Hartford acquires Equitable employee benefits
Analysis based on 6 articles · First reported Aug 04, 2026 · Last updated Aug 04, 2026
The acquisition strengthens The Hartford's position in the employee benefits market, potentially boosting its growth in the small and midsize employer segment. For Equitable, the divestiture allows it to streamline its business and focus on core operations, while the deal is not expected to materially affect The Hartford's capital plans.
The Hartford announced a definitive agreement to acquire Equitable's Employee Benefits business, which provides flexible non-medical benefits to small and midsize employers. The deal, expected to close in Q4, represents approximately $500 million in premium and includes Equitable's Employee Benefits technology. About 300 employees supporting the acquired business will join The Hartford. Financial terms were not disclosed. The transaction does not change The Hartford's previously announced capital management plans. Advisors included Rothschild & Co and Sidley Austin for The Hartford, and J.P. Morgan and Debevoise & Plimpton for Equitable.
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