ARAN INSURANCE SERVICES GROUP ACQUIRES MINICO INSURANCE AGENCY, LLC

PHOENIX, ARIZ. – MiniCo, Inc., today announced that the company has sold its insurance agency operations and publishing division, MiniCo Insurance Agency, LLC, to Aran Insurance Services Group, an insurance services provider based in Rockville Centre, N.Y. MiniCo Insurance will continue to operate from its Phoenix headquarters providing commercial insurance, tenant insurance and publishing products and services.


Hardy Good, founder of MiniCo, Inc., will assist in the transition and serve as a special advisor to the board of directors of MiniCo Insurance Agency, LLC. Mr. Good, an icon in the self-storage industry for over 35 years, commented, “I am pleased to pass the MiniCo baton to Aran Insurance Services Group and look forward to the positive benefits of this transaction for our self-storage customers and independent insurance agents.”

Mike Schofield, President and CEO, MiniCo Insurance Agency, LLC, said, “This step will enable MiniCo to join a growing multi-faceted insurance organization that will allow a wide range of insurance products to be made available to customers. We want to assure MiniCo’s self-storage insureds and independent insurance agents that their interactions with the company will be unchanged as Liberty Agency Underwriters™ will continue as our underwriting partner and MiniCo’s underwriting, claims, and customer care staff will remain in place to provide the world class service for which our company is known.”

MiniCo’s insurance products include MiniPak Gold commercial property and liability coverage, MiniPak Silver general liability only coverage, TenantOne Direct customer storage insurance, and MiniCo pay-with-rent tenant insurance. Publications include Mini-Storage Messenger, Self Storage Now!, the Self-Storage Almanac, and the Self-Storage Development Handbook.

Since 1974, Phoenix-based MiniCo Insurance Agency, LLC, has been a self-storage leader providing superior specialty insurance programs, informative publications and valuable products and services created expressly for the self storage industry.

For More Information:

MiniCo Insurance Agency, LLC – http://www.minico.com/

Aran Insurance Services Group – http://www.aranins.com/