Hartford Business Journal

18 Hartford Business Journal • February 4, 2019 • www.HartfordBusiness.com Movers & Shakers Dallas C. Dodge has joined Hartford lobbying and government relations firm Roy & Leroy as a partner. Dodge was previously vice president and counsel at the Insurance Association of Connecticut, where he was one of the chief lobbyists for Connecticut's insurance and financial services industry. Robert Belitz was promoted to president and chief executive officer at Tighe & Bond, a regional employee- owned engineering and environmental consulting firm. Belitz has more than 25 years of experience in the industry. He joined Tighe & Bond more than four years ago as the firm's chief financial officer. Hooker & Holcombe, a West Hartford- based actuarial, investment advisory and retirement plan consulting firm, made two hires to expand its investment advisory group. Pam Minish joined the firm as managing director. She will be responsible for managing client relationships and projects within the sales and management areas of the firm. Brenda Bachman is now retirement plan education specialist at Hooker & Holcombe. She is in charge of developing a comprehensive portfolio of retirement education and financial wellness programs for the firm's institutional clients and their participants. Steven Ryder has joined Farmington biotechnology company Rallybio LLC. Ryder is an experienced research and development executive. At Rallybio, he will help expand the company's drug acquisition and development capabilities. Law firm Murtha Cullina LLP has added three new partners and one new counsel. Attorneys Patricia L. Boye- Williams, Marilyn B. Fagelson and Kristen L. Zaehringer are now partners at the firm. Catherine A. Cuggino has become counsel. The Hartford Foundation for Public Giving has appointed three new members to its board of directors. Estela López is a recently retired interim provost and senior vice president for academic and student affairs for the Connecticut State Colleges and Universities System. I. Charles Mathews is a retired attorney who ran a consulting firm specializing in employment and discrimination law. Mark Overmyer-Velázquez is a professor of Latin studies and campus director at the University of Connecticut- Hartford. Michael G. Vought has been promoted to president of primary casualty and Tiffany Y. Fann was promoted to senior vice president and head of excess casualty at IFG Cos., an insurance company with a branch in Hartford. Vought joined IFG in 2014 and previously worked as managing director and product line leader for primary and excess casualty at Markel. Fann also started working at IFG in 2014 when she established and managed the Atlanta branch for IFG's excess casualty unit. Kaestle Boos Associates Inc., a New Britain-based architectural firm, announced the promotions of four employees. Architect Luke McCoy, a landscape architect, was promoted from associate principal to principal. Gregory Joynt, David McKinley and Brennan White were all promoted to associates. Dallas C. Dodge Pam Minish Robert Belitz Patricia L. Boye-Williams Kristen L. Zaehringer Marilyn B. Fagelson Catherine A. Cuggino Corporate Profile Hartford Financial Services Group Inc. 1 Hartford Plaza, Hartford CT, 06155 | thehartford.com The Hartford Financial Services Group Inc. provides insurance and financial services to individual and busi- ness customers in the United States. 2015 2016 2017 -$5,000 $0 $5,000 $10,000 $15,000 $20,000 In millions of dollars Profits Revenues Losses $1.7B $896M -$3.1B $15.9B $16.1B $16.9B News Headlines ■ ■ The Vermont Supreme Court recently ruled a business unit of The Hartford must indemnify a chocolate company that fell victim to a phishing scheme, according to Business Insurance. ■ ■ In January, The Hartford's Chairman and CEO Chris Swift bought 11,423 shares of the company at an average price of $43.73 a share. The total cost of this purchase was $499,528, according to Barron's. ■ ■ In December, The Hartford acquired a Unionville-based startup — Y-Risk — that helps insurers price policies for the "sharing and on-demand economy," targeting platforms like Airbnb, Uber and Lyft. Corporate suite Stock Non-equity Exec. Salary Bonus Awards Incentive Total Christopher Swift Chairman/CEO $1,100,000 $0 $3,472,500 $4,675,000 $13,115,285 Beth Bombara EVP/CFO $700,000 $0 $810,250 $1,900,000 $4,385,030 Douglas Elliot President $925,000 $0 $2,315,000 $3,150,000 $8,973,264 Profits and Revenues Fact box Industry: Insurance 3Q 2018 Revenue: $4.8B 3Q 2018 Net Income: $432M 3Q 2017 Net Income: $234M Quarterly Profit Change: $198M Cash: $102M Employees: 16,400 Competitors: Zurich American Insurance Co. The Travelers Cos. State Farm Stock watch Ticker Symbol HIG Market Cap $16B 52 Week Range Price $40.54–$59.20 Outstanding Shares 358.74M Top institutional investors Shares % Stake Vanguard Group Inc. 37,098,691 10.35 Blackrock Inc. 30,177,408 8.42 JP Morgan Chase & Co. 24,742,533 6.9 Christopher Swift, Chairman and CEO

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