HIG · News · 20260804N
Acquisition / Partnership / Divestiture
HARTFORD INSURANCE GROUP, INC. · 2026-08-04 · Importance 65 · Surprise 60 · In source text
The Hartford entered a definitive agreement to acquire Equitable’s Employee Benefits business, which serves small and midsize employers with flexible, non-medical benefits. The acquired business represents approximately $500 million in premium and is intended to accelerate The Hartford’s Employee Benefits growth strategy. The transaction is expected to close in the fourth quarter of 2026, subject to regulatory approvals and customary closing conditions.
Key facts
- The acquisition represents approximately $500 million in premium. source
- The acquisition is expected to close in the fourth quarter, subject to regulatory approvals and other customary closing conditions. source
- The Hartford has entered into a definitive agreement to acquire Equitable's Employee Benefits business. source
- Equitable's Employee Benefits business focuses on providing small and midsize employers with flexible, non-medical benefits. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | probable | +3.4% | The acquisition represents approximately $500 million in premium. |