16 May 2018Insurance

The Hanover longtime chairman Angelini retires

US-based property/casualty insurer The Hanover's longtime chairman Michael Angelini has retired from the board after more than 30 years with the group.

Angelini joined The Hanover's board in 1995 and served as its first chairman from 2002 to 2017, when he was succeeded by current board chairman Kevin Condron. In addition to his role as chairman, Angelini has served as a member of the company's audit, compensation, and nominating and corporate governance committees. He currently is chairman of Bowditch & Dewey, a law firm representing businesses, families and institutions throughout the US Northeast Region.

The Hanover said as chairman Angelini played a key role in the successful evolution of the company, from a small, regional property and casualty insurer to a national company with a global reach that underwrites business at Lloyd's of London, with clients in countries and territories across the world.

"Mike has served our company with great distinction," said John Roche, president and chief executive officer at The Hanover. "He has made an exceptional contribution over his more than 30 years on our board, providing great vision, leadership, insight and business acumen. We thank Mike for his unwavering dedication to our company and our many stakeholders, and we wish him the best."

Condron added: "On behalf of our board of directors, I want to convey our most sincere appreciation to Mike. He has provided extraordinary leadership in his role as board chair, taking the company public, overseeing one of the most successful corporate reorganizations in the property and casualty industry, managing through critical changes in company leadership, and ensuring the company's continued success."

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