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.
Axon’s Crisis Management is led by Alex Pittignano (Senior Vice President) and Marcos Garcia Norris (Senior Vice President) bringing on board a combined underwriting experience of over 45 years. Alex has spent much of his insurance career underwriting and leading Crisis Management divisions including American International Underwriters, Starr Companies, and Allianz Global & Corporate Solutions. Marcos held senior underwriting authority and leadership within Crisis Management divisions at AIG, CV Starr, Novae Syndicate and Allianz Global & Corporate Specialty.
“We’re extremely fortunate to have Alex and Marcos, two highly respected industry experts, join the Axon team to help drive our continued expansion into new specialty insurance markets” said Doug Gahagan, Partner at Axon Underwriting, “I can’t imagine a better way to launch our new Crisis Management Division than with these two leading the charge.”
The addition of Crisis Management to Axon’s suite of best-in-class specialized insurance products, expands in-house underwriting capabilities to offer Contaminated Product Recall, Consumer Goods Product Recall, and Restaurant Foodborne Illness & Contamination insurance. All three products will be underwritten in partnership with the E&S/Specialty companies of Nationwide®, a Fortune 100 company (A+:AM Best; A+:S&P; A1:Moody’s), and will offer a capacity of USD $10 million.
“Axon’s move into Crisis Management insurance with new specialized products reflects our strategic approach to meet the needs of a Product Recall market eager for reliable and innovative underwriting solutions” said Randy Hampton, Executive Vice President and Partner, “We are very excited to be offering this with our newly formed
About Axon Underwriting Services LLC
Axon Underwriting Services LLC is a Program Administrator and Insurance Services Provider formed in 2013 by underwriting and brokerage experts to raise the bar in business insurance performance. Their professionals’ extensive understanding of industry-specific exposures, markets and programs enables them to provide comprehensive insurance based products and solutions for their select partners. Please visit www.axonu.com or call them at (908) 947-0867 to learn more.