Hanover Insurance promotes veteran executive to division president

Photo | Courtesy of The Hanover Insurance Group Hanover Insurance Group President of Small Commercial Charles Hamann

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By Timothy Doyle

The Hanover Insurance Group in Worcester promoted Charles Hamann to the role of president of small commercial.

Hamann has served with The Hanover since 2002 and previously served as the company's deputy president and chief underwriting officer of small commercial, according to a Thursday press release from the insurer. Before joining The Hanover, Hamann held the role of president, small business at Boston-based OneBeacon Insurance and vice president, commercial lines at Chubb Insurance, which is headquartered in New Jersey.

"Chip was an integral player in helping to architect the profitable growth of our small commercial portfolio, and we are excited to see him step into this new role," Richard Lavey, president, Hanover Agency Markets said in the press release. "He is well respected as a leader, and his extensive experience will help him capitalize on the momentum of our small commercial business and drive even greater growth, while serving the needs of our agent partners and our small business customers."

Hamann replaces Michael Keane, who is now president of core commercial at the company, according to Hanover's website.

The Hanover Insurance Group is in the top 25 largest employers in Central Massachusetts with 1,600 local employees and 4,600 total employees, according to the WBJ Research Department. The company trades on the New York Stock Exchange and reported nearly $5.5 billion in revenue in 2022.