Hanover coverage faucets Aetna’s Zubretsky to update Eppinger as CEO

The Hanover coverage institution these days announced that it has named Joseph M. Zubretsky president, chief government officer, and director effective June 20. He succeeds Frederick H. Eppinger, who final fall introduced his goal to retire.

Zubretsky, fifty nine, has 35 years of revel in within the coverage and economic services industries. He joins The Hanover after nearly nine years at Aetna, in which he served maximum recently as chief govt officer at Healthagen Holdings, a group of healthcare services and statistics generation organizations, and a member of Aetna’s government committee. previous to that, he turned into senior govt vice president main countrywide agencies, a $10 billion Aetna flagship business that gives fitness answers to multi-countrywide organizations, and Aetna’s executive vice president and chief financial officer.

Michael P. Angelini, chairman of The Hanover’s board of directors, said Zubretsky brings “broad insurance enjoy, a deep expertise of the unbiased employer distribution channel, a strategic orientation, chance control understanding, and an impressive file of constructing marketplace-main companies.”

Angelini had high reward for the outgoing CEO, Eppinger.  “to call Fred’s service to The Hanover first rate is to understate it. He inherited a smaller, regional employer and led its transformation over thirteen years right into a reputable, main countrywide carrier with international skills, inspiring many and growing terrific shareholder price. this is a fulfillment story of the best order,” he said.

“i am very pleased with all that our talented and committed group has accomplished, creating an business enterprise that is diagnosed as one of the quality in our industry,” Eppinger stated.

Zubretsky joined Aetna from Unum group, where he become senior executive vice president, answerable for the organisation’s finance, investments, advertising, strategy and hazard operations, from 2005 to 2007. formerly, he changed into a accomplice at the global non-public equity company of Brera Capital partners and government vice president of enterprise development and chief economic officer at MassMutual economic institution. He began his profession as an accountant at Coopers & Lybrand, becoming associate of its country wide insurance industry institution.

The Hanover coverage institution, Inc., primarily based in Worcester, Mass., is the conserving organisation for several property/casualty insurance groups. through its international member employer, Chaucer, The Hanover also underwrites enterprise at Lloyd’s of London.