25.05.2017 22:45:00
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The Hanover Insurance Group, Inc. Appoints Bryan J. Salvatore to Lead its Domestic Specialty Business
WORCESTER, Mass., May 25, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced that Bryan J. Salvatore has been appointed executive vice president and president of specialty, effective June 12. In this role, Salvatore will lead the company's domestic specialty business, leveraging and expanding its capabilities to help the company's agent partners capitalize on the increasing opportunities in the specialty business.
Salvatore, 52, is a highly experienced, accomplished senior executive and leader with 25 years of experience in the specialty business. He joins The Hanover after 20 years with Zurich North America, where he served for the past nearly five years as president of the company's $2.2 billion specialty products business, delivering a broad range of specialty capabilities and enhanced services to its distribution partners. Previously, Salvatore led the rebuilding of Zurich's presence in the accident and health insurance space, successfully repositioning the business, expanding its product offerings and distribution. Prior to joining Zurich in 1997, Salvatore was a director in the programs division of Frank Crystal & Co., Inc., a leading brokerage firm.
"We are very excited to have Bryan join our company and our executive leadership team," said Joseph M. Zubretsky, president and chief executive officer at The Hanover. "I look forward to working with Bryan in this key leadership role, as we expand our domestic specialty business and advance our Hanover 2021 strategy, providing our agent partners with more products and services to meet their existing and new customers' evolving needs, creating opportunities in the wholesale E&S business in the U.S., and taking advantage of synergies between our domestic specialty business and our international business, Chaucer, to benefit both.
"Bryan brings tremendous experience and insight to our organization - attributes we expect will prove to be of great value as we work to further strengthen our competitive position and take our company to the next level," Zubretsky said.
About The Hanover
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions in a dynamic world. The Hanover distributes its products through a select group of independent agents and brokers. Together with its agents, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as for homes, automobiles, and other personal items. Through its international member company, Chaucer, The Hanover also underwrites business at Lloyd's of London in several major insurance and reinsurance classes, including marine, property and energy. For more information, please visit hanover.com.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/the-hanover-insurance-group-inc-appoints-bryan-j-salvatore-to-lead-its-domestic-specialty-business-300464271.html
SOURCE The Hanover Insurance Group, Inc.
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