Nav­i­ga­tors com­pletes sale

The News-Times - - BUSINESS -

The Hart­ford Fi­nan­cial Ser­vices Group com­pleted its $2.2 bil­lion ac­qui­si­tion of the Stam­ford-based spe­cialty in­sur­ance car­rier Nav­i­ga­tors Group, adding more than 800 em­ploy­ees. The Hart­ford will re­tain the Nav­i­ga­tors brand for rein­sur­ance and whole­sale busi­ness units in the United States, with Nav­i­ga­tors re­main­ing prop­erty and ca­su­alty lines to be con­verted to The Hart­ford’s brand. In 2013, the state of Con­necti­cut awarded Nav­i­ga­tors in­cen­tives of $11.5 mil­lion to move its head­quar­ters to Stam­ford from Rye Brook, N.Y.

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