Axon launches middle market unit

Axon Underwriting Services, a specialty lines program administrator, has announced the launch of Axon Middle Market to offer its commercial package products for US-domiciled clients.

Axon Middle Market is led by senior vice president Todd Hendershot, who has spent his career leading underwriting teams in the middle-market package space. Prior to joining Axon, Hendershot held management positions with Selective Insurance, The Hartford, and Allianz Global Corporate & Specialty.

“We’re privileged to have Todd lead Axon into another exciting industry vertical with the exceptional backing of Allianz,” said Doug Gahagan, managing partner at Axon. “It’s a powerful entry into the admitted package marketplace.”

The addition of Axon Middle Market expands the company’s in-house underwriting capabilities to offer commercial property, general liability, commercial auto, workers’ compensation and supported excess, Axon said. All products will be underwritten in partnership with AGCS.

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“We are excited to bring superior products to our distribution partners here at Axon,” Hendershot said. “Utilizing our custom-built technology platform and experienced team, we will provide an extraordinary customer service experience for our retail partners.”

“We are thrilled to be partnering with Axon,” said Dan Larkin, head of programs middle market at AGCS. “With their expert underwriting acumen, advanced technology platform, and distribution relationships, we are confident they will deliver exceptional service and market-leading solutions to the middle market space.”

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