Hanover Insurance (THG)

Overall impact
C (54)

Commentary

Hanover Insurance is an average overall performer. With a 'C' rating of 54.1 for overall impact (50th percentile compared to all companies), Hanover Insurance ranks 35th out of 83 industry peers, behind The Hartford, Sun Life Financial, Kingstone Companies and 31 others, and ahead of Allstate, AIG, Oxbridge RE and 45 others. On top material causes for Hanover Insurance's industry (Insurance), Hanover Insurance performs well in Equal Pay and Opportunity (82.3 score) and performs poorly in Racial Justice and Civil Rights (30.6 score), Fair Labor Practices (29.9) and Free, Secure Flow of Information (35.4).
Impact
Cause THG
Peer rank
Overall impact

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Impact trend

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Company
Founded
1852
Employees
4,900
Sector
Financials
Industry
Insurance
Sub-industry
Property & Casualty Insurance
SASB industry
Insurance
Headquarters
Ma, United States
Share classes
THG
Mission
Committed to delivering on our promises and being there when it matters the most.
Description
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. It offers commercial multiple peril, workers' compensation, commercial automobile, and other commercial lines coverage; and professional and executive lines, marine, and surety and other, as well as specialty property and casualty comprising Hanover program business, excess and surplus business, Hanover specialty industrial, and specialty general liability business coverage. The company also provides personal automobile; and homeowners and other personal lines, including residences and personal property, liability claims, personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. It markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
Material causes
Ethos considers the following causes material for Hanover Insurance, based on its industry sub-industry Property & Casualty Insurance. Learn more about material causes in our methodology overview.

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