MiniCo Insurance Agency Adds Aspen American Insurance Company for Alternative Self Storage Industry Solution
PHOENIX, ARIZ. – MiniCo Insurance Agency, LLC, today announced that it has signed an agreement with Aspen American Insurance Company, a subsidiary of Aspen Insurance Holdings Limited, to be an additional carrier for MiniCo’s specialty insurance programs for the self-storage industry. Aspen American Insurance Company will begin underwriting coverage effective July 1, 2011, in several states with plans to roll out additional states throughout the remainder of 2011.
MiniCo President and CEO Mike Schofield commented, “MiniCo’s longtime underwriting partnership with Liberty Agency Underwriters remains strong and will continue. Our new relationship with Aspen American Insurance Company will broaden our appetite allowing MiniCo’s insurance programs to be a viable option to a greater number of self-storage locations. Agents can expect to see enhancements with the new carrier including flood coverage, improved wind and hail deductible options, and expanded geographic and peril support.”
Jim Henry, Chief Underwriting Officer, added, “MiniCo continues to support the independent agency network and looks forward to helping agencies grow their self‑storage book of business with both of our carrier partners. We will be contacting our agents with specific state information regarding availability upon approval by the various states.”
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 MiniCo Insurance Agency, LLC
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. MiniCo Insurance Agency, LLC, is a member of the Aran Insurance Services Group.
Dan Sommer, 602-678-3504
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Chief Marketing Officer