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Professional Services 72 Hartford Business Journal • decemBer 26, 2016 www.HartfordBusiness.com BOOK OF LISTS & ECONOMIC FORECAST 2016-2017 Largest insurance companies in Greater Hartford (Ranked by number of local employees as of September 2016) Rank Company Local employees U.S. employees Total revenue FY 2015 Services and products offered Top local executive(s) Year founded 1 The Travelers Cos. Inc. 1 Tower Square Hartford, CT 06183 860-277-0111; www.travelers.com 7,400 (1) 28,000 (1) $27,000,000,000 (1) Property and casualty insurance Brian W. MacLean President & CEO 1864 2 The Hartford Financial Services Group (2) 1 Hartford Plaza Hartford, CT 06155 860-547-5000; www.thehartford.com 7,000 17,400 $18,377,000,000 Property and casualty insurance, group benefits and mutual funds Christopher J. Swift Chairman & CEO 1810 3 Aetna Inc. 151 Farmington Ave. Hartford, CT 06156 860-273-0123; www.aetna.com 6,031 49,600 $60,336,500,000 Traditional, voluntary and consumer-directed health insurance products and related services Mark T. Bertolini Chairman & CEO 1853 4 UnitedHealth Group (UnitedHealthcare) 185 Asylum St. Hartford, CT 06103 860-702-5000; www.uhc.com 5,000 175,000 $157,107,000,000 Medicare, commercial and individual health plans Stephen Farrell CEO, UnitedHealthcare of New England 1974 5 Cigna Corp. 900 Cottage Grove Road Bloomfield, CT 06002 860-226-6000; www.cigna.com 4,200 39,000 $37,876,000,000 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; massmutual.com 1,800 7,600 $29,500,000,000 Financial products and services, life insurance, disability income insurance, long-term care insurance, annuities, retirement plans and other employee benefits Roger W. Crandall Chairman, president & CEO 1851 6 Voya Financial (3) One Orange Way Windsor, CT 06095 855-663-8692; www.voya.com 1,800 (4) 8,500 $11,458,200,000 Retirement, annuities, investment management, individual life, employee benefits Rodney O. Martin Jr. Chairman & CEO Gary Baxter CIO IPO conducted in 2013 8 Anthem Blue Cross and Blue Shield 108 Leigus Road Wallingford, CT 06492 800-922-4670; www.anthem.com 1,400 53,243 $72,900,000,000 Medical, dental, vision, life, disability and pharmacy Jill Rubin Hummel President 1936 9 Prudential Retirement 280 Trumbull St. Hartford, CT 06103 860-534-2000; www.prudential.com 982 (5) 20,376 $57,100,000,000 Record keeping, administrative services, investment management, trustee services, employee investment education and communications Christine C. Marcks President 1875 10 ConnectiCare Inc. 175 Scott Swamp Road Farmington, CT 06032 860-674-5757; www.connecticare.com 714 DND $1,790,921,000 Medical and dental insurance products for businesses, municipalities, individuals and those Medicare eligible Michael Wise President 1981 11 Liberty Mutual Insurance 95 Glastonbury Blvd., Suite 204 Glastonbury, CT 06033 860-659-4111; www.libertymutual.com 492 40,197 $37,600,000,000 Automobile, homeowners, accident, health, general liability, property, surety, workers compensation, group disability, group life, specialty lines, reinsurance, life and annuity products David H. Long Chairman & CEO 1912 12 The Hartford Steam Boiler Inspection and Insurance Co. 1 State St., P.O. Box 5024 Hartford, CT 06102 800-472-1866; www.hsb.com 440 (6) 2,450 (7) DND Engineering and technical risk, equipment breakdown insurance products, other specialty coverage, related inspection services and engineering consulting Greg Barats President & CEO 1866 13 XL Catlin 100 Constitution Plaza Hartford, CT 06104 860-246-1863; www.xlcatlin.com 350 2,324 $10,700,000,000 Property, casualty, professional, specialty (environmental, equine, space and aviation, marine, cyber), surety, excess and surplus and reinsurance Anthony Vidovich Global head of claims 1986 14 Nassau Reinsurance Group Holdings (Nassau Re) (8) 1 American Row Hartford, CT 06102 860-403-5000; phoenixwm.com or nsre.com 340 (9) 670 (9) $1,694,800,000 (10) Life insurance and annuity products, life insurance sales and distribution, asset management, policyholder administration and reinsurance Phillip J. Gass CEO 1851 15 Allied World Assurance Company Holdings AG (AWH) 1690 New Britain Ave., Suite 101 Farmington, CT 06032 860-284-1300; www.awac.com 257 718 $2,546,326,000 Professional liability, management liability, health care, directors and officers, surety, property and casualty Lynn Fletcher (11) Vice president of business development & branch manager 2001 16 Travel Insured International 855 Winding Brook Drive Glastonbury, CT 06033 800-243-3174; www.travelinsured.com 120 DND DND Travel insurance Jonathan Gehris President & CEO Peter Gehris Chairman 1994 17 Amica Mutual Insurance Co. 43 Western Blvd. Glastonbury, CT 06033 800-382-6422; www.amica.com 116 3,500 $2,102,234,855 Auto, home, marine and personal umbrella insurance Catherine A. Franks Resident vice president 1907 18 Harvard Pilgrim Health Care 185 Asylum St. Hartford, CT 06103 860-757-6900; www.harvardpilgrim.org 20 1,211 $2,733,898,000 Health insurance Jason Madrak Vice president, CT market 1969 Source: Each company via survey and SEC filings. Notes: DND= Did not disclose. Wallingford's HealthyCT is no longer selling or renewing health insurance plans. MetLife Inc., Lincoln Financial Group, Chubb Group, and IFG did not respond to the survey. (1) Approximate. (2) Completed acquisition of Georgia-based Maxum Specialty Insurance Group for $168 million in cash in July 2016. (3) Voya Financial Inc. was formerly ING U.S. (4) Employee figures from 2015 survey. (5) 2,707 employees statewide. (6) Figures from 2015 survey. (7) Worldwide figure. (8) The Phoenix Cos. Inc. completed a $217.2 million merger with Nassau Reinsurance Group Holdings in June 2016 making it a wholly-owned subsidiary of Nassau Re. (9) Employee figures are the combined total for Phoenix and Nassau Re. (10) 2015 revenue figure for Phoenix only. (11) Succeeded Susan Chmieleski upon her retirement in 2016. —Compiled by Stephanie R. Meagher.