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Insurance carrier scores highest in three study factors
HARTFORD, Conn., October 28, 2021--(BUSINESS WIRE)--The Hartford ranked No. 1 in customer satisfaction with the auto insurance claims experience in the J.D. Power 2021 U.S. Auto Claims Satisfaction StudySM. The study measures performance throughout the entire claims experience, from first notice of loss through the repair and delivery of a vehicle or settlement of a total loss.
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The Hartford ranked No. 1 in customer satisfaction with the auto insurance claims experience in the J.D. Power 2021 U.S. Auto Claims Satisfaction Study(SM) (Graphic: Business Wire)
"It is an honor to be recognized by J.D. Power for our best-in-class claims practices," said Mary Nasenbenny, chief claims officer at The Hartford. "We are relentlessly focused on customer experience and this achievement is a testament to the superior service our teammates provide every day to help our customers prevail when the unexpected happens."
The Hartford achieved an overall satisfaction score of 905 out of 1,000, 25 points above the industry average. In addition to earning the highest rating overall, the company is No. 1 in three of the six study factors – first notice of loss, claim servicing and settlement.
The 2021 U.S. Auto Claims Study was based on responses from 7,345 consumers who settled a claim within the past six months prior to taking the survey. The study, which was fielded November 2020 through September 2021, measures customer experiences with their auto claims in the areas of claims servicing, estimation process, first notice of loss, rental experience, repair process and settlement.
As the fifth largest direct writer of personal auto and home products1, The Harford is a recognized leader in the 50-plus market with long-standing expertise. To better serve the mature market, the company’s Center for Mature Market Excellence is staffed with gerontologists who apply their knowledge of aging to the company’s products and services, as well as public education programs about safety, mobility and independence.
About J.D. Power
J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.
J.D. Power has offices in North America, Europe and Asia Pacific. To learn more about the company’s business offerings, visit JDPower.com/business. The J.D. Power auto shopping tool can be found at JDPower.com.
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. Follow us on Twitter at @TheHartford_PR.
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.
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 2020 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 outlets, such as Twitter and Facebook, 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, Twitter account at www.twitter.com/TheHartford_PR and Facebook at https://facebook.com/thehartford. 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.
1 This ranking is based on The Hartford’s analysis of industry data sources, carriers’ SEC filings and other publicly available financial and investor information.
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