Issue link: https://nebusinessmedia.uberflip.com/i/479449
Book of Lists 2014 www.HartfordBusiness.com septemBer 22, 2014 • Hartford Business Journal 25 General Interest Largest insurance companies in the Hartford region (Ranked by number of local employees as of May 2014) Rank Company Local employees U.S. employees Total revenue FY 2013/ FY 2012 Services and products offered Top local executive(s) Year founded 1 The Travelers Cos. Inc. 1 Tower Sq. Hartford, CT 06183 860-277-0111; www.travelers.com 7,400 (1) 28,000 (1) $26,000,000,000 (2) $26,000,000,000 (2) Property and casualty insurer Brian MacLean President & COO 1864 2 The Hartford Financial Services Group Inc. 1 Hartford Plz. Hartford, CT 06155 860-547-5000; www.thehartford.com 7,000 18,800 $26,236,000,000 $26,400,000,000 Property and casualty insurance, group benefits and mutual funds Christopher J. Swift President & CEO 1810 3 Aetna Inc. 151 Farmington Ave. Hartford, CT 06156 860-273-0123; www.aetna.com 6,152 (3) 47,500 $47,295,000,000 $36,595,900,000 Offers a range of traditional, voluntary and consumer- directed health insurance products Mark T. Bertolini Chairman, President & CEO 1853 4 UnitedHealth Group (UnitedHealthcare) 185 Asylum St. Hartford, CT 06103 860-702-5000; www.uhc.com 4,300 110,000 $122,500,000,000 $110,600,000,000 Managed care plans, Medicare Part D, Medicare Advantage, health care, health benefit programs Michael Matteo Jim Bedard Chief Growth Officer. Optum CFO/COO, UnitedHealthcare's Northeast region 1974 5 Cigna Corp. (4) 900 Cottage Grove Rd. Bloomfield, CT 06002 860-226-6000; www.cigna.com 4,200 36,500 $32,400,000,000 $29,119,000,000 Global health services including medical, dental, behavioral health, pharmacy, vision, supplemental benefits, plus group life, accident and disability insurance David M. Cordani President & CEO 1792 6 Massachusetts Mutual Life Insurance Co. 100 Bright Meadow Blvd. Enfield, CT 06082 860-562-1000; www.massmutual.com 2,000 6,700 $27,600,000,000 $26,700,000,000 Life insurance, annuities, disability income, long-term care insurance and retirement services Roger Crandall Chairman, President & CEO 1851 7 Voya Financial (5) 1 Orange Way Windsor, CT 06095 860-580-4646; voya.com 1,655 6,712 DND DND Retirement, investment and insurance Garry Baxter CIO 1991 8 Anthem Blue Cross and Blue Shield 108 Leigus Rd. Wallingford, CT 06492 800-922-4670; www.anthem.com 1,400 47,500 $70,191,400,000 $61,700,000,000 (6) Health benefits products for consumers, businesses and public sector employees Jill R. Hummel President 1936 9 MetLife Inc. 1300 Hall Blvd. Bloomfield, CT 06002 860-656-3000; www.metlife.com 1,131 27,293 $68,199,000,000 $68,150,000,000 Life insurance, annuities, auto and home insurance, retail banking and other financial services to individuals and groups Steven A. Kandarian Chairman, President & CEO 1868 10 Prudential Retirement 280 Trumbull St. Hartford, CT 06103 860-534-2000; www.prudential.com 900 19,740 $6,028,000,000 $36,595,000,000 Record keeping, administrative services, investment management, comprehensive employee investment education and communications and trustee services Christine C. Marcks President, Prudential Retirement 1875 11 ConnectiCare Inc. (4) 175 Scott Swamp Rd. Farmington, CT 06032 860-674-5757; www.connecticare.com 632 DND $1,300,000,000 $1,200,000,000 Medical and dental insurance products for businesses, municipalities, individuals and those who are Medicare eligible Michael Wise President 1981 12 Lincoln Financial Group 350 Church St. Hartford, CT 06103 860-466-1000; www.lfg.com 625 9,115 $11,969,000,000 $11,535,000,000 Annuities, life, group life, disability and dental insurance, employer-sponsored retirement plans, savings plans, comprehensive financial planning and advisory services Laura Dambier Senior Vice President 1905 13 Liberty Mutual Insurance 95 Glasonbury Blvd. Ste. 204 Glastonbury, CT 06033 860-659-4111; www.libertymutual.com 551 50,000 $38,500,000,000 $36,944,000,000 Personal auto, homeowners, individual life, workers' compensation, general liability, commercial auto, commercial property, global specialty, group life and disability, assumed reinsurance, surety David H. Long Chairman, President & CEO 1912 14 The Hartford Steam Boiler Inspection and Insurance Co. 1 State St., P.O. Box 5024 Hartford, CT 06102 800-472-1866; www.hsb.com 445 1,600 $1,200,000,000 $1,100,000,000 Engineering and technical risk insurance, providing equipment breakdown and other specialty coverages, inspection services and engineering consulting Greg Barats President & CEO 1866 15 Chubb Group of Insurance Cos. 82 Hopmeadow St. Simsbury, CT 06070 860-408-2000; www.chubb.com 399 7,405 $13,900,000,000 $13,600,000,000 Property and casualty Jane Peterson Senior Vice President 1882 16 The Phoenix Cos. Inc. 1 American Row Hartford, CT 06102 860-403-5000; www.phoenixwm.com 350 625 DND (7) $1,789,200,000 Life insurance and annuities James D. Wehr President & CEO 1851 17 XL Group 100 Constitution Plz., 17th Fl. Hartford, CT 06103 860-246-1863; www.xlgroup.com 329 1,700 $7,420,000 $7,200,000 Property, casualty, professional, specialty (environmental, equine, space, aviation), excess and surplus, reinsurance Bernard Horovitz Chief Executive, Global Professional 1986 18 Allied World Assurance Company Holdings, AG (AWH) 1690 New Britain Ave., Ste. 101 Farmington, CT 06032 860-284-1300; www.awac.com 268 668 $2,222,922,000 (8) $2,222,475,000 (8) Professional liability, management liability, health care, directors and officers, property and casualty, surety Susan Chmieleski, President of North American Healthcare & Branch Manager 2001 19 Amica Mutual Insurance Co. 43 Western Blvd., Ste. 200 Glastonbury, CT 06033 800-382-6422; www.amica.com 123 3,284 $1,872,540,000 $1,767,995,000 Auto, home, marine and personal umbrella liability insurance Catherine A. Franks Resident Vice President/Branch Manager 1907 20 IFG Companies (9) 100 Pearl St. Hartford, CT 06103 860-723-4150; www.ifgcompanies.com 98 223 $228,000,000 $231,900,000 Property-casualty insurance on both an excess and surplus lines (non-admitted) basis and an admitted basis through our wholesale partners Elizabeth Monrad Executive Vice President & COO 1985 21 Travel Insured International 855 Winding Brook Dr. Glastonbury, CT 06033 800-243-3174; www.travelinsured.com 91 99 DND DND Travel insurance Jonathan Gehris, President & CEO Peter Gehris, Chairman 1994 Source: Individual companies and SEC filings. Note: DND=Did not disclose. (1) Figure is as of Jan. 1, 2014 and is approximate. (2) Figures are approximate. (3) Includes approximately 1,700 CT based work-at-home employees. (4) Data from 2012. Didn't provide updated data from 2013. (5) Voya Financial Inc. was formerly ING U.S. (6) Figure is for all of WellPoint, Inc. (7) No 10-K available for 2013. (8) Figure is for all of AWH. (9) Previously called Guilford Specialty Group Inc. —Compiled by Roger Magnus.