Axis Insurance completed the acquisition of Magnes Group.

Axis Insurance, an insurance company, completed the acquisition of Magnes Group, an insurance brokerage company. Financial terms were not disclosed. “We are thrilled to see the fulfillment of a vision established nine years ago with Axis. Combining the Magnes and Axis teams will provide our professionals with the enhanced resources and expertise to continue to ensure the best results for our clients,” Andy Sloan, Magnes President and CEO.