Hanover Insurance names new division president

PHOTO | Courtesy of the Hanover Insurance Group Stephen Marohn, president of specialty property and casualty for the Hanover Insurance Group in Worcester

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By Isabel Tehan

Stephen Marohn has been named president of specialty property and casualty for the Hanover Insurance Group in Worcester. He will lead several groups at the insurance company, including excess and surplus business, specialty industrial business, and specialty general liability.

Marohn was most recently vice president of small business at CNA Insurance, based in Chicago, according to a Nov. 20 press release from Hanover. He replaces Frank Baron, who left the role to become president and COO of New York-based Blitz Insurance.

“Steve's breadth of experience and approach to leadership will bring immediate value to our talented teams as well as the agents, wholesalers, and program administrators with whom we work. Under his leadership, we look forward to expanding these important businesses to meet the growing specialty needs of our key stakeholders and to driving even more sustainable profitable growth across our specialty segment,” Bryan Salvatore, Hanover executive vice president and president of specialty, said in the press release.

Marohn holds a bachelor’s degree from The Ohio State University and has the Charters Property Casualty Underwriter designation.