Worcester, Mass. — The Hanover Insurance Group Inc. and AIX Holdings Inc. entered into a definitive agreement through which The Hanover will purchase AIX Holdings.

The Windsor, Conn.-based AIX Holdings is a specialty property/casualty insurance carrier that focuses on underwriting and managing 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, under-served markets where there are specialty coverage or risk management needs.

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