Michael Concannon To Lead The Hartford’s Property & Casualty Sales & Distribution Organization

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford Financial Services Group, Inc. (NYSE: HIG) announced today that the company has promoted Michael Concannon, 47, to executive vice president of its property and casualty sales and distribution organization, effective immediately. Concannon will report directly to Juan Andrade, president and chief operating officer of The Hartford's property and casualty operations.

The sales role was vacated by Andrade upon his promotion to company president. Concannon was previously senior vice president of the company's personal lines operations.

"Mike is an outstanding business executive with a long-standing commitment to understanding and exceeding the expectations of our distribution partners. In fact, he has been instrumental in developing and expanding our independent agent distribution," said Andrade. "He's a thoughtful, skilled leader who demands excellence and is committed to always improving his business. He's really a great example of the deep bench of talent we have within the P&C leadership team."

An industry veteran with experience in sales, underwriting, product and finance, Concannon joined The Hartford in 1995 working in product management for the personal lines insurance center. He has held several positions with increasing levels of responsibility at The Hartford, including leadership roles in the affinity business unit and product management.

"As a member of our senior leadership team, Mike has been deeply involved in many of our enterprise-wide change initiatives, developing and influencing our overall strategy. This will ensure smooth continuity of our current strategy and values," said Andrade. "In addition to the phenomenal results Mike's been able to achieve in personal lines, his deep understanding of the industry and vigorous drive to compete makes him the perfect partner to work with our agents and brokers as they look to profitably grow their businesses."

Prior to joining The Hartford, Concannon held a number of finance and underwriting management positions at Allstate Insurance Company, E.F. Hutton & Co. and Dean Witter Reynolds.

Concannon earned a B.S. from St. John's University and an M.B.A. from Adelphi University.

About The Hartford

Celebrating nearly 200 years, The Hartford (NYSE: HIG) is an insurance-based financial services company that serves households, businesses and employees by helping to protect their assets and income from risks, and by managing wealth and retirement needs. A Fortune 500 company, The Hartford is recognized widely for its service expertise and as one of the world's most ethical companies. More information on the company and its financial performance is available at www.thehartford.com.

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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. In particular, the amount and terms of future sales under the equity issuance plan described above, if any, are not yet known. 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 2008 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.



The Hartford Financial Services Group, Inc.

Media Contact:

David Snowden, 860-547-3397

David.snowden@thehartford.com

or

Investor Contact:

Rick Costello, 860-547-8480

Richard.Costello@thehartford.com



Source: The Hartford Financial Services Group, Inc.