The Hanover Insurance coverage Group, Inc. at the moment introduced it has appointed Richard W. Lavey to the newly created position of chief working officer. On this place, Lavey will play an expanded and main position within the additional growth of our enterprise technique and drive even higher integration and collaboration between our enterprise and expertise organizations, enhancing our agent and buyer worth propositions and advancing our aim to ship robust, sustainable worthwhile development going ahead.
Lavey will preserve his present obligations main private strains and core business, which incorporates the corporate’s small and center market companies. He can even proceed to guide the corporate’s gross sales and distribution, company underwriting, advertising and marketing and threat options capabilities.
With greater than 35 years of expertise within the insurance coverage and expertise industries, Lavey brings a deep information of The Hanover’s enterprise and distribution mannequin in addition to experience in advancing technique, main enterprise transformations, and galvanizing tradition. Previous to becoming a member of The Hanover in 2004, Lavey was vp of strategic initiatives for The Hartford’s property and casualty group and vp of strategic advertising and marketing for The Hartford’s Choose Buyer division. Previous to that, he labored at two software program corporations, ChannelPoint and Bowstreet, and was a method advisor for CSC Healthcare. He started his profession at The Vacationers Insurance coverage Firm.
“We’re very happy to have Dick assume this key position in our group and to have his management over our firm’s strategic operations,” mentioned John C. Roche, president and chief govt officer at The Hanover. “In our quickly altering and dynamic enterprise, we’re intently targeted on the event of strategic working fashions that ship worth for all our stakeholders and our firm. Dick is a confirmed chief who has efficiently guided our companies by transformative instances over the course of his 21 years with our firm.”
Lavey is a Phi Beta Kappa graduate of The Faculty of the Holy Cross and earned his Grasp of Enterprise Administration diploma from Harvard Enterprise College. He presently serves as Chair of the Nationwide Council on Compensation Insurance coverage (NCCI).
