The Hartford Insurance Group (HIG) investor relations material

Strategic investments and technology transformation

• Over the past decade, significant investments were made in core platform modernization, including claim and admin systems, to enhance efficiency and customer experience.

• Major technology upgrades included Guidewire and Duck Creek, with a $250 million investment in personal lines.

• Ongoing platform enhancements in group benefits and global specialty are expected to be completed within 18 months.

• Early adoption of AI and advanced analytics has shifted from experimentation to practical deployment, especially in small business operations.

• Cloud migration is underway, targeting 75% completion by end of 2027, supporting agility and innovation.

AI, productivity, and customer experience

• AI is being integrated for both personal productivity and end-to-end process transformation, with Microsoft 365 as a key tool.

• AI and data science are embedded in small business solutions, driving predictive capabilities and efficiency.

• Enhanced digital capabilities have led to consistent growth rates and higher market share, especially in small and middle markets.

• The company has been recognized as the top digital carrier for seven consecutive years, reflecting strong execution and customer trust.

Investment spending and scale

• Annual investment spend has increased from $350 million to over $500 million in recent years, funded partly by productivity gains.

• Continued investment is expected, with scale seen as essential for long-term success and efficiency.