The Hanover Insurance Group Inc - Company Profile

Powered by

All the data and insights you need on The Hanover Insurance Group Inc in one report.

$395 $295
Buy Report View Sample
  • Save hours of research time and resources with
    our up-to-date The Hanover Insurance Group Inc Strategy Report

  • Understand The Hanover Insurance Group Inc position in the market,
    performance and strategic initiatives.

  • Gain competitive edge and increase your
    chances of success

Back to companies

The Hanover Insurance Group Inc: Overview

Select Item

The Hanover Insurance Group Inc (THG) is an insurance holding group. It offers a range of property and casualty products and services to businesses, individuals, and families through a select group of independent agents across the US. Its personal insurance portfolio includes auto, home, umbrella, watercraft and toys, valuable items, and identity protection insurance. The business insurance portfolio includes small businesses, mid-sized businesses, industrial risks, international risks, management liability, marine, professional liability and surety insurance. It also offers claims management and risk management services. THG is headquartered in Worcester, Massachusetts, the US.

 Gain a 360-degree view of The Hanover Insurance Group Inc and make more informed decisions for your business Gain a 360-degree view of The Hanover Insurance Group Inc and make more informed decisions for your business Find out more
Headquarters United States of America
Address 440 Lincoln St, Worcester, Massachusetts, 1653
Website www.hanover.com
Telephone 1 508 8551000
No of Employees 4,600
Industry Financial Services
Ticker Symbol & Exchange THG (NYSE)
Revenue (2022) $5.5B 8.6% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ -72.3% (2022 vs 2021)
Market Cap* $4.5B
Net Profit Margin (2022) XYZ -74.5% (2022 vs 2021)
* As of and is in US$
View The Hanover Insurance Group Inc financials
Gain access to our premium signals and make informed decisions for your business Gain access to our premium signals and make informed decisions for your business Find out more

The Hanover Insurance Group Inc premium industry data and analytics

30+

Insurance Market Data Insights

Insight into market share and brand performance.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for The Hanover Insurance Group Inc (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on The Hanover Insurance Group Inc’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services
Business Insurance: Investment Advisory
Small Commercial and Middle Market Core
Business Owner’s Policy
XYZ
XYZ
XYZ
Understand The Hanover Insurance Group Inc portfolio and identify potential areas for collaboration Understand The Hanover Insurance Group Inc portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 New Products/Services In April, the company launched its Hanover CyberSecure Program, a proactive cyber risk management program.
2023 New Products/Services In January, the company launched a specialty general liability offering.
2022 Others In July, the company announced the launch of its Hanover i-on Sensor Program.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
Image for loader

Competitor Comparison

Key Parameters The Hanover Insurance Group Inc American International Group Inc (AIG) The Allstate Corp State Farm Mutual Automobile Insurance Co Chubb Ltd
Headquarters United States of America United States of America United States of America United States of America Switzerland
City Worcester New York Northbrook Bloomington Zuerich
State/Province Massachusetts New York Illinois Illinois -
No. of Employees 4,600 26,200 54,000 53,000 34,000
Entity Type Public Public Public Private Public
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
John C. Roche President; Chief Executive Officer; Director Executive Board 2017 59
Cynthia L. Egan Chairperson Executive Board 2020 67
Jeffrey M. Farber Chief Financial Officer; Executive Vice President Senior Management - 58
Willard T. Lee Chief Information and Innovation Officer; Executive Vice President Senior Management 2021 53
Denise M. Lowsley Chief Human Resources Officer; Executive Vice President Senior Management 2019 51
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Gain insight into The Hanover Insurance Group Inc key executives to enhance your sales strategy Gain insight into The Hanover Insurance Group Inc key executives to enhance your sales strategy Find out more
Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward