Lexon Surety Group Enters Bail & Immigration Bond Industry

NASHVILLE, Tenn., Dec. 16, 2011 /PRNewswire/ -- Lexon Surety Group today announced their entrance into the bail and immigration bond industry. This new venture will be managed by Andrew (Andy) Renshaw, who has joined Lexon as the Vice President of Bail and Immigration. As an agent, agency owner and insurance company executive, Mr. Renshaw comes to Lexon with over 22 years of bail industry experience and will lead the new division in its commitment to the advancement and success of the surety bail bond industry.

Commenting on the establishment of this new department, Lexon's President and CEO, David Campbell, notes that, "Lexon has had a long and successful history of exceeding standard expectations in this ever-changing industry with the utmost pride in our work. We searched high and low to find just the right candidate to head this new line. We're extremely excited to bring someone of Andy's caliber and experience on-board to complement our ability to efficiently respond to the needs of our agents."

Ranked the 14th largest surety company in America, and maintaining an A.M. Best rating of A- (Excellent), Lexon is adding to an already expansive offering of business lines. Currently, their products are available in 49 states, Washington D.C., Guam, The Northern Mariana Islands and all U.S. properties located overseas and can be accessed through their nationwide network of independent agents and brokers. The Bail and Immigration division will be headquartered in Hermitage, TN.

About Lexon Surety Group

Lexon Surety Group, LLC is a privately held insurance company specializing in the business of surety bonds. As a full-service surety bond company, Lexon writes Contract Surety Bonds, Platt/Off-Site/Subdivision Surety Bonds, Commercial - License, Permit and Miscellaneous Surety Bonds, Court - Civil and Probate Surety Bonds, Fidelity Surety Bonds and Environmental Surety bonds for individuals and companies of all sizes. Lexon Surety Group, LLC is comprised of Lexon Insurance Company and Bond Safeguard Insurance Company, both headquartered in Hermitage, TN. Cumulatively they are the 14th largest writer of surety bonds according to The Surety and Fidelity Association of America's 2010 report. They maintain A- (Excellent) Financial Strength Rating from AM Best.

Contact: Andy Renshaw, Vice President, Phone: 615-690-0350 or visit http://www.LexonSurety.com for more information.

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SOURCE Lexon Surety Group, LLC