Hanover Insurance News

Hanover Insurance Names Mitchell, Grieco to Key Commercial Lines Posts

The Hanover Insurance Group announced leadership appointments in its commercial lines business. Matthew S. Mitchell was appointed president of The Hanover’s middle market business. He has been with The Hanover for more than 13 years He was named chief strategy …

Agents’ Opportunity in Growing Urgent Care Market Starts with Knowing Key Risks

Over the past decade, urgent care facilities have emerged as popular, convenient and cost-effective alternatives to primary care physicians and hospital emergency rooms. The number of urgent care facilities in the United States has grown exponentially and now represents an …

5 Questions to Ask Small Businesses to Uncover Their Cyber Blind Spots

In an increasingly digital world, it’s important that small businesses don’t get left behind when fending off cyber threats. While a recent study by Forbes Insights and The Hanover shows that most small business owners recognize they are exposed to …

China Re Completes Purchase of Chaucer Holdings from Hanover Insurance

China Reinsurance (Group) Corp. announced it has completed the 100 percent equity acquisition of Chaucer Holdings Ltd. — the major portion of Hanover Insurance Group’s Lloyd’s international specialty business. The acquisition of Chaucer Insurance Co. DAC (Chaucer Dublin) and Hanover …

Hanover Insurance May Follow Chaucer Sale with Talent Hiring, Acquisition

The Hanover Insurance Group could use some of the $950 million it will make from selling its Chaucer international specialty business to fuel organic growth, pursue select acquisitions and hire top talent from rivals, President and CEO John Roche told …

Hanover Hires Munich Re’s Cernak to Head Cyber Practice

The Hanover Insurance Group, Inc. has appointed Eric C. Cernak has the head of its cyber practice. In this role, Cernak is responsible for overseeing corporate cyber strategy across all of its commercial lines and specialty businesses, to ensure a …

In 5 States, 20% or More of Drivers Have No Insurance; Countrywide Average Increases

Nearly one in eight U.S. motorists is driving around uninsured and putting insured drivers at greater risk in the event of an auto accident, according to a study. The study, directed by the Insurance Research Council (IRC) and co-sponsored by …

Lavey Named President of Hanover Agency Markets, Field Operations

Hanover Insurance Group announced that company veteran Richard W. Lavey has been appointed president of Hanover Agency Markets. The appointment is effective immediately. Lavey will lead the company’s personal and core commercial lines businesses, as well as its field operations. …

Hanover Insurance Taps Roche for CEO as Zubretsky Departs for Molina

The Hanover Insurance Group announced Tuesday that John C. Roche has been appointed president and chief executive officer, effective Nov. 4, succeeding Joseph M. Zubretsky. The news came about a half hour before Molina Healthcare announced that Zubretsky was stepping …

The Hanover’s Chaucer Acquires SLE Holdings, Sydney-Based MGA

The Hanover Insurance Group Inc. announced that Chaucer, the company’s international specialty insurance group, has acquired SLE Holdings, a market-leading Lloyd’s managing general underwriting agency based in Sydney, Australia. SLE, which currently underwrites business exclusively in Australia, wrote approximately U.S. …