Lexon Surety Group
InsuranceTennessee, United States51-200 Employees
Lexon Surety Group operates within the insurance industry, offering a range of surety products that include commercial and contract bonds, as well as court and probate bonds and U.S. Customs bonds, distributed through a nationwide network of independent agents and brokers. It is based in Mount Juliet, Tennessee, and comprises Lexon Insurance Company, Bond Safeguard Insurance Company, and Fortress National Group LLC. The group was acquired by Sompo International on June 1, 2018, and is integrated into Sompo International’s Surety business. The customer base includes organizations seeking bonding to support contracts, licensing, probate matters, and import obligations, with the bond guarantees serving compliance and performance assurances. Under Sompo International, Lexon’s surety products are available across 50 states, Washington, D.C., Guam, the Northern Mariana Islands, the U.S. Virgin Islands, and Puerto Rico, through a nationwide network of agents and brokers. The arrangement positions Lexon as one of the ten largest surety providers in the U.S.