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streamlined product-development process maximizes
speed-to-market so agents have the right products to
sell at the right time. That’s one reason why we esti-
mate The Hartford’s small-business insurance growth
is ﬁve to six times the industry average. 
Developing products for a changing business
environment is also a proven skill of HFP . The unit com-
pleted its ﬁrst full year as part of The Hartford after our
2000 acquisition of Reliance Group Holdings, Inc.’s
ﬁnancial products and excess and surplus lines.
It was quite a year after quite a decade. Demand
for HFP’s mainstay directors and officers liability 
insurance was high during the 1990s as the number of
U.S. public corporations tripled. Amid the past year’s
corporate retrenchment, loss activity led to industry-
wide premium price increases of up to 30 percent. A
ﬂight to quality was inevitable under such conditions,
and a strong brand and superior ratings helped HFP dis-
tance itself from lesser competitors. Even the horriﬁc
collapse of its World Trade Center headquarters couldn’t
hold HFP back in 2001. It renewed $43 million worth of
business in September alone, fulﬁlling its commitment
to protecting customers against uncertainty.
/H17073Hartford Investment Management
Co., which specializes in ﬁxed-
income asset management, has
nearly $75 billion under manage-
ment. Marcie Hayden, money 
market trader, and Peter Perrotti,
government portfolio manager, are
two members of a professional
organization whose annual trading
volume exceeds $50 billion.
/H17076A strong brand and superior 
ratings help Hartford Financial
Products (HFP) differentiate its
directors and officers liability
insurance from those of competi-
tors. HFP’s Boston Regional
Manager Doreen Lukowski-Rizza
works with HFP Underwriting
Manager David Garrison, far
right, and ﬁnancial professionals
such as William Gallagher
Associates President and CEO
Philip Edmundson, second from
left, and Principal Richard Leavitt.