The Hanover Expands its Surety Leadership Team to Support Growth and Momentum

PR Newswire

WORCESTER, Mass., May 24, 2018 /PRNewswire/ -- The Hanover Insurance Group, Inc. (NYSE: THG) today announced it has expanded its surety leadership team to support its growth in commercial surety.

The Hanover Insurance Group, Inc. Logo. (PRNewsFoto/The Hanover Insurance Group, Inc.) (PRNewsfoto/The Hanover Insurance Group, In)

As part of this expansion, Carrick A. Bligh has been promoted to vice president of commercial surety, effective May 1. Bligh brings 14 years' experience to this role. He will oversee all of The Hanover's commercial surety business. Bligh joined the company six years ago as a regional director. Prior to joining The Hanover, Bligh held both surety leadership and underwriting roles at Berkley and Chubb.

At the same time, Theodore G. Martinez will move into the role of chief underwriting officer for commercial surety. Martinez will leverage his 35 years' experience in the industry to help The Hanover expand business with its agent partners and brokers and leverage its underwriting discipline. Martinez joined the company seven years ago.

"Over the last five years, we have developed a broad risk appetite and diverse portfolio that spans all industries within the S&P index," said Bryan J. Salvatore, president of specialty at The Hanover. "By leveraging our internal talent to expand our leadership team, we can continue to deliver on our strategy and create even greater opportunities for our agent partners."

This expansion will also help the company grow and manage its transactional surety business, which supports bonds for individuals, small accounts and surety programs that require trade related needs. The Hanover's expanded operating model will allow the company to address the unique operational requirements within the transactional surety segment.

For more information about The Hanover's surety business, please visit Agent Solutions or contact a local Hanover representative.

About The Hanover
The Hanover Insurance Group, Inc. is the holding company for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in the United States. The company provides exceptional insurance solutions in a dynamic world. The Hanover distributes its products through a select group of independent agents and brokers. Together with its agents, The Hanover offers standard and specialized insurance protection for small and mid-sized businesses, as well as 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.