The Hanover Insurance Group, Inc. (THG)

131.15 +1.33 (+1.02%) At close: 04:00PM EDT

The Hanover Insurance Group, Inc.

440 Lincoln Street
Worcester, MA 01653
United States
508 855 1000
https://www.hanover.com

Sector(s): Financial Services
Industry: Insurance - Property & Casualty
Full-time employees: 4,800

Key executives

Name	Title	Pay	Exercised	Year born
Mr. John Conner Roche	President, CEO & Director	3.12M	629.36k	1964
Mr. Jeffrey Mark Farber	Executive VP & CFO	1.75M	N/A	1965
Mr. Dennis Francis Kerrigan Jr.	Executive VP, Assistant Secretary & Chief Legal Officer	1.04M	N/A	1965
Mr. Richard William Lavey	Executive VP & President of Hanover Agency Markets	1.42M	N/A	1968
Mr. Bryan James Salvatore	Executive VP & President of Specialty	1.37M	N/A	1965
Ms. Lindsay France Greenfield	Senior VP & Chief investment Officer	N/A	N/A	N/A
Mr. Warren Ellison Barnes	Senior VP, Corporate Controller & Principal Accounting Officer	N/A	N/A	1962
Ms. Oksana Lukasheva	Senior Vice President of Corporate Finance	N/A	N/A	N/A
Ms. Mina S. Rona	President of Technology & Life Sciences	N/A	N/A	N/A
Mr. Willard Ty-Lunn Lee	Executive VP, Chief Information & Innovation Officer	N/A	N/A	1970

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty property and casualty, such as program business, specialty industrial business, excess and surplus business, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment advisory services to institutions, insurance companies, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.

Corporate governance

The Hanover Insurance Group, Inc.’s ISS governance QualityScore as of 29 April 2024 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder rights: 5; Compensation: 1.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.