Press Releases
by Axon | Nov 20, 2020 | Press Releases
Axon Underwriting Services is pleased to announce the launch of its new Terrorism and Political Violence insurance program, providing businesses with comprehensive protection against property damage, business interruption, and liability losses arising from acts of terrorism and sabotage.
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by Axon | Aug 4, 2020 | Press Releases
Axon Underwriting Services LLC, a leading specialty lines Program Administrator, is pleased to announce the acquisition of the renewal portfolio of Allianz Global Corporate & Specialty’s (AGCS) U.S. Contaminated and Consumer Products Recall Insurance business written through Allianz Global Risks US Insurance Company.
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by AxonU | Jul 20, 2020 | Press Releases
Offer industry’s first fully outsourced product recall claims administration services
ATLANTA–(BUSINESS WIRE)–McLarens, a leading, global independent insurance services provider, and AXON Underwriting Services LLC, a program administrator and specialty insurance services provider, entered into an agreement to deliver first-of-its-kind outsourced claims adjusting and management administration in the specialty product recall space for domiciled clients in the United States. Product recall claims tend to be low frequency, but high severity events and are typically not sufficient to allow for full-time product recall adjusters to staff an insurance carrier’s in-house team. The financial benefits for full-time experts are hard to justify yet the related claims require major support combined with a highly specialized skillset. Often, insurance carriers tend to have GL claims handlers manage these types of claims and/or they rely on outside loss adjusters who are managed and controlled by in-house adjusters.
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by AxonU | Jul 1, 2020 | Press Releases
Somerville, NJ – Axon Underwriting Services LLC and RQA, Inc. are pleased to announce that they have entered into a partnership under which Axon’s Crisis Management insurance policy holders will now be able to benefit from RQA’s Global Product Recall consultancy support.
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by AxonU | May 15, 2020 | Press Releases
Somerville, NJ – Axon Underwriting Services LLC, a leading specialty lines Program Administrator, is pleased to announce the formation of Axon Crisis Management to offer its product recall and foodborne illness and contamination products for U.S. domiciled clients starting June 1, 2020.
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by AxonU | May 7, 2020 | Press Releases
Axon Underwriting Services LLC, a leading specialty lines Program Administrator, is pleased to announce the addition of CyberAdvantage, a proprietary Cyber Liability program, to its suite of best-in-class specialized insurance products for small to medium size enterprises (SME).
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