The Hanover Insurance Companybenefits

The Hanover Insurance Company's benefits plans covered 4,943 active participants in 2024, providing short-term disability. Insurance brokers and agents were paid $623,993 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That is $126 per covered person, below the median for employer plans that report broker pay. Broker pay rose 1.2% from $616,725 in 2023.