Massachusetts-based property and casualty (P/C) insurer The Hanover insurance Group (THG) has appointed Frank M. Baron as the President of its newly formed Alternative Markets unit.
A veteran of 30 years, Baron joins from Zurich where he served as Executive Vice President (VP) for over 5 years. Prior to that he filled various leadership roles at American International Group (AIG) for close to a decade.
“We are pleased to have Frank join our organization,” said Bryan J. Salvatore, President of Specialty at The Hanover. “He brings a wealth of experience and will leverage the strengths within our broad and innovative capabilities to deliver programs, captive and fronting solutions and non-admitted placements, making it easier and more efficient for our partners to better serve their specialty clients.”
Baron’s new role will see him lead the company’s specialty programs, excess and surplus (E/S) and specialty brokerage businesses, while helping THG expand its business across each of these specialties and provide a more seamless solution for its agent partners.
Commenting on his appointment, Baron said, “I am excited to join The Hanover and lead the new Alternative Markets unit,” said Baron. “The Hanover has earned a strong reputation among independent agents and brokers. I am looking forward to working with the domestic specialty team to continue to drive underwriting and operational excellence for our agent partners and customers.”