7 April 2015News

Axis acquires US broker

Bermuda-based Axis Capital has acquired insurance broker Ternian Insurance Group.

Through its subsidiary Axis Accident & Health, Axis acquired the provider of voluntary, limited benefit, affordable health plans and other employee benefits coverage for hourly and part-time workers and their families.

Ternian products are currently used by customers ranging in size from those employing 100 eligible workers to Fortune 500 businesses.