the world. • -To analyse and study micro-markets in terms of their contributions to the Guaranteed Auto Protection Insurance market, their prospects, and individual growth trends. • -To offer precise and useful details about factors affecting the growth of the Guaranteed Auto Protection Insurance market. • -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Guaranteed Auto Protection Insurance market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches. The Guaranteed Auto Protection Insurance Market is segmented by Application (Passenger vehicle, Commercial vehicle, Others) by Type (Return-to-invoice gap insurance, Finance GAP insurance, Vehicle replacement GAP insurance, Return-to-value GAP insurance, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). – Detailed consideration of Guaranteed Auto Protection Insurance market-particular drivers, Trends, constraints, Restraints, Opportunities, and major micro markets. – Comprehensive valuation of all prospects and threats in the – In-depth study of industry strategies for growth of the Guaranteed Auto Protection Insurance market-leading players. – Guaranteed Auto Protection Insurance market latest innovations and major procedures. – Favourable dip inside Vigorous high-tech and market latest trends remarkable the Market. – Conclusive study about the growth conspiracy of Guaranteed Auto Protection Insurance market for forthcoming years. Major highlights from Table of Contents: Guaranteed Auto Protection Insurance Market Study Coverage: • It includes major manufacturers, emerging player’s growth story, and major business segments of Guaranteed Auto Protection Insurance market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology. • Guaranteed Auto Protection Insurance Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators. • Guaranteed Auto Protection Insurance Market Production by Region Guaranteed Auto Protection Insurance Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors. Key Points Covered in Guaranteed Auto Protection Insurance Market Report: • Guaranteed Auto Protection Insurance Overview, Definition and Classification Market drivers and barriers • Guaranteed Auto Protection Insurance Market Competition by Manufacturers • Guaranteed Auto Protection Insurance Capacity, Production, Revenue (Value) by Region (2023-2029) • Guaranteed Auto Protection Insurance Supply (Production), Consumption, Export, Import by Region (2023-2029) • Guaranteed Auto Protection Insurance Production, Revenue (Value), Price Trend by Type {Return-to-invoice gap insurance, Finance GAP insurance, Vehicle replacement GAP insurance, Return-to-value GAP insurance, Others} • Guaranteed Auto Protection Insurance Market Analysis by Application {Passenger vehicle, Commercial vehicle, Others} • Guaranteed Auto Protection Insurance Manufacturers Profiles/Analysis Guaranteed Auto Protection Insurance Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing • Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis. Major questions answered: • What are influencing factors driving the demand for Guaranteed Auto Protection Insurance near future? • What is the impact analysis of various factors in the Global Guaranteed Auto Protection Insurance market growth? • What are the recent trends in the regional market and how successful they are? • How feasible is Guaranteed Auto Protection Insurance market for long-term investment? Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, MINT, BRICS, G7, Western / Eastern Europe, or Southeast Asia. Also, we can serve you with customized research services as HTF MI holds a database repository that includes public organizations and Millions of Privately held companies with expertise across various Industry domains. Nidhi Bhawsar

The Hartford Investments

26 Investments

The Hartford has made 26 investments. Their latest investment was in Summit Adaptive Sports as part of their Grant on June 09, 2024.

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The Hartford Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/9/2024

Grant

Summit Adaptive Sports

$0.05M

Yes

2

6/3/2024

Grant - II

Achieve Tahoe

$0.05M

Yes

1

5/17/2024

Grant

Adaptive Expeditions

$0.05M

Yes

2

5/9/2024

Grant - II

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$XXM

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10

4/23/2024

Grant - II

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$XXM

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10

Date

6/9/2024

6/3/2024

5/17/2024

5/9/2024

4/23/2024

Round

Grant

Grant - II

Grant

Grant - II

Grant - II

Company

Summit Adaptive Sports

Achieve Tahoe

Adaptive Expeditions

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Amount

$0.05M

$0.05M

$0.05M

$XXM

$XXM

New?

Yes

Yes

Yes

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Co-Investors

Sources

2

1

2

10

10

The Hartford Portfolio Exits

6 Portfolio Exits

The Hartford has 6 portfolio exits. Their latest portfolio exit was Navigators Group on December 30, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/30/2021

Acquired

$XXM

2

10/6/2021

Acquired

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$XXM

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10

1/7/2021

Acq - Fin

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$XXM

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10

12/6/2017

Divestiture

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$XXM

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10

7/27/2016

Divestiture

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$XXM

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10

Date

12/30/2021

10/6/2021

1/7/2021

12/6/2017

7/27/2016

Exit

Acquired

Acquired

Acq - Fin

Divestiture

Divestiture

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Acquirer

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Sources

2

10

10

10

10

The Hartford Acquisitions

7 Acquisitions

The Hartford acquired 7 companies. Their latest acquisition was Navigators Group on May 23, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

5/23/2019

$XXM

Acq - P2P

6

12/3/2018

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$XXM

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10

2/21/2018

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$XXM

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10

10/23/2017

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$XXM

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10

3/16/2016

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$XXM

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10

Date

5/23/2019

12/3/2018

2/21/2018

10/23/2017

3/16/2016

Investment Stage

Companies

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Valuation

$XXM

$XXM

$XXM

$XXM

$XXM

Total Funding

Note

Acq - P2P

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Sources

6

10

10

10

10

The Hartford Partners & Customers

3 Partners and customers

The Hartford has 3 strategic partners and customers. The Hartford recently partnered with Swiss Re on February 2, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

2/15/2022

Partner

Switzerland

1

1/28/2021

Vendor

United Kingdom

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10

4/1/2019

Partner

United States

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0

Date

2/15/2022

1/28/2021

4/1/2019

Type

Partner

Vendor

Partner

Business Partner

Country

Switzerland

United Kingdom

United States

News Snippet

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Sources

1

10

0

Compare The Hartford to Competitors

L
Liberty Mutual Insurance

Liberty Mutual Insurance specializes in property and casualty insurance, providing a wide range of personal and commercial insurance products. The company offers insurance coverage for vehicles, homes, businesses, and lives, as well as protection against identity theft and for pets. Liberty Mutual Insurance primarily serves individual consumers and businesses across various industries with their insurance needs. Liberty Mutual Insurance was formerly known as Massachusetts Employees Insurance Association. It was founded in 1912 and is based in Boston, Massachusetts.

S
State Farm Insurance

State Farm Insurance specializes in providing a wide range of insurance and financial services. The company offers insurance coverage for vehicles, properties, life, and health, as well as banking, investment, and retirement planning solutions. State Farm Insurance primarily serves individual consumers and businesses seeking insurance and financial products. It was founded in 1922 and is based in Bloomington, Illinois.

N
Nationwide Mutual Insurance Company

Nationwide Mutual Insurance Company operates as a diversified insurance and financial services organization. The company offers a range of insurance products including vehicle, property, personal, and business insurance, as well as financial services such as retirement plans, annuities, and mutual funds. Nationwide primarily serves individuals and businesses seeking insurance and financial planning solutions. Nationwide Mutual Insurance Company was formerly known as Farm Bureau Mutual Automobile Insurance Company. It was founded in 1926 and is based in Columbus, Ohio.

F
Frontline Insurance

Frontline Insurance focuses on providing insurance services, specifically in the home and commercial property insurance sector. The company offers a range of insurance policies to cover home, liability, and property needs, providing protection for homeowners and commercial properties. It primarily serves the insurance industry, with a focus on coastal homeowners. It was founded in 1998 and is based in Lake Mary, Florida.

A
American Family Insurance

American Family Insurance (AMFAM) specializes in a range of insurance products. It offers insurance coverage options for vehicles, homes, lives, and businesses, and provides protection and financial security for its clients. Its primary customer segments include individuals and businesses seeking insurance solutions. It was founded in 1927 and is based in Madison, Wisconsin.

A
AmTrust Financial Services

AmTrust Financial Services is a multinational property and casualty insurance company with a focus on small commercial business insurance, specialty risk and extended warranty, and specialty middle-market property and casualty program insurance. The company offers a range of insurance products including workers' compensation, businessowners policy, commercial package, cyber insurance, and general liability. AmTrust serves various industries such as auto repair, contractors, financial institutions, healthcare, and retail, among others. It was founded in 1998 and is based in New York, New York.

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