The Hanover Insurance Group, a US-based property/casualty insurer, has appointed Frank Baron as president of its newly formed alternative markets business unit within the company's domestic specialty group.
Baron joins from Zurich, where he headed up the company's management solutions group as executive vice president. He has also held various leadership roles at American International Group (AIG) and Reliance National Insurance during his 30-year career.
"We are pleased to have Frank join our organisation," said Bryan 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."
In this role, Baron will lead the company's specialty programs, excess and surplus (E&S) and specialty brokerage businesses.
"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."
The Hanover, Zurich, Appointment, Frank Baron, Captive insurance, Alternative markets, North America