WORCESTER, Mass., Nov. 20,
2023 /PRNewswire/ -- The Hanover Insurance Group,
Inc. (NYSE: THG) today announced it has appointed Stephen P. Marohn president of specialty
property and casualty. In this role, Marohn will be responsible
for leading the company's excess and surplus (E&S)
business, specialty industrial business, Hanover
Programs, specialty general liability and Hanover Specialty
Insurance Brokers (HSIB).
With more than 30 years of wide-ranging industry experience and
an accomplished background in commercial and specialty property and
casualty insurance, Marohn most recently served as senior vice
president of small business at CNA Insurance. Over the course of
his 10 years with CNA, his responsibilities included oversight of
the businesses and zone leadership for product lines such as
primary and excess casualty, package, and property across segments,
including small business, middle market, and national accounts.
Prior to joining CNA in 2013, Marohn held a number of senior
leadership roles throughout the 18 years he spent at AIG. He served
as executive vice president at AIG's Japan Holdings KK
operation leading the commercial portfolio for Japan and South
Korea, held field leadership roles in California and Ohio, and led the National Accounts marketing
segment for the Great Lakes Region.
"We are very pleased to welcome Steve to our company and to this
important role within our specialty business," said Bryan J.
Salvatore, executive vice president and president of specialty at
The Hanover. "Steve's breadth of
experience and approach to leadership will bring immediate value to
our talented teams as well as the agents, wholesalers, and program
administrators with whom we work. Under his leadership, we look
forward to expanding these important businesses to meet the growing
specialty needs of our key stakeholders and to driving even more
sustainable profitable growth across our specialty segment."
Marohn graduated from The Ohio State
University with a bachelor's degree in business
administration with a concentration in marketing. He holds the
Charters Property Casualty Underwriter (CPCU) designation and has
served on and chaired several non-profit boards supporting the
insurance industry, such as Insurance Industry Charitable
Foundation and Gamma Iota Sigma.
For more information about The Hanover, please visit hanover.com.
About The Hanover
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 through a select group of
independent agents and brokers. Together with its agent partners,
The Hanover offers standard and
specialized insurance protection for small and mid-sized
businesses, as well as for homes, automobiles, and other personal
items. For more information, please visit hanover.com.
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SOURCE The Hanover Insurance Group, Inc.