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PROFESSIONAL SERVICES 82 | BOOK OF LISTS 2021 LARGEST INSURANCE COMPANIES IN GREATER HARTFORD (Ranked by number of local employees as of October, 2020) Largest insurance companies in Greater Hartford (Ranked by number of local employees as of October 2020) Rank Insurer Local employees/ U.S. employees Revenue FY 2019 Services and products offered Top local executive/ Year founded 1 The Travelers Cos. Inc. 1 Tower Square Hartford, CT 06183 860-277-0111; www.travelers.com 7,400 28,000 $32B Property and casualty insurer Alan D. Schnitzer Chairman & CEO 1864 2 The Hartford One Hartford Plaza Hartford, CT 06155 860-547-5000; www.thehartford.com 6,500 19,500 $20.7B Property and casualty insurance, group benefits and mutual funds Christopher J. Swift Chairman & CEO 1810 3 UnitedHealth Group (UnitedHealthcare) 185 Asylum St. Hartford, CT 06103 860-702-5000; www.uhc.com 5,573 320,000 DND Medicare, commercial and individual health plans Stephen Farrell CEO, UnitedHealthcare of New England 1974 4 Aetna Inc. (a) 151 Farmington Ave. Hartford, CT 06156 800-872-3862; www.aetna.com 5,260 51,576 (b) DND Traditional, voluntary and consumer-directed health insurance products and related services Karen Lynch (c) President, Aetna business unit & EVP, CVS Health 1853 5 Cigna Corp. 900 Cottage Grove Road Bloomfield, CT 06002 860-226-6000; www.cigna.com 4,520 70,000 (d) $140B Medical, dental, behavioral health, pharmacy, vision, supplemental benefits, plus group life, accident and disability insurance David M. Cordani President & CEO 1792 6 Voya Financial One Orange Way Windsor, CT 06095 855-663-8692; www.voya.com 1,812 6,129 $7.5B Retirement, investment management and employee benefits Rodney O. Martin Jr. Chairman & CEO IPO conducted in 2013 7 Anthem Blue Cross and Blue Shield 108 Leigus Road Wallingford, CT 06492 800-922-4670; www.anthem.com 1,534 78,235 $103.1B (e) Medical, dental, vision and pharmacy; life and disability offered by Anthem Life Insurance Company Lou Gianquinto (f) President 1936 8 Prudential Retirement 280 Trumbull St. Hartford, CT 06103 860-534-2000; www.prudential.com 1,268 16,922 $15.1 billion Delivers retirement plan solutions for public, private and nonprofit organizations, including record keeping, administrative services, investment management, trustee services and employee education Yanela Frias President Phil Waldeck President & CEO, Prudential Retirement 1875 9 ConnectiCare Inc. 175 Scott Swamp Road Farmington, CT 06032 860-674-5757; www.connecticare.com 668 668 $1.8B Medical and dental insurance products for businesses, municipalities, individuals and those Medicare eligible Eric Galvin President 1981 10 Hartford Steam Boiler Inspection and Insurance Co. 1 State St. Hartford, CT 06102 800-472-1866; www.hsb.com 558 (g) 1,600 DND Insurance, inspections, engineering-based risk management and IoT technology services Greg Barats President & CEO 1866 11 Liberty Mutual Insurance 95 Glastonbury Blvd., Suite 204 Glastonbury, CT 06033 860-659-4111; www.libertymutual.com 474 (h) 45,000 $43.2M Automobile, homeowners, accident, health, general liability, property, surety, workers compensation, group disability, group life, specialty, reinsurance, life and annuity products David H. Long CEO 1912 12 MetLife Inc. 1300 Hall Blvd. Bloomfield, CT 06002 860-656-3000; www.metlife.com 442 17,655 DND Life insurance, annuities, auto and home insurance, retail banking, financial services to individuals and groups Michel Khalaf President & CEO 1868 13 AXA XL, a division of AXA 100 Constitution Plaza Hartford, CT 06104 860-246-1863; www.axaxl.com 386 2,300 DND Property, casualty, professional, specialty (environmental, art, equine, space and aviation, marine, cyber), excess and surplus and reinsurance Brent Hoffman Global head of claims 1986 14 Nassau Financial Group (Nassau) 1 American Row Hartford, CT 06102 860-403-5000; www.nsre.com 300 700 1.75 billion Insurance, reinsurance, distribution and asset management Phillip J. Gass Chairman & CEO 1851 15 Allied World Assurance Company Holdings Ltd., a Fairfax company 1690 New Britain Ave., Suite 101 Farmington, CT 06032 860-284-1300; www.awac.com 275 857 $3.9B Professional liability, management liability, health care, directors and officers, property and casualty Kim Delaney Sr. VP & branch manager 2001 16 Travel Insured International, a Crum & Forster Co. 855 Winding Brook Drive Glastonbury, CT 06033 855-752-8303; www.travelinsured.com 147 158 DND Travel insurance Jonathan Gehris President & CEO 1994 17 Amica Mutual Insurance Co. 101 East River Drive, 5th Floor East Hartford, CT 06108 800-382-6422; www.amica.com 115 4,000 DND Auto, home, marine and personal umbrella insurance Derek J. Benoit Branch manager 1907 18 Vantis Life Insurance Co. 200 Day Hill Road Windsor, CT 06095 860-298-6000; www.vantislife.com 74 77 DND Life insurance and annuities Scott Smith President & COO 1942 19 IFG Companies 185 Asylum St., 7th Floor Hartford, CT 06103 860-723-4150; www.ifgcompanies.com 65 DND DND Property-casualty insurance on both an excess and surplus lines (non-admitted) basis and an admitted basis through our wholesale partners Christopher Lewis President & CEO 1985 20 Harvard Pilgrim Health Care (i) 185 Asylum St. Hartford, CT 06103 860-757-6900; www.harvardpilgrim.org 26 1,800 DND Health insurance Paul Bartosic Acting VP, CT market 1969 Sources: Each insurer via survey and website and PwC 2020 Connecticut insurance market brief. Notes: DND= Did not disclose. Massachusetts Mutual Life Insurance Co. (MassMutual), with 1,700 local employees reported in 2019, declined to participate in survey this year. (a) A CVS Health business. (b) With an additional 1,245 international employees. (c) Will succeed Larry J. Merlo as CEO of parent company CVS effective Feb. 1, 2021; Merlo plans to retire May 31, 2021. (d) Number for worldwide employees (e) $1.5B specific to CT. (f) Effective Nov. 30, 2020, succeeded Jill Rubin Hummel upon her retirement on Oct. 2, 2020. (g) As reported in PwC 2020 Connecticut insurance market brief. (h) Data from 2018. (i) Announced plans to merge with Boston, Mass.-based Tufts Health Plan in Aug. 2019, pending regulatory approvals. —Compiled by Heide Martin. The top executive of Hartford health insurer Aetna has been named the new CEO of parent company CVS Health Corp. Karen S. Lynch -- currently executive vice president of CVS Health and president of Aetna -- will become the company's next president and CEO, effective Feb. 1, 2021, replacing the retiring Larry J. Merlo. Health insurer Cigna Corp. made multiple local real estate moves in 2020, prior to the COVID-19 pandemic, that shifted more employees to its Bloomfield corporate headquarters. Cigna vacated 125,000 square feet at Windsor's 3 Waterside Crossing office building, and moved about 300 IT employees to its historic Wilde Building in Bloomfield. Cigna also leased 65,000 square feet in MetLife's Bloomfield office building, at 1300 Hall Blvd.