January 10, 2007 10:00 ET

AIX Group, Inc. Announces New Program Aimed at Auto Physical Damage Coverage for the Trucking Industry

WINDSOR, CT -- (MARKET WIRE) -- January 10, 2007 -- AIX Group, Inc. ("AIX Group"), a specialty insurance holding company, today announced the formation of a new program to provide automobile physical damage (APD) coverage to commercial trucking operations.

This program will be targeting operations with above average loss experience and fleets between five (5) and seventy five (75) units. Commercial light, medium, heavy and extra heavy trucks, tractors, trailers or semi trailers up to ten (10) years old may be insured.

AIX Group will source this business through agents with a minimum of $100,000 in controlled APD premiums in the trucking sector.

For more information, please contact Jeff Moran at 1-860-683-9876 or Additional specifications of the program can be found at


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 subsidiary, Nova Casualty Company, an A-VII rated property and casualty insurance company located in Buffalo, NY. Nova Casualty is licensed and filed in 48 states and the District of Columbia.

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