OverviewSuggest Edit

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.

HQWorcester, US
Employee Ratings3.9

Latest Updates

Employees (est.) (Dec 2019)4,300(+3%)
Job Openings58
Revenue (FY, 2019)$4.9 B(+9%)
Share Price (Oct 2020)$96.8 (+2%)
Cybersecurity ratingBMore

Key People/Management at Hanover Insurance

John C. Roche

John C. Roche

President and Chief Executive Officer
Mark L. Berthiaume

Mark L. Berthiaume

EVP, Chief Technology Innovation Officer
Jeffrey M. Farber

Jeffrey M. Farber

EVP, Chief Financial Officer
Richard W. Lavey

Richard W. Lavey

EVP, President, Hanover Agency Markets
Bryan J. Salvatore

Bryan J. Salvatore

EVP, President, Specialty
Mark J. Welzenbach

Mark J. Welzenbach

EVP, Chief Claims Officer
Show more

Hanover Insurance Office Locations

Hanover Insurance has offices in Worcester, Atlanta, Bedford, Bloomington and in 35 other locations
Worcester, US (HQ)
440 Lincoln St
Atlanta, US
1000 Abernathy Rd NE #165
Bedford, US
1 Executive Park Dr #200
Bloomington, US
8300 Norman Center Dr #250
Brookfield, US
100 N Corporate Dr #110
Cave Spring, US
1819 Electric Rd suite f
Show all (41)

Hanover Insurance Financials and Metrics

Hanover Insurance Revenue

Hanover Insurance's revenue was reported to be $4.89 b in FY, 2019

Revenue (Q2, 2020)


Net income (Q2, 2020)


EBIT (Q2, 2020)


Market capitalization (15-Oct-2020)


Closing stock price (15-Oct-2020)


Cash (30-Jun-2020)

Hanover Insurance's current market capitalization is $3.7 b.
USDFY, 2010FY, 2011FY, 2012FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019



Revenue growth, %


Cost of goods sold


Gross profit

USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q1, 2016Q2, 2016Q3, 2016Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020



Cost of goods sold


Gross profit


Gross profit Margin, %

USDQ2, 2010


0.3 x


0.1 x

Financial Leverage

3.6 x
Show all financial metrics

Hanover Insurance Operating Metrics

FY, 2014FY, 2015FY, 2016


40 40 42
Show all operating metrics

Hanover Insurance Acquisitions / Subsidiaries

Company NameDateDeal Size
440 Lincoln Street Holding Company LLC
AIX Holdings
AIX Insurance Services of California
AIX Specialty Insurance Company
Allmerica Financial Alliance Insurance Company
Allmerica Financial Benefit Insurance Company
Allmerica Plus Insurance Agency
Campania Holding Company
Campmed Casualty & Indemnity Company
Show more

Hanover Insurance Cybersecurity Score

Cybersecurity ratingPremium dataset



SecurityScorecard logo

Hanover Insurance Revenue Breakdown

Embed Graph

Hanover Insurance revenue breakdown by business segment: 50.3% from Commercial Lines, 31.4% from Personal Lines, 18.1% from Chaucer and 0.2% from Other

Hanover Insurance Online and Social Media Presence

Embed Graph

Hanover Insurance News and Updates

The Hanover Insurance Group Announces Home Business Solutions

WORCESTER, Mass., Sept. 10, 2020 /PRNewswire/ -- In the last six months, nearly one in five homeowners say they have started a home-based business, according to a recent poll conducted by The Harris Poll. Yet 60% of home-based businesses are uninsured or underinsured, according to...

The Hanover Insurance Group, Inc. Declares Quarterly Dividend of $0.65 Per Common Share

WORCESTER, Mass., Aug. 31, 2020 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today its board of directors has declared a quarterly dividend of $0.65 per share on the issued and outstanding common stock of the company, payable September 25, 2020, to shareholders...

The Good And Bad: The Hanover Insurance Group & Marvell Technology Group

See two of the featured stocks from this month’s model portfolios.

The Hanover Insurance Group, Inc. Announces $150 Million ASR and $100 Million Special Cash Dividend; Raises Regular Quarterly Dividend

WORCESTER, Mass., Dec. 5, 2019 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) announced today it has entered into an accelerated share repurchase agreement ("ASR agreement") to buy back $150 million of its common stock. In addition, the company's board of directors has...

The Hanover Insurance Group To Present At The Keefe, Bruyette & Woods Insurance Conference September 4

WORCESTER, Mass., Aug. 20, 2019 /PRNewswire/ -- John C. Roche, president and chief executive officer, and Jeffrey M. Farber, executive vice president and chief financial officer at The Hanover Insurance Group, Inc. (NYSE: THG) are scheduled to speak at the KBW Insurance Conference at...

The Hanover Insurance Group to Leverage Loveland Innovations' Drones, Technology to Enhance Claims Service

PLEASANT GROVE, Utah, July 17, 2019 /PRNewswire/ -- Loveland Innovations, the leading provider of data analytics and technology solutions for insurance, today announced it will provide The Hanover Insurance Group with drone and technology capabilities, helping the company provide more...
Show more

Hanover Insurance Frequently Asked Questions

  • When was Hanover Insurance founded?

    Hanover Insurance was founded in 1852.

  • Who are Hanover Insurance key executives?

    Hanover Insurance's key executives are John C. Roche, Mark L. Berthiaume and Jeffrey M. Farber.

  • How many employees does Hanover Insurance have?

    Hanover Insurance has 4,300 employees.

  • What is Hanover Insurance revenue?

    Latest Hanover Insurance annual revenue is $4.9 b.

  • What is Hanover Insurance revenue per employee?

    Latest Hanover Insurance revenue per employee is $1.1 m.

  • Who are Hanover Insurance competitors?

    Competitors of Hanover Insurance include Pacific Life, The Hartford and Allstate.

  • Where is Hanover Insurance headquarters?

    Hanover Insurance headquarters is located at 440 Lincoln St, Worcester.

  • Where are Hanover Insurance offices?

    Hanover Insurance has offices in Worcester, Atlanta, Bedford, Bloomington and in 35 other locations.

  • How many offices does Hanover Insurance have?

    Hanover Insurance has 41 offices.