Prudential Group expands its disability insurance operations

Friday, Sep 04,2009, 9:12:24 AM Click:

Prudential Financial, Inc. (NYSE: PRU) Group Insurance business announced today the opening of an office management services to persons with disabilities in Scottsdale, Arizona

The office is expanding its business operations for both the absence management services and short-term disability and should be operational in January 2010, said Lori High, president of Prudential Group Insurance Business.

"Opening this office in the west highlights our commitment to our products and provide disability services and our desire to improve the service we offer to our Midwest and West Coast customers," said High. "Scottsdale offers a pool of talented people suited to the needs of our transaction growth handicap.

This expansion is the result of Prudential's growing presence in the disability marketplace and will result in the hiring of approximately 50 employees. The office will be co-located with Prudential Real Estate and Relocation Services. The company currently has disability management offices in Portland, Maine and Roseland, N.J.

"Prudential's committed to helping companies provide disability solutions to their employees. The demand for Pru1SolutionSM-our portfolio of disability products and absence management services-was a key driver behind our decision to expand," High said. "We offer leave management with our short- and long-term disability products and services to provide a single, seamless solution to meet our customers' needs."

Prudential's Group Insurance business manufactures and distributes a full range of group life, long-term and short-term group disability, long-term care, and corporate and trust-owned life insurance in the U.S. to institutional clients primarily for use in connection with employee and membership benefits plans. Group Insurance also sells accidental death and dismemberment and other ancillary coverages and provides plan administrative services in connection with its insurance coverages.

Prudential Financial, Inc. (NYSE: PRU), a financial services leader with approximately $580 billion of assets under management as of June 30, 2009, has operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping approximately 50 million individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services.

0159822-00001-00

Group Insurance coverages are issued by The Prudential Insurance Company of America, a Prudential Financial company. CONTACT: Prudential Financial, Inc.Sheila Bridgeforth, 973-802-6852 sheila.bridgeforth@prudential.com