The Hartford and AARP Renew Relationship to Make Personal Insurance Available to AARP Members

Pioneering program, launched in 1984, extended through 2020; provides continued value and protection for millions of Americans age 50 and over

 | February 7, 2007

The Hartford Financial Services Group, Inc., (NYSE: HIG), one of the leading providers of investment and insurance products, today announced an extension of its agreement with AARP to offer its nearly 38 million members auto and homeowners insurance products. The agreement to continue through January 1, 2020 as a proud AARP provider marks the third extension of the AARP program since its inception over two decades ago and maintains The Hartford's place as one of the top five direct writers of personal lines insurance in the United States. Marketed as The AARP Automobile and Homeowners Insurance Program, The Hartford offers auto and homeowners insurance to AARP members as well as insurance for other personal property well-suited for AARP member lifestyles such as coverage for boats, motor homes, off-road recreational vehicles and classic cars. This agreement, with AARP's subsidiary, AARP Financial, will create even greater benefits through new product, workplace and e-commerce initiatives that better serve the needs of AARP members across the country. "The Hartford has been privileged to serve AARP members on the road and in their homes during a period of profound growth and change for our organizations and for our country. We are thrilled to be extending this highly successful relationship for 13 more years," said David Zwiener, president and chief operating officer of The Hartford's property and casualty operations. "The relationship and shared cultures of our organizations enable us to bring outstanding value and protection to the millions of Americans enrolled in this program. The success of this business is a testament to The Hartford's commitment to helping AARP improve the quality of life for its members." The Hartford is at the forefront of designing products and services tailored to serve the insurance and investment needs of 78 million Americans who comprise the Baby Boom generation. Researchers report that more than 10,000 Baby Boomers are turning 50 each day, and that by 2030, almost one out of every five people in this country will be 65 years or older. As Americans live longer, healthier and more active lives, The Hartford has worked with organizations like AARP and others to develop a deep understanding of the needs of this rapidly growing market. The Hartford and AARP have spent more than two decades building an industry-leading personal insurance program designed for people age 50 and over. By extending the relationship, The Hartford has underscored its commitment to invest the resources to serve future generations of AARP members. The company has conducted extensive gerontological research and public education efforts designed to continually improve service and address quality of life issues facing older Americans. The Hartford has been recognized for pioneering work on auto safety through its research on older drivers and its publication of innovative product and design ideas for aging homeowners. In addition, The Hartford provides educational materials in support of AARP's members and the mission of the organization. "The AARP Automobile and Homeowners Insurance Program is an excellent example of AARP and The Hartford collaborating to change the market," said Dawn Sweeney, president and CEO of AARP Services. "Some of the key features that The Hartford has designed exclusively for AARP members include a commitment to renew insured members' policies each year, an outstanding customer service experience tailored to their needs and a gerontology team which supports AARP's members and the mission of the organization." With written premium of approximately $2.7 billion in 2006, The AARP Auto and Homeowners Insurance Program from The Hartford has grown consistently over the past 23 years, offering 18 different products today and insuring some 2.6 million members. The Hartford's customer service centers, which support the program, have also been recognized for providing "An Outstanding Customer Service Experience" under the highly-regarded J.D. Power and Associates Certified Call Center Program.^SM For more information on obtaining insurance from The Hartford, AARP members can call 1-800-555-2510 and select "option 1." They will be directed to a licensed professional of The Hartford who can assist them with their personal insurance needs. AARP Financial, founded in 2005, is a wholly owned subsidiary of AARP Services, Inc. Based in Tewksbury, Mass., AARP Financial is dedicated to helping people prepare for a more secure financial future by offering products and services designed to meet their retirement needs. For more information visit their website at www.aarpfinancial.com. The Hartford, a Fortune 100 company, is one of the nation's largest financial services and insurance companies, with 2006 revenues of $26.5 billion. The Hartford is a leading provider of investment products, life insurance and group benefits; automobile and homeowners products; and business property and casualty insurance. International operations are located in Japan, Brazil and the United Kingdom. The Hartford's Internet address is www.thehartford.com.