The Culture At The Hanover Insurance Group

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The Hanover Insurance Group Overview

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. The Hanover is committed to making a difference, in its business and in the communities it calls home. For generations, their company and their employees have worked together to make the communities where they live and work healthier, stronger, and more vibrant.
The staff at The Hanover Insurance Group come from unusually diverse demographic backgrounds. The company is 51.9% female and 36.0% ethnic minorities. The diversity in The Hanover Insurance Group employees extends to employee political beliefs. Its employees are politically diverse and represent a balanced blend of political orientations, with 51.5% Democrats and 48.5% Republicans. Despite their political differences, employees at The Hanover Insurance Group seem to be happy. The company has great employee retention with staff members usually staying for 5.4 years. The average employee at The Hanover Insurance Group makes $71,343 per year, which is competitive for its industry and location. Some of its highest paying competitors, AIG, Zurich, and Great American Insurance, pay $84,115, $76,684, and $69,663, respectively.
Based in Massachusetts, The Hanover Insurance Group is a key player in the insurance industry with 4,600 employees and an annual revenue of $5.2B.

The Organization’s Mission

Creating value for our customers, agents, employees, and shareholders is the core of our mission.

Industry

Insurance

Revenue

$5.2B

Employees

4,600

Founded in

1852

Headquarters

Worcester, MA

Website

www.hanover.com

Organization Type

Public

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The Hanover Insurance Group Employee Reviews

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5.0

Zippia UserJuly 2019

5.0

Zippia Official LogoZippia UserJuly 2019

What Do You Like About Working There?

Good work life balance. Challenging and rewarding work. Strong career advancement potential.

What DON'T You Like About Working There?

Hiring process is slow. Too many qualifying interviews.

What Are Your Favorite Benefits/Perks?

401K participation and generous company match.
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The Team At The Hanover Insurance Group

Key People

John Conner Roche

The Hanover Insurance Group Company Rankings

The Hanover Insurance Group is ranked #13 on the Best Insurance Companies to Work For in America list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

The Hanover Insurance Group Salaries

9.5
Salary Score
The national average salary for a The Hanover Insurance Group employee in the United States is $71,343 per year. Employees in the top 10 percent can make over $126,000 per year, while employees at the bottom 10 percent earn less than $40,000 per year.
Average The Hanover Insurance Group Salary
$71,343 yearly
$34.30 hourly
Updated August 22, 2022
$40,000
10 %
$71,000
Median
$126,000
90 %
Average Employee Earnings

Highest Paying Jobs At The Hanover Insurance Group

The Hanover Insurance Group Demographics Summary

9.8
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

The Hanover Insurance Group Gender Distribution

Male
Male
48%
Female
Female
52%

Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for The Hanover Insurance Group. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:

  • The Hanover Insurance Group has 4,600 employees.

  • 52% of The Hanover Insurance Group employees are women, while 48% are men.

  • The most common ethnicity at The Hanover Insurance Group is White (64%), followed by Hispanic or Latino (11%) and Asian (11%).

  • The Hanover Insurance Group employees are most likely to be members of the democratic party.

  • On average, employees at The Hanover Insurance Group stay with the company for 5.4 years.

  • The average employee at The Hanover Insurance Group makes $71,343 per year.

Biggest The Hanover Insurance Group Locations

Rank  City  Job Count  
1New York, NY7
2Houston, TX5
3San Antonio, TX5
4Dallas, TX5
5Atlanta, GA5
6Denver, CO4
7Chicago, IL3
8Austin, TX3
9Washington, DC3
10Boston, MA3

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The Hanover Insurance Group Employee Political Affiliation

The Hanover Insurance Group employees are most likely to be members of the Democratic Party. The largest donation made to a political party by a The Hanover Insurance Group employee was by Robert Dugger. Robert Dugger donated $91,250 to the Democratic Party.

Parties

Democratic Party

51.5 %
-

Republican Party

48.5 %
-

Employee Political Donations

Name  Job Title  Party  Donation  
Robert DuggerInvestorDemocratic Party$91,250
Donald YoungChief Executive OfficerRepublican Party$5,200
Frederick EppingerPresident/Chief Executive OfficerRepublican Party$4,500
Rob DuggerInvestorDemocratic Party$3,600
Jessica MayerVice PresidentDemocratic Party$3,156
Patrick FeeExecutiveRepublican Party$3,000
Lee HwangReal Estate AppraiserDemocratic Party$2,500
Beth EdickPrincipalRepublican Party$2,500
James PeteUnderwriterRepublican Party$1,985
Frederick Eppinger JrPresident/Chief Executive OfficerDemocratic Party$1,750
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The Hanover Insurance Group Employment Videos

The Hanover Insurance Group Financial Performance

9.9
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

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The Hanover Insurance Group Competitors

Some of the competitors of The Hanover Insurance Group are AIG, Zurich, and Great American Insurance. The average salaries at AIG rank the highest, with their employees earning an average salary of $84,115 per year. The employees at Zurich earn an average yearly salary of $76,684 per year, and the salaries at Great American Insurance average $69,663 per year.
Companydesc
Average Salarydesc
AIG
Salary Range62k - 113k$84k$84,115
Zurich
Salary Range54k - 107k$77k$76,684
Great American Insurance
Salary Range50k - 95k$70k$69,663
QBE Insurance Group
Salary Range50k - 93k$69k$68,535
Philadelphia Insurance Companies
Salary Range49k - 92k$68k$67,801
Citizens Property Insurance
Salary Range52k - 86k$67k$67,290
The Travelers Companies
Salary Range47k - 92k$66k$66,351
Chubb
Salary Range47k - 89k$65k$65,349
Mercury Insurance
Salary Range45k - 84k$62k$61,914
CNA Insurance
Salary Range43k - 85k$61k$61,107
$32k
$113k

Frequently Asked Questions about The Hanover Insurance Group

When was The Hanover Insurance Group founded?

The Hanover Insurance Group was founded in 1852.

How many Employees does The Hanover Insurance Group have?

The Hanover Insurance Group has 4,600 employees.

How much money does The Hanover Insurance Group make?

The Hanover Insurance Group generates $5.2B in revenue.

What industry is The Hanover Insurance Group in?

The Hanover Insurance Group is in the insurance industry.

What is The Hanover Insurance Group's mission?

The Hanover Insurance Group's mission statement is "Creating value for our customers, agents, employees, and shareholders is the core of our mission."

What type of company is The Hanover Insurance Group?

The Hanover Insurance Group is a public company.

Who are The Hanover Insurance Group's competitors?

The Hanover Insurance Group competitors include Chubb, CNA Insurance, The Travelers Companies, Zurich, Philadelphia Insurance Companies, Progressive, Fireman's Fund Insurance Company, Farmers Insurance, Safeco Insurance, Crawford & Company, Kemper, Citizens Property Insurance, Infinity Insurance, QBE Insurance Group, Mercury Insurance, Great American Insurance, AIG, Sentry, Kingsway America, Arbella Insurance.

Who works at The Hanover Insurance Group?

John Conner Roche (CEO / President)

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Zippia gives an in-depth look into the details of The Hanover Insurance Group, including salaries, political affiliations, employee data, and more, in order to inform job seekers about The Hanover Insurance Group. The employee data is based on information from people who have self-reported their past or current employments at The Hanover Insurance Group. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by The Hanover Insurance Group. The data presented on this page does not represent the view of The Hanover Insurance Group and its employees or that of Zippia.

The Hanover Insurance Group may also be known as or be related to Hanover Group Inc, The Hanover Insurance Group, The Hanover Insurance Group Inc and The Hanover Insurance Group, Inc.