Hanover appoints new CEO of Lloyd's insurer Chaucer

The Hanover Insurance Group has promoted John Fowle to the role of chief executive officer (CEO) of Chaucer Syndicates, its international member company that underwrites business at Lloyd's of London.

Fowle replaces Johan Slabbert, who is leaving the company to pursue other opportunities.

Fowle has held key leadership roles at Chaucer since joining the company in 2002, most recently serving as chief underwriting officer (CUO), responsible for the development and execution of the company's underwriting strategy. Previously, he was the active underwriter of Chaucer's main syndicate 1084.

Prior to joining Chaucer, Fowle held various underwriting positions in the London and Lloyd's markets.

Joseph Zubretsky, president and CEO of Hanover, said: "We are thrilled to have John, with his extensive underwriting experience and expertise, move into the lead role at Chaucer. He has played a key role on Chaucer's leadership team, helping us develop an outstanding underwriting discipline and culture. We look forward to continuing to build on the strong performance of the organisation under his direction, providing responsive insurance solutions for our brokers, coverholders and clients.

"At the same time, we thank Johan for his many contributions to Chaucer and The Hanover," Zubretsky added. "Johan provided strong leadership in the face of challenging market conditions, as Chaucer further enhanced its competitive position as a Lloyd's specialist insurer of choice. We wish him the best in his future endeavors."

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