The Hanover Insurance Group, Inc. (NYSE:THG) has entered into a definitive agreement through which it will acquire the Vienna, Virginia-based Campania Group, which specializes in insurance solutions for the healthcare industry. The transaction reaffirms The Hanover’s commitment to continue to provide industry-leading specialty insurance solutions to its partner agents, and represents a significant step in the company’s commitment to offer a range of products for the healthcare industry.

The Campania Group provides professional and general liability solutions for a range of healthcare providers, including durable medical equipment suppliers, behavioral health specialists, eldercare providers, and podiatrists. The organization has served the specialty healthcare insurance market since its founding in 1992 and has companies admitted in 21 states, as well as the District of Columbia.

The transaction is subject to regulatory reviews and approvals. It is expected to close before the end of the first quarter.

The Hanover Insurance Group, Inc. (NYSE:THG) , based in Worcester, Mass., is the holding company for a group of insurers that includes The Hanover Insurance Company, also based in Worcester; Citizens Insurance Company of America, headquartered in Howell, Michigan; and their affiliates. The Hanover offers a wide range of property and casualty products and services to individuals, families and businesses through an extensive network of independent agents, and has been meeting its obligations to its agent partners and their customers for more than 150 years. Taken as a group, The Hanover ranks among the top 30 property and casualty insurers in the United States.

The Campania Group has served the specialty healthcare insurance market since its founding in 1992. Campania is an innovative leader in the field of affinity group marketing and the development and marketing of property and casualty insurance programs for trade associations representing the health care industry. The company employs experienced insurance agents and brokers, underwriters, claims managers and risk managers who understand the complexities of health care liability risks and assist both insureds and insurance company customers.

Campania serves approximately 3,000 providers of specialty and sub-acute healthcare products located in 30 states as well as the District of Columbia. Customers include, but are not limited to, long term care facilities, assisted living facilities, behavioral health hospitals and rehabilitation hospitals. The company also provides specialized insurance services to the sub-acute healthcare market including providers and suppliers of homecare services, home medical equipment, medical device manufacturers, infusion and respiratory therapy services, retail and institutional pharmacies and rehabilitative and assistive technologies.

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