The Hanover, based mostly in Worcester, Massachusetts, named Dick Lavey to the newly created function of chief working officer, the property-casualty insurer stated.
Lavey has 35 years of expertise in insurance coverage and expertise, together with the previous 19 years at The Hanover Group. Since 2017, he has been government vice chairman for company markets. He’ll proceed to guide private strains and business enterprise, in addition to gross sales and distribution, company underwriting, advertising, and danger options capabilities, the corporate stated in a information launch.
He additionally will lead the collaboration between the corporate’s enterprise and expertise organizations.
Lavey holds a grasp’s in enterprise administration from Harvard Enterprise College. Previous to becoming a member of The Hanover in 2004, Lavey was vice chairman of strategic initiatives for The Hartford’s property and casualty group and was vice chairman of strategic advertising for The Hartford’s Choose Buyer division. Previous to that, he labored at two software program corporations, ChannelPoint and Bowstreet, and was a technique advisor for CSC Healthcare. He started his profession at The Vacationers Insurance coverage Firm.
The Hanover is without doubt one of the oldest insurance coverage companies within the nation. It was based in 1852, underwent a reputation change, then rebranded within the Nineteen Nineties.
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