The Hartford Teams Up With Intelleflex on Loss Prevention and Underwriting Innovation

New Technology Helps Reduce Waste and Improve Quality in the Perishable Food Supply Chain 

The Intelleflex(R) Corporation is entering a strategic alliance with The Hartford Financial Services Group Inc. to help both companies explore insurance-related opportunities to reduce the amount of produce lost and improve the overall quality of produce during the distribution process from the grower to the retailer. One third of shipped produce is wasted each year, representing $35 billion annually. The partnership, which is through The Hartford's corporate venture division Hartford Ventures, may also enable The Hartford to enhance its loss control and underwriting practices.

See more: http://www.marketwatch.com/story/the-hartford-teams-up-with-intelleflex-on-loss-prevention-and-underwriting-innovation-2011-08-09?reflink=MW_news_stmp