Our HistoryThe idea for AIX was conceived by the
senior managers in early 2004. The original group felt they had the necessary skills, from marketing to finance to operations, and experience - a combined 15 decades of insurance program expertise - to build a state of the art organization that concentrated on a very specialized niche within the insurance industry.
In addition, most managers had a minimum of 10 years of experience in underwriting from well-known underwriting companies such as General Re, Swiss Re, Employers Re, AIG, Discover Re, Chubb and Fireman's Fund.
In early summer of 2004, the group met with Sterling Capital Partners, a private equity firm based in the Chicago area. Sterling liked the concept and agreed to be its financial sponsor.
In June 2005, the transaction was closed with the commencement of an orchestrated infrastructure building effort occurring shortly thereafter. In December 2005, AIX Group wrote its first program and currently continues to seek top level partners with whom it can add value through creative ideas and structures.