Hanover Insurance CEO on tariffs: Situation is manageable due to cost visibility
Jack Roche, The Hanover Group CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, how tariffs areΒ ...
President, Chief Executive Officer & Director, Hanover Insurance
Search every verified John Roche interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Jack Roche, president and CEO of Hanover Insurance Group, said in May 2025 that the company views the impact of tariffs as manageable. He stated that the company has analyzed which parts and construction materials come from which countries and how they might be affected by tariffs, and that the company understands where costs will come from and has a sense for how to adjust pricing. Roche added that the company has diversified its earnings stream, spread its risk geographically, and become less susceptible to any one industry, describing the current earnings stream as the best in the company's history. He summarized the environment by saying "the world is getting riskier" and that the company's goal is to avoid passing along every cost increase to consumers. Roche has also discussed the insurance industry's transformation, stating that the COVID-19 pandemic accelerated digitization and changed how the company interfaces with agents and customers. He said the company was able to have over 95% of employees work from home productively and is pursuing flexible work arrangements. Roche has emphasized the company's focus on innovation, data and technology tools, and its commitment to contributing to communities. He has also been involved in charitable efforts, including fundraising for cystic fibrosis research, where he encouraged employees to donate and use United Way designations to support the cause.
“I think everyone is paying attention to the tariff situation and the fluidity of it... At the end of the day, we think the situation should be pretty manageable. We understand where the costs are going to come from.”
“Our team has done a remarkable job of trying to figure out on what parts and what construction materials are coming from, what countries, how that's going to be potentially impacted by the tariffs.”
“We have a sense for how we would adjust our pricing, but also how our portfolio and the way it's constructed is much more resilient these days.”
“I summarize it as the world is getting riskier, and so we're having to insure against a riskier environment.”
Jack Roche, The Hanover Group CEO, joins 'The Exchange' to discuss the company's quarterly earnings results, how tariffs areΒ ...
On Veterans Day, we recognize the many individuals who have served this country and fought for our freedom. In honor ofΒ ...
In this new recurring Worcester Business Journal feature where leading executives interview each other, the president & CEO ofΒ ...
Jack Roche, president and CEO of The Hanover Insurance Group, shares his thoughts on the exciting career opportunities in theΒ ...
Hanover Insurance Group Cystic Fibrosis Kickoff 2017.
Sign in to search the full transcript archive, filter by topic, and access every quote from John Roche.