December 1, 2008
Hanover Completes Buy Of Conn. Firm
By Matthew L. Brown
The Hanover Insurance Group of Worcester has completed its acquisition of Windsor, Conn.-based AIX Holdings Inc.
The acquisition was announced in August. Under the agreement, Hanover purchased all AIX Holdings stock for an undisclosed amount. Hanover said AIX's business would allow agents to specialize in specific market segments.
AIX is a specialty property and casualty insurance carrier that offers high-deductible plans, self-insurance plans and other products.
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