The Hanover names president for new alternative markets business unit

The Hanover names president for new alternative markets business unit | Insurance Business

The Hanover names president for new alternative markets business unit

The Hanover Insurance Group has announced that it has appointed Frank M. Baron as president of a newly formed business unit.

Baron has been tapped to lead the new alternative markets unit. In his role as president, Baron will lead the company’s specialty programs, excess and surplus (E&S) and specialty brokerage businesses.

“We are pleased to have Frank join our organization,” said The Hanover president of specialty Bryan J. Salvatore. “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 has a storied insurance industry career that spans 30 years.  He was most recently an executive vice president at Zurich, where he was the leader of the company’s management solutions group. Prior to working for Zurich, Baron held a number of leadership roles at American International Group (AIG) and Reliance National Insurance. He is a graduate of the New York Institute of Technology. Baron received his Master of Business Administration degree from University of Phoenix and a Master of Science degree from Boston University.

“I am excited to join The Hanover and lead the new alternative markets unit,” Baron commented. “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.” 

 

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