Intuit Payroll and The Hartford Simplify Workers' Comp Premium Payments for Small Businesses

It just got easier and more
efficient for small business employers to pay their workers’ compensation
insurance premiums and manage their cash flow. Intuit Inc. (Nasdaq: INTU) and
The Hartford (NYSE:HIG) have entered into a strategic alliance to offer The
Hartford’s XactPAY Web workers’ compensation premium payment service
to Intuit Payroll’s more than one million customers free of charge. And,
they will market Intuit Payroll, designed to help small businesses quickly,
easily and confidently set up and manage payroll, to the customers of The Hartford’s
small business commercial agents.

XactPAY Web, fully integrated with Intuit QuickBooks Payroll, automatically
calculates the premiums for Hartford-issued workers’ compensation policies
each time payroll is run using QuickBooks Payroll. Payments are then automatically
drawn from the employer’s bank account each pay period, eliminating the
hassle of writing checks. Upon request, employers can receive e-mail notifications
before payments are made and monthly detailed reports from The Hartford. The
XactPAY Web premium payment service is free of charge to Intuit QuickBooks Payroll
customers that also have Hartford-issued workers’ compensation policies.

The combination of Intuit Payroll and The Hartford’s XactPAY Web premium
payment service enables small business owners to pay Hartford workers’
compensation premiums one payroll at a time. This helps improve the business’
cash flow by eliminating the need for large down payments and minimizing the
potential for year-end audit adjustments. Traditional billing methods can crimp
cash flow by requiring employers to pay all or part of the year’s workers’
compensation premiums in advance, potentially tying up thousands of dollars
at the beginning of each year.

“With this free solution, The Hartford and Intuit aim to help small
businesses where it matters most – keeping more cash on hand,” said
Cameron Schmidt, vice president of Intuit’s payroll division. “This
initiative is the beginning of what we hope will be a long alliance dedicated
to helping small businesses thrive.”

“We’re pleased to offer Hartford agents and our valued policyholders
a unique premium calculation solution through our alliance with Intuit, a leader
in providing small businesses with cash flow management tools,” added
Donato Monaco, vice president of The Hartford’s Payroll Alliances Center.
“Leveraging nearly 200 years of insurance experience, we developed XactPAY
Web Special Edition for QuickBooks to provide Hartford policyholders with a
solution that automatically splits up their workers’ compensation premium
into manageable installments, helping small businesses manage cash flow.”

Getting started
Intuit Payroll subscribers can learn more about The Hartford’s XactPay
Web billing service by calling The Hartford at 1-877-633-6546 or submiting a
request online. To learn more about Intuit Payroll, visit www.qbpayroll.com/hartford.
For more information about your local state workers’ compensation requirements
go to the Office of Workers’ Compensation Programs.

This strategic alliance to offer The Hartford’s XactPAY Web workers’
compensation premium payment service to Intuit Payroll’s customers is
just one example of Intuit’s renewed company-wide focus on helping consumers
and small businesses save and make money. While this benefit is particularly
relevant in today’s environment, it has and always will be Intuit’s
hallmark as it continues to deliver innovative products and services for its
customers.

About The Hartford
The Hartford, a Fortune 100 company, is one of the nation’s largest diversified
financial services companies, with 2007 revenues of $25.9 billion. The Hartford
is a leading provider of investment products, life insurance and group benefits;
automobile and homeowners products; and business property and casualty insurance.
International operations are located in Japan, the United Kingdom, Canada, Brazil
and Ireland. The Hartford’s Internet address is www.thehartford.com.

About Intuit Inc.
Intuit Inc. is a leading provider of business and financial management solutions
for small and mid-sized businesses; financial institutions, including banks
and credit unions; consumers and accounting professionals. Its flagship products
and services, including QuickBooks, Quicken and TurboTax software, simplify
small business management and payroll processing, personal finance, and tax
preparation and filing. ProSeries and Lacerte are Intuit’s leading tax
preparation software suites for professional accountants. The company’s
financial institutions division, anchored by Digital Insight, provides on-demand
banking services to help banks and credit unions serve businesses and consumers
with innovative solutions.

Founded in 1983, Intuit had annual revenue of $3.1 billion in its fiscal year
2008. The company has approximately 8,000 employees with major offices in the
United States, Canada, the United Kingdom and other locations. More information
can be found at www.intuit.com.