The Hanover Insurance Group, Inc. Elects J. Paul Condrin III to Board of Directors
March 01, 2021 at 08:35 am EST
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The Hanover Insurance Group, Inc. announced J. Paul Condrin III has been elected to the company's board of directors, effective Feb. 26. Condrin is a seasoned executive with expansive knowledge of the property and casualty insurance industry, having served in various executive leadership roles at Liberty Mutual for nearly 30 years. Most recently, he served as executive vice president and president of commercial insurance, from 2012 until his retirement in 2018. In this capacity, he oversaw the company's $10 billion commercial operation and led transformational and profitable change in the organization. During his time at Liberty Mutual, Condrin also served as president and chief executive officer of Liberty Mutual Agency, president of commercial markets, president of personal markets, corporate chief financial officer and corporate comptroller.
The Hanover Insurance Group, Inc. is the holding company, which is engaged in the business of property and casualty insurance products and services. The Company operates through three segments: Core Commercial, Specialty, Personal Lines and Other. Core Commercial product suite provides agents and customers with products designed for small and mid-sized businesses. Core Commercial segment coverages include commercial multiple peril, workersâ compensation, and other core commercial. Specialty segment offers a comprehensive suite of products focused predominately on small to mid-sized businesses. This includes various specialized products that are organized into four distinct divisions: Professional and Executive Lines, Specialty Property & Casualty, Marine, and Surety and Other. Personal Lines segment coverages include Personal automobile, and Homeowners and other personal lines. The Other segment primarily includes Opus, which provides investment advisory services to affiliates.