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The Hanover Insurance Group Introduces Management Liability Coverage For Nonprofits

- Great Coverage for the Greater Good -

WORCESTER, Mass., Sept. 8 /PRNewswire-FirstCall/ -- With funding on a decline and the need for resources on the rise, more nonprofit organizations are being challenged to do more with less, increasing their exposures and leaving them more vulnerable than ever to devastating lawsuits.

(Logo: http://www.newscom.com/cgi-bin/prnh/20051031/NEM023LOGO )

To help nonprofit organizations protect their resources and their reputations, The Hanover Insurance Group, Inc. (NYSE: THG), a leading property and casualty company, today announced the launch of a new non-profit management liability program, Hanover Nonprofit Management Liability Advantage. The coverage is part of the company's Hanover Professional Portfolio, a growing selection of professional liability and management liability products designed to help the company's agent partners be more distinctive in their local markets.

The competitively-priced program is flexible and can be tailored to meet every organization's unique needs. Coverages include directors, officers and organizations liability; employment practices liability; fiduciary liability; and numerous specialized coverage enhancements.

"While non-profit organizations are operating for the greater good, they often face the same exposures as for-profit companies -- threatening their mission and future," said Helen Savaiano, vice president, management liability at The Hanover. "With that in mind, we are very pleased to add Hanover Nonprofit Advantage to our growing management liability suite, which includes, distinctive, industry-specific programs which help to enhance and secure unique positions in the marketplace for our agent partners."

She continued, "Because this is such a complex business, we have assembled a highly-experienced team of management liability experts to support this program, including specialized underwriters and legal and claims professionals."

Hanover Nonprofit Management Liability Advantage helps nonprofit organizations of all types and sizes address their risk management needs. Eligible nonprofits include cultural organizations; charitable foundations; scientific organizations; social services, educational institutions; healthcare organizations and professional associations.

This new product combined with the company's other programs involving nonprofit organizations-such as The Hanover's Human Services Advantage Program and Religious Institutions Advantage-demonstrates The Hanover's commitment to providing comprehensive market solutions.

Nonprofits interested in this coverage should contact a Hanover agent, which can be found at www.hanover.com, by clicking on "Find an Agent." Agents interested in more detail about Hanover Nonprofit Management Liability Advantage or The Hanover should contact one of The Hanover's local branch offices or visit the Agent section of the company's web site at www.hanover.com.

About The Hanover

The Hanover Insurance Group, Inc. (NYSE: THG), based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester; Citizens Insurance Company of America, headquartered in Howell, Mich., and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents, and has been meeting its obligations to its agent partners and their customers for more than 150 years. Taken as a group, The Hanover ranks among the top 30 property and casualty insurers in the United States.

    CONTACTS:
    Investor Relations                    Media Relations
    Oksana Lukasheva                      Amy Lynn Banek
    E-mail: [email protected]        E-mail: [email protected]m
    1-508-855-2063                        1-508-855-4486

SOURCE The Hanover Insurance Group, Inc.

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