AXIS Accident & Health Acquires Ternian
Bermuda-based AXIS Capital Holdings Limited announced that AXIS Accident & Health has acquired Ternian Insurance Group LLC, a leading provider of voluntary, limited benefit, affordable health plans and other employee benefits coverage for hourly and part-time workers and their families.
Through the acquisition, AXIS Accident & Health secures market-leading capabilities in the voluntary group limited benefits marketplace. Ternian products are currently used by customers ranging in size from those employing 100 eligible workers to Fortune 500 businesses.