Monday, June 27, 2011

Aran Insurance Services Group Announces Aspen American Insurance Company as Additional Carrier for Self-Storage Product Line

Aran Insurance Services Group (MiniCo and the Mini-Storage Messenger's parent company) today announced Aspen American Insurance Company as an additional carrier for property and casualty subsidiary MiniCo Insurance Agency, LLC. Aspen will provide MiniCo a specialized business owners policy with enhanced specialty coverages and expanded geographic and perils support for the self-storage industry.

Coverage through Aspen AmericanInsurance Company will commence on July 1, 2011, with availability in all states by the fourth quarter. This announcement regarding a new carrier and product enhancements is the first of several planned initiatives in 2011. MiniCo continues to work on other new specialty programs and product enhancements that will expand the company’s offerings beyond the self-storage industry and bring greater value to the independent agency network.

Aran Insurance ServicesGroup President and CEO John LaCava commented, “Along with our long-standing partner Liberty Agency Underwriters, Aspen American Insurance will allow MiniCo to more completely support and service both self-storage owners and their tenants.”

Tim Kenny, Executive Chairman of Aran Insurance Services Group, said, “We are confident that the partnership between Aspen American Insurance and MiniCo will yield positive results for our respective companies as well as our agents and policyholders.”

Aspen Insurance Holdings Limited and its operating subsidiaries have been assigned a rating of “A” (Excellent) by A.M. Best and “A2” (Good) by Moody’s Investors Service.

Aran Insurance Services Group is a multi-faceted company offering diversified insurance and financial services to the United States and Canadian markets. Aran specializes in both developing and acquiring insurance underwriting facilities, agency acquisitions and strategic consulting.

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