The
Hartford today announced an extension of its agreement with AARP to
offer home and auto insurance products to its members. With the
three-year extension, The Hartford’s relationship with AARP now runs
through January 1, 2023. Today’s announcement marks the fourth extension
since the program’s inception in 1984, nearly thirty years ago.
Marketed as The AARP® Automobile and Homeowners Insurance Program, The
Hartford offers auto and homeowners insurance to AARP members, as well
as other personal insurance products such as personal umbrella
insurance, and coverage for motor homes and off-road recreational
vehicles.
“Over our almost three-decade relationship with AARP, we have built an
industry-leading personal insurance program designed to serve and
protect AARP members on the road and in their homes, and we are very
pleased to extend the agreement,” said Andy Napoli, president of
Consumer Markets and Enterprise Business Services at The Hartford. “Our
exclusive home and auto insurance program for AARP members is a strong
platform for the continued growth of our Personal Lines business.”
“For many years, The Hartford has provided valuable auto and home
insurance products and exceptional customer service to our members. We
are pleased to announce a further extension of the relationship,” said
Mitch Stevens, senior vice president of Financial Products and Services
for AARP Services, Inc.
The Hartford has been at the forefront in researching and understanding
the needs of the 50-plus population. The Hartford Center for Mature
Market Excellence, staffed by gerontologists, conducts original research
and public education programs on safety, mobility and independence. The
center also applies knowledge of aging to develop products and services
for The Hartford’s customers as well as specialized training for The
Hartford’s employees.
About The Hartford
With more than 200 years of expertise, The Hartford (NYSE:HIG) is a
leader in property and casualty insurance, group benefits and mutual
funds. The company is widely recognized for its service excellence,
sustainability practices, trust and integrity. More information on the
company and its financial performance is available at www.thehartford.com.
Join us on Facebook at www.facebook.com/TheHartford.
Follow us on Twitter at www.twitter.com/TheHartford.
About AARP
AARP is a nonprofit, nonpartisan organization, with a membership of more
than 37 million, that helps people turn their goals and dreams into real
possibilities, strengthens communities and fights for the issues that
matter most to families such as healthcare, employment and income
security, retirement planning, affordable utilities and protection from
financial abuse. We advocate for individuals in the marketplace by
selecting products and services of high quality and value to carry the
AARP name as well as help our members obtain discounts on a wide range
of products, travel, and services. A trusted source for lifestyle tips,
news and educational information, AARP produces AARP The Magazine, the
world's largest circulation magazine; AARP Bulletin; www.aarp.org; AARP
TV & Radio; AARP Books; and AARP en Español, a Spanish-language website
addressing the interests and needs of Hispanics. AARP does not endorse
candidates for public office or make contributions to political
campaigns or candidates. The AARP Foundation is an affiliated charity
that provides security, protection, and empowerment to older persons in
need with support from thousands of volunteers, donors, and sponsors.
AARP has staffed offices in all 50 states, the District of Columbia,
Puerto Rico, and the U.S. Virgin Islands. Learn more at www.aarp.org.
About AARP Services, Inc.
AARP Services, Inc., founded in 1999, is a wholly-owned taxable
subsidiary of AARP. AARP Services manages the provider relationships for
and performs quality control oversight of the wide range of products and
services that carry the AARP name and are made available by independent
providers as benefits to AARP’s millions of members. The provider offers
currently span health products, financial products, travel and leisure
products, and life event services. Specific products include Medicare
supplemental insurance; credit cards, auto and home, mobile home and
motorcycle insurance, life insurance and annuities; member discounts on
rental cars, cruises, vacation packages and lodging; special offers on
technology and gifts; pharmacy services; legal services; and long term
care insurance. AARP Services also engages in new product development
activities for AARP and provides certain consulting services to outside
companies.
HIG-C
Some of the statements in this release may be considered forward-looking
statements as defined in the Private Securities Litigation Reform Act of
1995. We caution investors that these forward-looking statements are not
guarantees of future performance, and actual results may differ
materially. Investors should consider the important risks and
uncertainties that may cause actual results to differ. These important
risks and uncertainties include those discussed in our Quarterly Reports
on Form 10-Q, our 2012 Annual Report on Form 10-K and the other filings
we make with the Securities and Exchange Commission. We assume no
obligation to update this release, which speaks as of the date issued.
Copyright Business Wire 2013