As part of strategic approach towards business expansion
The Hanover Insurance Group, a provider of property and casualty insurance, has unveiled its plans to expand with seven state launches in the West, including Arizona, California, Colorado, New Mexico, Oregon, Utah and Washington.
The company, which is planning to appoint 200 agents in these states, has assembled a team of employees and developed a suite of middle market, niche and specialty products for the region.
Frederick Eppinger, CEO of The Hanover Insurance Group, said: We are very pleased with the significant progress we have made and thrilled to begin writing business in these seven states. Our launch into the West is part of a strategic and disciplined approach to growth, which is enabling us to capitalize on our strong momentum, the increasing interest in our products and services outside of our current footprint, and a number of emerging opportunities with some of the country’s best independent agents.
The Hanover has opened offices in Denver and Sacramento and plans to open offices in Phoenix, Los Angeles, San Francisco, and Seattle.
Moreover, The Hanover has planned to offer agent partners in the West access to a complement of Avenues commercial lines products, as well as a suite of middle market niches, industry segments and specialty offerings, which align well with business opportunities in the region. The agents also will gain access to programs, inland marine and management liability solutions. And, in California, The Hanover plans to offer its full suite of Avenues small commercial products, as well.