MiniCo has purchased the renewal rights and associated assets of the professional liability insurance program business of JLT Facilities, Inc.
MiniCo Insurance Agency has announced the purchase of the renewal rights and associated assets of the professional liability insurance program business of JLT Facilities, Inc., a subsidiary of Jardine Lloyd Thompson Group, PLC, including its long-standing lawyers professional liability facility written through A.M. Best "A" rated carriers.
MiniCo will continue to underwrite these programs from its new Latham, NY, branch office. Newly appointed MiniCo executives John Conroy and Michael Attanasio will provide continuity and leadership for their team of former JLT Facilities, Inc., underwriters while delivering the same level of expert underwriting and quality service to existing agents and insured clients.
John Conroy commented, “MiniCo will combine its over 44 years of experience as a nationwide program administrator with a seasoned underwriting staff that has decades of experience writing these professional liability risks. We look forward to enhancing our relationships with JLT Facilities' retail agents and insured clients."
MiniCo President and CEO Mike Schofield said, “This acquisition offers MiniCo an opportunity to expand into new professional liability markets while continuing our long-standing commitment to providing the highest level of customer service to our valued independent agent partners and policyholders."
MiniCo Insurance Agency, LLC, was founded in 1974 as a provider of specialty insurance products and publications for the self-storage industry. Today the company is a program administrator offering multiple specialty property and casualty insurance products for a variety of unique industries and exposures. MiniCo Insurance Agency, LLC, the parent company of MiniCo Insurance Agency of Canada, Inc., is a member of the Aran Insurance Services Group. For more information, visit www.minico.com.