A microgrid is a small, localized electricity system that can operate connected to the main power grid or independently, like a neighborhood having its own backup power plant. For investors, microgrids matter because they can reduce energy costs, improve reliability during outages, enable sale of surplus power or grid services, and benefit from policy incentives — all of which can create steady revenue streams and lower operating risk for businesses and communities.
battery storagetechnical
Battery storage is a system that stores electricity in large rechargeable batteries so power can be used later, like a reusable fuel tank for the grid. Investors care because it smooths out when energy is available vs. when it’s needed, can lower costs, create new revenue from selling stored power at peak times, and reduce reliance on unpredictable energy sources, affecting utility and clean-energy company valuations.
fuel cellstechnical
Fuel cells are devices that produce electricity by causing a controlled chemical reaction—commonly between hydrogen and oxygen—without burning fuel, working more like a battery that you continuously refill than like an engine that burns gasoline. They matter to investors because they enable cleaner, quieter and often more efficient power for vehicles, buildings and industrial uses, creating growth opportunities, cost and technology risks, and potential shifts in energy and transport markets.
hardware-in-the-looptechnical
A hardware-in-the-loop (HIL) setup is a testing method where physical components (like a vehicle control unit or sensor) are connected to a computer that runs a realistic simulation of the system around them. It lets engineers see how real hardware behaves in many scenarios without building the full product, acting like a flight simulator for components. For investors, HIL matters because it speeds development, uncovers faults earlier, and reduces costly recalls or delays by validating hardware under controlled, repeatable conditions.
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Arrangement creates The Hartford Laborer Safety Fund with Korey Stringer Institute and The Hartford Sustainability Fund to support future insurance solutions for emerging technologies
HARTFORD, Conn.--(BUSINESS WIRE)--
The Hartford and The University of Connecticut (UConn) announced the initial phases of a collaboration focused on research related to energy innovation, business resiliency and extreme heat. The arrangement includes a philanthropic investment in the Korey Stringer Institute, bringing together two leaders in workers’ safety to gain insights that will help employers protect workers from acute and prolonged exposure to extreme heat. The Hartford will also partner with UConn’s Institute of the Environment and Energy to create a fellowship centered around energy innovation.
“The Hartford is committed to helping businesses safeguard assets, enhance resiliency and protect their employees,” said The Hartford’s President A. Morris ‘Mo’ Tooker. “Through this strategic relationship with UConn, we are combining academic research with real-world risk expertise to generate practical insights employers can use to improve worker safety, reduce business losses and maintain productivity as climate-driven exposures continue to evolve.”
The Hartford Laborer Safety Fund, the company’s dedicated philanthropic fund to support ongoing research and applied safety initiatives, will enable a collaboration with UConn’s Korey Stringer Institute (KSI), a leader in heat-safety research, to study how extreme heat affects workers across industries. The research will examine short- and long-term impacts of extreme heat on worker health and productivity as well as heat-mitigation practices that support business continuity during extreme heat events.
“The collaboration of The Hartford and UConn directly illustrates the importance of corporate partnerships in advancing the mission of academic and innovation excellence and the health and wellness of our people and our planet – two key pillars in the historic ‘Because of UConn’ philanthropic campaign. Our relationship with The Hartford supports the university’s strategic priorities and showcases the potential of advancing science with real-world impact,” said Amy Yancey, President and CEO of the UConn Foundation.
The Hartford and KSI plan to pilot heat-management programs with select business customers to apply academic research to real-world safety applications. Findings from the research are expected to help businesses better anticipate heat-related risks, strengthen safety protocols, and improve employee productivity and effectiveness.
“The Korey Stringer Institute has been instrumental with protecting athletes, our military, and laborers from heat-related conditions for more than 15 years. The Hartford’s support will be valuable in helping to advance the institute’s work, in turn helping to improve the well-being of people around the globe,” said Lindsay DiStefano, UConn’s Interim Vice President for Research, Innovation and Entrepreneurship.
The Hartford’s partnership with UConn’s Institute of the Environment and Energy also establishes The Hartford Sustainability Research Fellowship within the university’s College of Engineering, with support from the company’s Y‑Risk innovation platform, which focuses on understanding and insuring emerging technologies and business models. This work will examine the evolving energy needs of data centers, and explore the emerging risks related to onsite generation, battery storage, fuel cells, renewable-energy and facility microgrids utilizing the unique Real-Time Digital Simulator and hardware-in-the-loop resources of the Institute of the Environment and Energy. The research will also explore how these technologies are expected to change over time, offering insights into insurance and risk-management needs today and in the future.
About The Hartford
The Hartford is a leader in property and casualty insurance, employee 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 Insurance 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.
HIG-C
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 2025 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.
