The Hanover Insurance Group Inc is a holding company operating in the property and casualty insurance sector with major products including commercial multiple peril, commercial automobile, workers' compensation, and specialty insurance lines serving small to mid-sized businesses across various industries. The company is headquartered in Worcester, Massachusetts. The company was founded in 1852 and distributes its products primarily through a network of independent agents and brokers.
The Hanover Insurance Group has approximately 4,600 employees and generated substantial revenue, reporting $6.7 billion. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. Key subsidiaries include The Hanover Insurance Company and Citizens Insurance Company of America.
Recent Leadership News
On July 15, 2026, The Hanover announced that John C. Roche plans to retire as President and CEO on December 31, 2026 after a 40-year career in insurance, with Chief Operating Officer Richard W. Lavey appointed as CEO-elect to ensure a successful transition.
Facts compiled by Executive Moves from publicly available news and press releases on 16 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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