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Hanover Insurance

Stock Price

$113.1

2023-09-25

Market Capitalization

$4 B

2023-09-25

Revenue

$5.5 B

FY, 2022

Hanover Insurance Summary

Company Summary

Overview
Hanover Insurance is a holding company for property and casualty insurance companies. It operates through three segments: Commercial Lines, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, umbrella, healthcare, monoline general liability, and miscellaneous commercial property insurance products. The Personal Lines segment provides personal automobile and homeowner's coverages, as well as other personal coverages, such as personal inland marine, umbrella, fire, personal watercraft, earthquake, and other miscellaneous coverages. The Other segment offers investment management and advisory services to institutions, pension funds, and other organizations.
Type
Public
Status
Active
Founded
1852
HQ
Worcester, MA, US | view all locations
Website
http://www.hanover.com/
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • John C. Roche

    John C. Roche, President, Chief Executive Officer & Director

    • Jeffrey M. Farber

      Jeffrey M. Farber, Executive Vice President, Chief Financial Officer

      • Dennis F. Kerrigan

        Dennis F. Kerrigan, Executive Vice President & General Counsel

      • Richard W. Lavey

        Richard W. Lavey, EVP & President, Hanover Agency Markets

      Operating MetricsView all

      Facilities Owned (Corporate Headquarters), sq.ft.

      803K

      FY, 2018

      Offices (US)

      37
      5.1%

      FY, 2020

      Agency Partners

      2.1K

      FY, 2020

      LocationsView all

      37 locations detected

      • Worcester, MA HQ

        United States

        440 Lincoln St

      • Bedford, NH

        United States

        4 Bedford Farms Dr #107

      • Brookfield, WI

        United States

        100 N Corporate Dr #110

      • Cave Spring, VA

        United States

        1819 Electric Rd suite f

      • Charlotte, NC

        United States

        13925 Ballantyne Corporate Pl

      • Charlotte, NC

        United States

        5130 Parkway Plaza Blvd

      and 31 others

      Hanover Insurance Financials

      Summary Financials

      Revenue (Q2, 2023)
      $1.5B
      Net income (Q2, 2023)
      ($69.2M)
      Cash (Q2, 2023)
      $167.6M
      EBIT (Q2, 2023)
      ($79.4M)

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