This alliance with AGH not only greatly enhances our R&D capabilities, but it brings a vital academic influence to our new dynamic strategy.
Jack Wilberger, MD, Chairman of the Department of Neurosurgery at both AGH and Drexel University College of Medicine, commented: "Advancing the state-of-the-art and exploring new frontiers in the treatment of neurological disease has been a hallmark of our program for the past half century.
As the major investor for AGH, BLIC is directly affected by the change in asset values within the group's portfolio, which can be seen in both BLIC's and AGH's reduced capital positions.
Given that the overall group is challenged by the recent investment market turmoil, these pressures are partially offset by each subsidiary's long standing participation in the domestic insurance market in Bermuda and an experienced management team that integrates each subsidiary's role as part of AGH.
The Relius Administration straight-through processing solution gives AGH increased efficiencies with the ability to shift employees who were daily processors and move them to the next level of becoming plan administrators.
The professionals at AGH are accomplished business advisors with a passion for helping entrepreneurial businesses succeed.