Home / News / Hanover Insurance Group, Inc. (NYSE: THG): The Hanover Enhances Education Advantage Product Suite;

Hanover Insurance Group, Inc. (NYSE: THG): The Hanover Enhances Education Advantage Product Suite;

As a leading provider of insurance protection for educational institutions, The Hanover Insurance Group, Inc. (NYSE: THG) recently declared it has expanded its Hanover Education Advantage product suite to include improved and broadened coverages, providing its agent partners with more opportunities to tailor insurance protection to the needs of their clients.
The improved Hanover Education Advantage includes:
School and educators legal liability coverage with expanded deductibles and deductible types, a separate aggregate limit for employment practices liability, improved coverages for professional services and broader language related to Title IX civil rights claims. It also includes protection for special liability risks, such as defense coverage outside the limits of liability.
Directors and officers liability insurance, now a separate coverage, with a broadened definition of an insured, counting protection for estates, heirs, committee members and parent-teacher organizations, among others.
Incidental professional liability coverage, broadened for bodily injury claims resulting from incidental professional services rendered. It now includes hired professionals providing professional healthcare services, student health centers, infirmaries and clinics.
Key employee replacement expense coverage, providing reimbursement for expenses of replacing key planned employees because of sudden and accidental death or permanent disability.
“These enhancements facilitate our agent partners to select from a broader range of coverage options to address the specialized risks of their clients, consistent with the aims of our Hanover 2021 strategy,” said Scott Grieco, president, middle market at The Hanover. “Our focus is to assist our partners provide even more value to their customers, setting their businesses further apart in their markets.”
In addition, Hanover Education Advantage continues to offer umbrella and global coverage, in addition to employment practices liability protection. The company’s umbrella protection includes excess limits for abuse and professional coverages. Hanover GlobalReach provides international capabilities specifically designed for educational institutions for study abroad programs and school trips. The company’s employment practices liability coverage also includes third parties.
The company also offers numerous risk solutions resources for education customers, counting specialized training for educators, Title IX e-learning portals and mandated reporter courses. The company partners with various vendors to offer cost-effective training solutions for education customers counting ImPACT, a concussion administration tool, and ALICE, an active shooter response training program.
New coverage features are now available for policies with effective dates on or after June 1, 2017.

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