Hartford closes acquisition of Equitable employee benefits business
HIG•The Hartford closed its acquisition of Equitable’s Employee Benefits business, adding about $500 million in annual premium from non-medical benefits. Financial terms were not disclosed.
1. Acquisition closed
The acquisition adds group life and disability offerings, along with dental and vision coverage, and Equitable’s employee benefits technology, including digital tools and real-time API integrations aimed at small and midsize employers. Roughly 300 employees are transferring as part of the deal.
