The Hanover Insurance Group Tackles Amateur Sports and Fitness Insurance - Insurance News | InsuranceNewsNet

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April 14, 2011 Newswires
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The Hanover Insurance Group Tackles Amateur Sports and Fitness Insurance

WORCESTER, Mass., April 14, 2011 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG), a leading provider of property and casualty insurance products for businesses, individuals and families nationwide, announced today that it has introduced The Hanover Sports & Fitness Advantage, a new set of capabilities for amateur sports, fitness-related businesses and organizations.

(Logo:  http://photos.prnewswire.com/prnh/20051031/NEM023LOGO )

The new offering builds on the company's already distinctive suite of industry programs, which provide specialized coverages and limits for schools, human services agencies, moving and storage companies, chauffeured transportation, document destruction businesses, religious institutions and marina and boat dealers, among others.

Sports & Fitness Advantage

The fitness and amateur sports industry is one of the fastest growing segments of our economy, with steady expansion projected through the next decade, making it an excellent market for growth-minded agents.

The program is available for a broad range of businesses, including:

  • Fitness and Recreation Sports Centers, such as health clubs, tennis clubs, aerobic studios and yoga and pilates studios
  • Sports and Recreation Instruction, such as youth sports camps and clinics, dance schools and coaches clinics
  • Amateur Sports, such as teams and leagues, tournaments and events, complexes, coaches and officials

Everything Agents Need to Play Their Best Game

The Hanover's Sports & Fitness Advantage program encompasses a broad, flexible line of industry specific products to help provide complete protection, along with specialized loss control and claims services.

"We are dedicated to continuing to grow our distinctive suite of industry capabilities to meet the needs of our partners who are increasingly becoming more specialized," said Jack Roche, President, Business Insurance at The Hanover Insurance Group. "With this in mind, we are pleased to launch a comprehensive program that meets the specialized needs of the amateur sports and fitness industry."

Specifically, The Hanover's Sports & Fitness Advantage provides customized coverage for, commercial property, general liability, auto, umbrella, , employment practices liability, emergency event management, professional liability and green buildings. The unique program also offers:

  • amateur sports  and fitness center general liability broadening endorsements
  • a range of customizable property broadening endorsements
  • business income coverage for members' unused portion of prepaid dues in the event that the operation is suspended
  • sexual and physical abuse with innocent party defense options
  • professional liability for trainers, officials and other health club professionals

Agents interested in more detail should contact one of The Hanover's local branch offices or visit the Agent section of the company's web site at www.hanover.com.

About The Hanover

The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester, Citizens Insurance Company of America, headquartered in Howell, Michigan, and their affiliates.

The Hanover offers a wide range of property and casualty products and services to businesses, individuals and families through a select group of independent agents. The company is ranked among the top 25 property and casualty insurers in the United States and has been meeting its obligations to its agent partners and their customers for nearly 160 years. The Hanover maintains excellent ratings from A.M. Best, Standard & Poor's and Moody's. For more information, please visit www.hanover.com.

CONTACT:

Investor Relations

Media Relations

Oksana Lukasheva

Amy Banek

[email protected]

[email protected]

(508) 855- 2063

<p style=" margin:0in;">(508) 855-4486

SOURCE The Hanover Insurance Group, Inc.

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