TheHanoverInsuranceGroup LogoWorcester’s The Hanover Insurance Group Inc. has completed its acquisition of the Campania Group, which specializes in insurance solutions for the healthcare industry.

In addition, A.M. Best Co. has upgraded the financial strength rating of Campmed Casualty & Indemnity Co., Campania’s underwriting subsidiary, to "A," (Excellent).

Vienna, Va.-based Campania Group provides professional and general liability solutions for a range of durable medical equipment suppliers and healthcare providers, including behavioral health specialists, eldercare providers and podiatrists.

"We are very pleased to add the Campania Group’s specialized healthcare solutions to our expanding suite of industry and niche solutions," said Frederick H. Eppinger, chief executive officer of The Hanover. "This acquisition demonstrates our strong commitment to the healthcare business and to providing our agent partners even more distinctive value, helping them to strengthen their competitive positions and to grow their businesses over the long term."

Eppinger continued, "The A.M. Best upgrade of Campmed to ‘A’ will enable us to provide our partner agents with even more opportunity to capitalize on our newest venture."

"Through the Campania Group, The Hanover will be able to directly respond to agent partners’ demand to work with The Hanover in serving the healthcare industry," said Andrew Robinson, president of The Hanover’s Specialty Casualty businesses. "The Campania Group is one of the best carriers serving this market, offering disciplined underwriting, competitive products and operations, and a seasoned and respected team of specialized insurance professionals."

 

The Hanover Completes Acquisition Of Campania Group

by Banker & Tradesman time to read: 1 min
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