Original research and actionable insights
The Hanover Research Series
We are unwavering in our commitment to your success as an independent agent. Part of this commitment is staying ahead of emerging insurance trends, and keeping you up to date.
One way we do this is through our ongoing Hanover Research Series, covering topics relevant to the businesses you serve. We are proud to partner with renowned organizations, including Forbes Insights and Zogby Analytics, to conduct original research and deliver findings that help keep you, and the businesses your agency protects, a step ahead.
Small Commercial Risk Reports
As one of the leading insurance carriers for small businesses, The Hanover is committed to delivering insights about small businesses, helping agents understand buying habits and evolving risks of their customers. These reports can help you understand the motivations of businesses, and start important coverage conversations.
2022 Small Business Risk Report
Over the past two years, the small business risk landscape has continued to change and has become more complex. Learn more in our latest Small Business Risk Report.
2020 Small Business Risk Report
This report reinforces the importance of independent agents in supporting small businesses as they re-open, rebuild and look to regain momentum in the marketplace.
2019 Small Business Risk Report
This study surveyed small business owners who have experienced a business insurance claim in the last five years, and found that their experience greatly influences their confidence in their insurance program, the services they value and their perceived vulnerability to future claims.
The Hanover Specialty Research Series
We partner with Zogby Analytics to uncover emerging insurance trends and exposures that require specialized insurance coverage: errors and omissions, marine, fidelity and crime, cyber, employment practices, fiduciary liability and more. These reports can help jump start conversations with clients about the critical need for specialty coverage, either as a standalone policy or as part of an account-focused insurance solution.
Professional Liability Risk Report
This report delves into the exposures, motivations and actions of professional service providers who have bought errors and omissions (E&O) insurance, and those who have not. This report highlights approaches independent agents can take to meet the unique needs of both buyers and non-buyers.
Cyber Risk Report
This survey found that businesses understand the significant exposure they have to cyberattack—and are taking steps to protect themselves. However, even businesses with some cyber protection in place face several emerging risks they may not be aware of. As a result, they may lack the protection they need to stay in business in the event of an incident.
State of Specialty Insurance Report
Our report seeks to understand the challenges and opportunities for agents when placing specialty business. The data confirms the unique advantages of forming strategic partnerships with a select number of carriers, while exposing the pitfalls of fragmentation when aligning and writing with multiple carriers.
We hope you find the information in these reports to be a source of opportunity as you continue to educate your clients on emerging risks. To talk about how we can help you capitalize on these findings and leverage our suite of commercial lines solutions, please contact your Hanover representative.