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The Hartford Elects Greig Woodring And Steve McGill To Its Board Of Directors

HIG | October 19, 2017

The Hartford Elects Greig Woodring And Steve McGill To Its Board Of Directors

The Hartford today announced the election of two members to the company's board of directors, Greig Woodring and Steve McGill, effective December 20, 2017. Woodring and McGill will replace Charlie Strauss and H. Patrick Swygert who will not stand for re-election in May 2018 upon reaching mandatory retirement age.

“Greig and Steve are exceptional leaders, with deep understanding of our industry and business and what it takes to succeed in the marketplace,” said The Hartford’s Chairman and CEO Christopher Swift. “Both Greig and Steve will contribute to the board’s success in creating long-term shareholder value, and I look forward to working closely with them.”

“In an effort to be proactive and responsive to the general trend among shareholders seeking more industry expertise on boards, we are pleased to welcome Greig and Steve, who bring outstanding insurance industry experience to our board,” said Director Charlie Strauss, chair of the board’s Nominating & Corporate Governance Committee. “As former insurance executives with extensive broker and reinsurance backgrounds, they will add insightful perspectives to the board.”

Woodring, 66, served as president and chief executive officer of Reinsurance Group of America, Incorporated (RGA) from 1993 until his retirement in December 2016. During his tenure, RGA grew to become one of the world’s leading life reinsurers, with offices in 26 countries and annual revenues of more than $10 billion. Woodring serves as chairman of Wamberg Genomics Advisors and the International Insurance Society. He is a fellow of the Society of Actuaries and a member of the American Academy of Actuaries.

McGill, 59, retired in January 2017 as group president of Aon Plc and chairman and CEO of the Risk Solutions business segment, which was comprised of Aon Risk Solutions, the global risk management advisory and insurance brokerage firm, and Aon Benfield, the reinsurance brokerage firm. McGill was a founding trustee of Find A Better Way, a charity focused on improving the lives and communities affected by landmines. He serves on the International Advisory Board of British American Business, and is past president of the Insurance Institute of London. In 2014, McGill was awarded a Commander of the British Empire (CBE) by Queen Elizabeth II in recognition for his exceptional service to the insurance industry and also for humanitarian services.

“On behalf of all the directors and the management of The Hartford, I want to thank Charlie and Pat for their stellar commitment to representing the company's shareholders during their tenures as directors,” said Swift. “Our company and board have certainly benefited from their wisdom and judgment. Their dedicated service and many contributions are greatly appreciated.”

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com. Follow us on Twitter at www.twitter.com/TheHartford_PR.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Conn. For additional details, please read The Hartford’s legal notice.

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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 2016 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.

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