Hartford Financial Services (NYSE:HIG) Begins Strategic Partnership

Hartford Financial Services (NYSE:HIG) has entered into a strategic alliance with Intelleflex Corporation.

Hartford Financial Services (NYSE:HIG) Begins Strategic Partnership

As a part of the move aimed at helping both the companies to explore insurance-related opportunities to reduce the amount of produce lose and improve quality, Hartford Financial Services (NYSE:HIG) has agreed to use the XC3 Technology developed by Intelleflex Corporation.

Alexander McGinley, marine underwriting officer at the Hartford Financial Services (NYSE:HIG) said, “Identifying cold chain issues quickly and routing perishables based on remaining shelf life are critical to enhancing customer profitability and operational effectiveness. This new technology will help our customers decrease the amount of produce wasted due to temperature variations.”

Hartford Financial Services (NYSE:HIG) shares are currently standing at 20.38.

Price History
Last Price: 20.38
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12 Month Price Change %: -10.8%