The breadth of our capabilities, plus our ability to move quickly, helps differentiate AIX. We leverage many of the following attributes to secure business, improve programs, and drive results.
Excellent Strength and Financial Stability — We are an A.M. Best rated "A XV" specialty program carrier and are a member of The Hanover Insurance Group which is ranked among the top 25 Property and Casualty insurance companies in the industry and is a Fortune 1000 company.
Experienced and Hands-On Leadership Team — AIX's leadership team has been at the forefront of the program market for decades. Collectively our team has started program operations for carriers, owned and run consulting and program administering companies, and transacted billions of premium dollars. We consistently offer fresh ideas and solutions delivered with a concierge approach.
Full Service Program Capabilities and Offerings — AIX can cover your program needs from end-to-end. Our full complement of capabilities includes everything from underwriting to product platforms, service, claims, and loss control. We have the ability to provide traditional insurance coverages including: Workers' Compensation, General Liability, Property, Auto Liability — as well as specialty coverages like Employment Practices Liability, and Surety through programs established by service organizations in the same line of business or geographic location. Our target program is a homogeneous, well-established business with $5M in primary premium.
Flexibility in Program Design Structure — Program structures can vary substantially based on client needs and capabilities. Captives, rent-a-captives, commission slides, profit-sharing, and traditional guaranteed costs programs can be employed on a program by program basis at AIX.
AIX Specific Companies Reduce Channel Conflicts — Only AIX programs are written on our statutory admitted carrier, so channel conflicts for our clients are practically non-existent.
Innovative and Nimble Product Platform — We manage thousands of coverage and rate changes every year to tailor our programs. Being able to write business on both an admitted and non-admitted basis gives us flexibility others lack.
Strong and Stable Reinsurance Relationships — Long-standing and successful relationships with London, Bermuda, and domestic reinsurers ensure that our treaties are competitive. We can quickly place program-specific reinsurance when it makes sense.
Superior Technology Supporting Underwriting, Operations, Claims, and MIS — All AIX Programs benefit from an Internet-based, fully customizable system capable of offering unique, and cost-saving solutions to our partners.