The Hartford Announces New Organizational Structure Combining Operations And Technology

Rhea-AI Summary

The Hartford appoints Deepa Soni as chief information officer and head of Technology, Data, Analytics & Cyber, merging Operations and Technology functions to drive strategic growth.

Insurer expands Deepa Soni’s role as chief information officer and head of Technology, Data, Analytics & Cyber to include Operations

HARTFORD, Conn.--(BUSINESS WIRE)-- The Hartford is bringing together its Operations and Technology, Data, Analytics & Cyber functions under Soni’s leadership to advance the company’s strategy and deliver exceptional value to customers and business partners.

Deepa Soni (Photo: Business Wire)

“Over the past several years, we have invested aggressively in technology – expanding digital capabilities, simplifying processes and platforms, and applying data, analytics and artificial intelligence to enhance products, services and customer experience across the enterprise,” said The Hartford’s Chairman and CEO Christopher Swift. “Combining customer-facing operations with our technology centers of expertise accelerates the benefits of our investments and supports the company’s ambitious growth agenda.”

John Kinney, who joined The Hartford in 2003 and has led Claims and Operations since 2021, will leave the company effective April 5. With Kinney’s departure, Steve Deane, the company’s chief claims officer, now reports directly to Swift. Apart from Kinney’s departure, all changes are effective immediately.

Soni, who remains a direct report to Swift, joined The Hartford in 2019 after growing her career in the banking sector. Since assuming her current role in 2021, she has led the company’s technology transformation, including migration to cloud-based digital platforms, and increased use of automation/artificial intelligence and advanced data and analytics.

Since joining the company in 2003, Kinney assumed roles of increasing responsibility and became an influential member of the enterprise leadership team. In addition to spearheading the use of claims data to improve outcomes for claimants and employers, he was a powerful voice for inclusion across The Hartford and served as the executive sponsor of the company’s Black Insurance Professionals Network (BIPN) employee resource group since 2019.

Swift added, “I am personally grateful for John’s leadership and deeply value his many contributions to The Hartford. The organizational changes announced today demonstrate our disciplined approach to leader development and succession planning. I am confident in our talented management team and excited about all that lies ahead for our company.”

About The Hartford

The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.

The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.

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Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2023 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.

From time to time, The Hartford may use its website and/or social media channels to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240304862308/en/

Media Contact:

Michelle Loxton

860-547-7413

michelle.loxton@thehartford.com

 

Source: The Hartford

FAQ

Who is the new chief information officer and head of Technology, Data, Analytics & Cyber at The Hartford?

Deepa Soni has been appointed as the new chief information officer and head of Technology, Data, Analytics & Cyber at The Hartford.

What changes have been made in The Hartford's leadership team?

John Kinney, who led Claims and Operations, will be leaving the company, with Steve Deane, the chief claims officer, now reporting directly to the Chairman and CEO, Christopher Swift.

When will John Kinney leave The Hartford?

John Kinney will be leaving The Hartford effective April 5.

What has Deepa Soni accomplished since assuming her current role in 2021?

Since 2021, Deepa Soni has led The Hartford's technology transformation, including migration to cloud-based digital platforms, increased use of automation/artificial intelligence, and advanced data and analytics.

What employee resource group did John Kinney serve as the executive sponsor of at The Hartford?

John Kinney served as the executive sponsor of the Black Insurance Professionals Network (BIPN) employee resource group at The Hartford since 2019.