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The Hanover Insurance Group, Inc. (THG)

NYSE - NYSE Delayed Price. Currency in USD
134.61-0.95 (-0.70%)
At close: 04:00PM EST
134.61 -0.07 (-0.05%)
After hours: 04:01PM EST

The Hanover Insurance Group, Inc.

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

Sector(s)Financial Services
IndustryInsurance - Property & Casualty
Full Time Employees4,800

Key Executives

NameTitlePayExercisedYear Born
Mr. John Conner RochePresident, CEO & Director2.87M1.67M1964
Mr. Jeffrey Mark FarberExecutive VP & CFO1.59M9.13M1965
Mr. Dennis Francis Kerrigan Jr.Executive VP, Assistant Secretary & Chief Legal Officer974.99kN/A1965
Mr. Richard William LaveyExecutive VP & President of Hanover Agency Markets1.27M731.87k1968
Mr. Bryan James SalvatoreExecutive VP & President of Specialty1.2MN/A1965
Ms. Lindsay France GreenfieldSenior VP & Chief investment OfficerN/AN/AN/A
Mr. Warren Ellison BarnesSenior VP, Corporate Controller & Principal Accounting OfficerN/AN/A1962
Ms. Oksana LukashevaSenior Vice President of Corporate FinanceN/AN/AN/A
Ms. Mina S. RonaPresident of Technology & Life SciencesN/AN/AN/A
Mr. Willard Ty-Lunn LeeExecutive VP, Chief Information & Innovation OfficerN/AN/A1970
Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is 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 February 1, 2024 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 5; Compensation: 2.

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 a 10 indicates higher governance risk.