Aran Insurance Services Group to Offer Specialty Property and
Casualty
Programs in Canada
ROCKVILLE CENTRE, N.Y. – Aran Insurance Services Group has announced that its property and casualty subsidiary MiniCo Insurance Agency, LLC, will offer specialty insurance programs in Canada through its new affiliate, MiniCo Insurance Agency of Canada, Incorporated. MiniCo’s industry-leading self-storage product line will be available in Canada during the fourth quarter of 2011 through Aspen Insurance UK, Ltd., a subsidiary of Aspen Insurance Holdings Limited.
Coverage will be underwritten initially in British Columbia with planned availability in all provinces by the fourth quarter of 2011. MiniCo’s other specialty programs will be offered to the Canadian market in 2012, bringing greater value and options to both insureds and brokers. This announcement represents the third of several planned initiatives in 2011.
Tim Kenny, Executive Chairman of Aran Insurance Services Group, said, “Offering MiniCo’s insurance programs in Canada is an excellent opportunity for our partner, Aspen Insurance UK, Ltd., and the agents and policyholders who will benefit from MiniCo’s nearly four decades of self-storage expertise.”
Aran Insurance Services Group President and CEO John LaCava commented, “MiniCo’s entry into the international self-storage insurance market breaks new ground for the company and represents our continued commitment to growth. This is the first step in our plan for MiniCo to bring its entire suite of products and expertise to Canadian insureds.”
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.
About Aran Insurance Services Group
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.
Contact
Dan Sommer, 602-678-3504
Vice President, Publishing, Marketing and Communications
Chief Marketing Officer
dsommer@minico.com
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