New York Insurer Expands Across the Pond

The Hartford Financial Services Group Inc. has announced it will open a new office in London, expanding its existing international professional liability underwriting capacity.   
   
The New York-based insurer said the new subsidiary, called Hartford Financial Products International Ltd., officially began underwriting through broker channels on Nov. 1, 2007.   
   
Said David McElroy, head of Hartford Financial Products, “The extension of our current underwriting capabilities will better position us with our international customers and worldwide distributors.” According to McElroy, “This move will allow us to more effectively grow and diversify the company’s overall international portfolio by being situated in London and closer to historically important markets.”   

Published on November 7, 2007