The Hanover Insurance Group, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- John Conner Roche
- Full Time Employees
- 4,900
- Sector
- Financial Services
- Industry
- Insurance - Property & Casualty
- Address
- 440 Lincoln Street Worcester MA United States of America 01653
- IPO Date
- Oct 11, 1995
- CIK
- 0000944695
- Website
- hanover.com
- Similar Companies
- Business
- The Hanover Insurance Group, Inc. is a prominent holding company delivering an extensive array of property and casualty insurance offerings and related services throughout the United States. The organization structures its operations across four primary divisions: Core Commercial, Specialty, Personal Lines, and Other. Within its Core Commercial segment, the company furnishes solutions such as commercial multiple peril, commercial automotive, and workers' compensation policies, along with monoline general liability, umbrella coverage, and various other commercial protections. This segment primarily serves the insurance needs of small to mid-sized businesses across diverse sectors. The Specialty division focuses on specialized areas like professional and executive liability, marine, surety, and unique property and casualty programs, with a strategic emphasis on expanding this growth area. The Personal Lines segment provides essential coverage for individuals, including personal automobile and homeowners' insurance, alongside supplemental options such as personal umbrella, inland marine, personal watercraft, and personal cyber protection. This area targets the middle and emerging affluent markets, including high-value property. The Other segment notably includes investment management services. The company's distribution strategy relies exclusively on a network of independent agents and brokers. Established in 1852, The Hanover Insurance Group, Inc. maintains its headquarters in Worcester, Massachusetts, and was previously known as Allmerica Financial Corp., adopting its current name in December 2005. Recent financial performance in Q3 2025 demonstrated a significant increase in net income and growth in net premiums written. The company continues to enhance its offerings, including new solutions for complex industrial property risks and expanded services for the life sciences sector.
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