Aran Insurance Services Group Acquires MiniCo, HRMP

May 17, 2010

Arizona-based MiniCo Inc. 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.

Mike Schofield, president and CEO of MiniCo Insurance Agency, said, “With this step, MiniCo joins 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 UnderwritersT 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.”

Hardy Good, founder of MiniCo, Inc., will assist throughout the transition and remain a special advisor to the board of directors of MiniCo Insurance Agency, LLC.

Aran Insurance Services also has acquired Health Reinsurance Management Partnership (HRMP), a specialty health-care company based in Danvers, Mass.

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