The Hanover Names Tony de Padua To Lead Corporate Product and Underwriting Functions
WORCESTER, Mass. Jan. 4 /PRNewswire-FirstCall/ -- The Hanover Insurance Group, Inc. (NYSE: THG), a leading property and casualty insurance provider, today announced that it has named Tony de Padua as a member of the company's executive leadership team.
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In this role, de Padua will lead the company's corporate commercial lines product and underwriting functions. Additionally, he will have direct responsibility for The Hanover's growing marine and umbrella businesses, driving continued profitable growth and building new niche products for lucrative markets, such as the technology industry. He will be based in The Hanover's Worcester headquarters.
"We are extremely pleased that Tony has joined our team," said Marita Zuraitis, president of The Hanover's property and casualty companies. "As we continue to expand our commercial lines organization, it is important that our senior leadership team is aligned to effectively manage our risk management capabilities as well as our continued expansion. Tony's tremendous knowledge and skill will help us achieve our goal of becoming one of the best commercial lines businesses in the industry."
De Padua brings more than 30 years experience to The Hanover, having worked in the field and in field support leadership roles with CNA, The St. Paul Companies, Allstate and Aetna.
Most recently, he was senior vice president, commercial segments at CNA with strategic and operational responsibility for risk management casualty and middle market business, as well as strategic responsibility for the construction and technology practices.
Prior to joining CNA in 2003, de Padua was president of construction at The St. Paul Companies, where he served in various leadership roles since 1996. Before that, he was chief underwriting and loss control officer at Allstate.
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, Mich., and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents, and has been meeting its obligations to its agent partners and their customers for more than 150 years. Taken as a group, The Hanover ranks among the top 30 property and casualty insurers in the United States.
CONTACTS: Investor Relations Media Relations Robert P. Myron Oksana Lukasheva Amy Lynn Banek [email protected] [email protected] [email protected] (508) 855-2200 (508) 855- 2063 (508) 855-4486
SOURCE The Hanover Insurance Group, Inc.
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