WORCESTER, Mass., Feb. 20, 2017 /PRNewswire/ -- The Hanover Insurance Group, Inc., (NYSE: THG) today announced that
John Fowle has been promoted to chief executive officer of Chaucer Syndicates, Ltd. Fowle is
replacing Johan Slabbert, who is leaving the company to pursue other opportunities.
Fowle has held key leadership roles at Chaucer since joining the company in 2002, most recently serving as chief underwriting
officer, responsible for the development and execution of the company's underwriting strategy. Previously, he was the active
underwriter of Chaucer's main syndicate, 1084. Prior to joining Chaucer, Fowle held various underwriting positions in the
London and Lloyd's markets.
"We are thrilled to have John, with his extensive underwriting experience and expertise, move into the lead role at Chaucer,"
said Joseph M. Zubretsky, president and chief executive officer of The Hanover. "He has played a key role on Chaucer's leadership team, helping us develop an outstanding
underwriting discipline and culture. We look forward to continuing to build on the strong performance of the organization under
his direction, providing responsive insurance solutions for our brokers, coverholders and clients.
"At the same time, we thank Johan for his many contributions to Chaucer and The Hanover,"
Zubretsky said. "Johan provided strong leadership in the face of challenging market conditions, as Chaucer further enhanced its
competitive position as a Lloyd's specialist insurer of choice. We wish him the best in his future endeavors."
Fowle's appointment is subject to Lloyd's and regulatory approval.
ABOUT THE HANOVER
The Hanover Insurance Group, Inc., based in Worcester, Mass., is the holding company
for several property and casualty insurance companies, which together constitute one of the largest insurance businesses in
the United States. For more than 160 years, The Hanover has
provided a wide range of property and casualty products and services to individuals, families, and businesses. The Hanover distributes its products through a select group of independent agents and brokers. Together with its
agents, the company offers specialized coverages for small and mid-sized businesses, as well as insurance protection for homes,
automobiles, and other personal items. Through its international member company, Chaucer, The Hanover also underwrites business at Lloyd's of London in several major
insurance and reinsurance classes, including marine, property and energy. For more information, please visit hanover.com.
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SOURCE The Hanover Insurance Group, Inc.