WORCESTER – On Tuesday, Oct. 10 the Hanover Insurance Group announced John C. Roche has been appointed president and chief executive officer, effective Nov. 4.
Roche will take over for Joseph M. Zubretsky, who has accepted a career opportunity outside of the property and casualty industry. Zubretsky will remain with the company through Nov. 3.
Roche, 54, is currently president of Hanover Agency Markets and runs The Hanover’s personal and commercial lines. He has been an executive with the company since 2008 and has more than 30 years of experience in the property and casualty business.
“I am honored and very excited to have the opportunity to lead our great organization,” Roche said. “Over the course of my many years at The Hanover, I have developed an incredible respect for the organization and its committed team. I look forward to working with this team to deliver on our strategy, providing innovative insurance solutions through the best independent agents in the business, and delivering significant value to our customers, shareholders and other stakeholders.”
Roche joined The Hanover Insurance Group in 2006 and has severed in multiple senior leadership positions in business insurance, field operations, marketing and distribution, commercial lines underwriting and product management. He previously worked in senior roles at St. Paul Travelers Companies before joining Hanover.
“We are very pleased to have Jack move into the role of president and chief executive officer,” said Kevin Condron, chairman of the board at The Hanover. “Jack has been a key member of our leadership team for many years. He has played a critical role in the successful expansion of our company, working closely with the board and others, helping to position The Hanover over the past decade as the best partner for independent agents and one of the very best companies in our business. He brings passion, vision and tremendous knowledge of our industry, our company, and the independent agency distribution channel to the role, working with our talented team to set the stage for an even more successful future.”
“I’m looking forward to continuing to work with Jack to build on The Hanover’s strong financial performance and creating value for our shareholders and all our stakeholders,” said Jeffrey M. Farber, executive vice president and chief financial officer at The Hanover. “Excluding catastrophes, we anticipate achieving our original third quarter expectations when we report our quarterly earnings on Nov. 1. The company continues to enjoy strong growth and earnings momentum, and we will continue to capitalize on these trends.”