Richard W.  Lavey net worth and biography

Richard Lavey Biography and Net Worth

Dick joined The Hanover in 2004 and has held a number of marketing and leadership roles in the home office, as well as in the field over the last 16 years. He is currently president, Hanover Agency Markets and chief marketing officer overseeing a $3.4 billion portfolio. Previously, he led the company’s innovation initiative as chief growth innovation officer, and was president of personal lines. He also served as regional president for The Hanover’s Northeast Region, and as vice president of field operations and marketing.

Prior to joining The Hanover, Dick was vice president of strategic initiatives for The Hartford’s property and casualty organization and vice president, strategic marketing for The Hartford’s Select Customer division. Prior to that, Dick worked at two software companies, ChannelPoint and Bowstreet, and was a strategy consultant for CSC Healthcare. He began his career at The Travelers Insurance Company.

Dick is a Phi Beta Kappa graduate of The College of the Holy Cross and earned his Master of Business Administration degree from Harvard Business School.

What is Richard W. Lavey's net worth?

The estimated net worth of Richard W. Lavey is at least $2.60 million as of May 7th, 2019. Mr. Lavey owns 20,637 shares of The Hanover Insurance Group stock worth more than $2,603,770 as of March 18th. This net worth estimate does not reflect any other assets that Mr. Lavey may own. Additionally, Mr. Lavey receives a salary of $1,270,000.00 as EVP at The Hanover Insurance Group. Learn More about Richard W. Lavey's net worth.

How old is Richard W. Lavey?

Mr. Lavey is currently 56 years old. There are 6 older executives and no younger executives at The Hanover Insurance Group. The oldest executive at The Hanover Insurance Group is Mr. Warren Ellison Barnes, Senior VP, Corporate Controller & Principal Accounting Officer, who is 62 years old. Learn More on Richard W. Lavey's age.

What is Richard W. Lavey's salary?

As the EVP of The Hanover Insurance Group, Inc., Mr. Lavey earns $1,270,000.00 per year. There are 2 executives that earn more than Mr. Lavey. The highest earning executive at The Hanover Insurance Group is Mr. John Conner Roche, President, CEO & Director, who commands a salary of $2,870,000.00 per year. Learn More on Richard W. Lavey's salary.

How do I contact Richard W. Lavey?

The corporate mailing address for Mr. Lavey and other The Hanover Insurance Group executives is 440 LINCOLN ST, WORCESTER MA, 01653. The Hanover Insurance Group can also be reached via phone at (508) 855-1000 and via email at [email protected]. Learn More on Richard W. Lavey's contact information.

Has Richard W. Lavey been buying or selling shares of The Hanover Insurance Group?

Richard W. Lavey has not been actively trading shares of The Hanover Insurance Group over the course of the past ninety days. Learn More on Richard W. Lavey's trading history.

Who are The Hanover Insurance Group's active insiders?

The Hanover Insurance Group's insider roster includes Warren Barnes (SVP), Jane Carlin (Director), Jeffrey Farber (EVP), Richard Lavey (EVP), John Roche (CEO), Bryan Salvatore (EVP), Ann Tripp (EVP), and Mark Welzenbach (EVP). Learn More on The Hanover Insurance Group's active insiders.

Are insiders buying or selling shares of The Hanover Insurance Group?

In the last twelve months, insiders at the insurance provider sold shares 2 times. They sold a total of 1,746 shares worth more than $207,663.84. The most recent insider tranaction occured on February, 2nd when SVP Warren E Barnes sold 500 shares worth more than $65,570.00. Insiders at The Hanover Insurance Group own 2.4% of the company. Learn More about insider trades at The Hanover Insurance Group.

Information on this page was last updated on 2/2/2024.

Richard W. Lavey Insider Trading History at The Hanover Insurance Group

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Richard W. Lavey Buying and Selling Activity at The Hanover Insurance Group

This chart shows Richard W. Lavey's buying and selling at The Hanover Insurance Group by year and by quarter.

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The Hanover Insurance Group Company Overview

The Hanover Insurance Group logo
The Hanover Insurance Group, Inc., through its subsidiaries, provides various property and casualty insurance products and services in the United States. The company operates through four segments: Core Commercial, Specialty, Personal Lines, and Other. The Commercial Lines segment offers commercial multiple peril, commercial automobile, workers' compensation, and other commercial lines coverage. The Specialty segment provides professional and executive Lines, marine, and surety and other, as well as specialty P&C, such as program business, specialty industrial and commercial property, excess and surplus lines, and specialty general liability coverage. The Personal Lines segment offers personal automobile and homeowner's coverages, as well as other personal coverages, such as personal umbrella, inland marine, fire, personal watercraft, personal cyber, and other miscellaneous coverages. The Other segment markets investment management services to institutions, pension funds, and other organizations. The Hanover Insurance Group, Inc. markets its products and services through independent agents and brokers. The company was formerly known as Allmerica Financial Corp. and changed its name to The Hanover Insurance Group, Inc. in December 2005. The Hanover Insurance Group, Inc. was founded in 1852 and is headquartered in Worcester, Massachusetts.
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Today's Range

Now: $126.17
Low: $126.03
High: $129.56

50 Day Range

MA: $130.39
Low: $122.43
High: $136.58

2 Week Range

Now: $126.17
Low: $103.82
High: $138.00

Volume

235,099 shs

Average Volume

161,951 shs

Market Capitalization

$4.52 billion

P/E Ratio

134.22

Dividend Yield

2.63%

Beta

0.67