The
Hartford, a leading group benefits provider, now offers small
business owners easy access to a broad array of business
services from Newtek
Business Services, Inc., in order to help them manage and grow their
companies.
“The Hartford is committed to responding to the needs of small
businesses and helping them succeed,” said Donato
Monaco, vice president of small business, Group Benefits. “This new
central resource of insurance and business services is the latest
initiative designed to help shift the odds in small business owners’
favor and help them win in the marketplace.”
The Hartford’s small business clients now have direct access to a
comprehensive suite of Newtek
business services, including:
-
Business lending;
-
Cloud-based managed technology solutions;
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Data backup and storage; and
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Electronic payment and payroll processing.
“We are focused on boosting small business growth by offering products
and services that can help reduce expenses, manage risk, and increase
sales,” said Barry Sloane, chairman, president and chief executive
officer of Newtek, a nationally recognized provider of small business
products and services.
Donato added, “This new business resource can also help our broker and
agent partners, who not only advise small business owners but are often
small business owners themselves.”
This is The
Hartford Group Benefits’ latest offering for businesses with four to
49 employees. Most recently, the insurer launched the Workforce
Safety & Absence Management Service for companies with as few as
four employees and began offering DisabilityFLEXsm,
its voluntary group disability insurance, to businesses with as few as
10 employees. For more information about benefits for small businesses,
visit http://www.thehartford.com/group-benefits-producers/small-business.
About Newtek Business Services, Inc.
Newtek Business
Services, Inc., (NASDAQ: NEWT) is a distributor of a wide range of
business services and financial products to the small- and medium-sized
business market under the Newtek brand. Since 1999, Newtek has helped
small- and medium-sized business owners realize their potential by
providing them with the essential tools needed to manage and grow their
businesses and to compete effectively in today's marketplace. Newtek
provides its services to more than 100,000 business accounts and has
positioned the Newtek brand as a one-stop-shop provider of such business
services. According to the U.S. Small Business Administration, there are
more than 27.5 million small businesses in the United States, which in
total represent 99.7 percent of all employer firms.
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.
The Hartford® is The Hartford Financial Services Group, Inc.
and its subsidiaries, including issuing companies, Hartford Life
Insurance Company and Hartford Life and Accident Insurance Company. Its
headquarters is in Hartford, Conn.
HIG-M
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 2013 Annual
Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, 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.
From time to time, The Hartford may use its website to disseminate
material company information. Financial and other important information
regarding The Hartford is routinely accessible through and posted on our
website at http://ir.thehartford.com.
In addition, you may automatically receive email alerts and other
information about The Hartford when you enroll your email address by
visiting the “Email Alerts” section at http://ir.thehartford.com.
Copyright Business Wire 2014