President Andrew Renshaw comments on Peninsular Surety Company’s current state of affairs and looks ahead into 2013

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Peninsular Surety Company President Andrew Renshaw comments on Peninsular Surety Company’s progress after its acquisition by Lexon Surety Group

Like all newly acquired companies, Peninsular Surety Company was faced with the task of implementing new management while simultaneously easing the concerns of employees and agents alike. While admittedly difficult at times, Peninsular has met the challenge head on and each day has worked to improve an already great company.

In the last three months, Peninsular has taken the necessary steps to ensure that the change in ownership translates to improved reliability and a better experience for their Florida agents. President Andrew Renshaw has taken the time to personally meet with agents to listen to their ideas and provide a sounding board for any anxieties. Peninsular now offers one year of free Captira bail software to all their agents to help streamline the bond process while also providing agents a powerful bond management tool. The expanded transfer bond network and the introduction of the immigration bond referral program offers another means of income and an additional way to meet bail agency clientele's needs. Peninsular has also taken a proactive role in Florida’s bail legislation and has encouraged their agents to stay informed and participate in local bail associations.

Peninsular is aiming to become the gold standard in the surety bail industry by providing excellent products and conscientious services to their bail agents. This is a goal not taken lightly as Peninsular truly understands the commitment of time, hard-work, and dedication necessary to achieve its goals. Make no mistake about it: Peninsular is in very good hands. Through parent company Lexon Surety Group, Peninsular has the financial backing to attend to their agents’ needs, as evidenced by its ability to write large bonds up to two million dollars ($2,000,000). President Andy Renshaw notes, "We are confident in our bail agents and are excited to strengthen old relationships as well as forge new and lasting relationships. Peninsular's outlook is very bright in 2013 and beyond and we cannot wait to get started."

About Peninsular Surety Company
Peninsular Surety Company is a privately held surety company headquartered in Miami, Florida specializing exclusively in bail bonds. Acquired by Lexon Surety Group, LLC, in October 2012, Peninsular Surety Company joins Lexon Insurance Company, Bond Safeguard Insurance Company, and Boston Indemnity Company as a vital component of its bail bond surety portfolio. As a full service bail bond provider, Peninsular Surety Company aims to provide the best service to its bail agencies through its high underwriting authorities, competitive rates, next day service, personalized customer service, and growing transfer bond posting network.

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Andrew Renshaw
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