Wednesday, August 8, 2007

AIX Group, Inc. (“AIX Group”), a specialty insurance holding company, is happy to announce its most recent program with Oryx Insurance Brokerage, Inc., a Program Administrator based out of Binghamton, NY. The homogeneous book of business covers the construction industry, including HVAC, electrical, drywall, pacing, residential and commercial builders, over several states along the east coast.

Oryx Insurance President and CEO Rusty Hanafin and his staff offer one of the longest running construction specific underwriting teams in the insurance industry. “Over the past decade, Oryx has developed strong working relationships with Ron Ganiats and Bob Schultz of AIX,” said Hanafin. “We are extremely excited about finally bringing General Liability to upstate New York, Pennsylvania, New Jersey, and the surrounding Mid-Atlantic states.”

ABOUT AIX GROUP, INC.

AIX Group, Inc., an insurance holding company with executive offices in Windsor, CT, was founded in 2005 by five insurance industry veterans, Bob Schultz, Ron Ganiats, Mark Green, Ron Mairano, and Russ Renvyle, in conjunction with Sterling Capital Partners. AIX Group was formed to fill a need in the underserved market of specialty program insurance business. This sector includes traditional first dollar programs, risk retention groups, rent-a-captive facilities, group and association captives and hybrid collateral structures.

AIX Group provides insurance and program related services through its wholly owned subsidiaries, Nova Casualty Company, an A-VII rated property and casualty insurance company, which is licensed and filed in all 50 states, and AIX Specialty, a non-admitted company domiciled in Delaware.