The Hanover Completes Acquisition of AIX Holdings

The Hanover Insurance Group announced Monday that it has completed the previously announced acquisition of AIX Holdings, a specialty property and casualty insurer that underwrites and manages program business, utilizing alternative risk transfer techniques.AIX Holdings has developed general liability, workers' compensation, property, and auto liability programs for a range of well-defined, underserved markets where there are specialty coverage or risk management needs, The Hanover said in a press release."We are pleased to add AIX Holdings' specialized program business and alternative ...