WORCESTER, Mass., Feb. 20, 2017 /PRNewswire/ -- The Hanover
Insurance Group, Inc., (NYSE: THG) today announced that
John Fowle has been promoted to
chief executive officer of Chaucer Syndicates, Ltd. Fowle is
replacing Johan Slabbert, who is
leaving the company to pursue other opportunities.
Fowle has held key leadership roles at Chaucer since joining the
company in 2002, most recently serving as chief underwriting
officer, responsible for the development and execution of the
company's underwriting strategy. Previously, he was the active
underwriter of Chaucer's main syndicate, 1084. Prior to joining
Chaucer, Fowle held various underwriting positions in the
London and Lloyd's markets.
"We are thrilled to have John, with his extensive underwriting
experience and expertise, move into the lead role at Chaucer," said
Joseph M. Zubretsky, president and
chief executive officer of The Hanover. "He has played a key role on
Chaucer's leadership team, helping us develop an outstanding
underwriting discipline and culture. We look forward to continuing
to build on the strong performance of the organization under his
direction, providing responsive insurance solutions for our
brokers, coverholders and clients.
"At the same time, we thank Johan for his many contributions to
Chaucer and The Hanover,"
Zubretsky said. "Johan provided strong leadership in the face of
challenging market conditions, as Chaucer further enhanced its
competitive position as a Lloyd's specialist insurer of choice. We
wish him the best in his future endeavors."
Fowle's appointment is subject to Lloyd's and regulatory
approval.
ABOUT THE HANOVER
The
Hanover Insurance Group, Inc., based in Worcester, Mass., is the holding company for
several property and casualty insurance companies, which together
constitute one of the largest insurance businesses in the United States. For more than 160 years,
The Hanover has provided a wide
range of property and casualty products and services to
individuals, families, and businesses. The Hanover distributes its products through a
select group of independent agents and brokers. Together with its
agents, the company offers specialized coverages for small and
mid-sized businesses, as well as insurance protection 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.
Contacts:
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Investors:
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Media:
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Oksana
Lukasheva
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Michael F.
Buckley
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Email:
olukasheva@hanover.com
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Email:
mibuckley@hanover.com
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(508)
855-2063
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(508)
855-3099
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SOURCE The Hanover Insurance Group, Inc.