MiniCo Inc., a provider of self-storage insurance products and industry publications, has sold its insurance-agency operation and publishing division to Aran Insurance Services Group of Rockville Centre, N.Y. MiniCo will continue to operate from its Phoenix headquarters.
MiniCo founder Hardy Good, who established the company in 1974, will assist in the transition and serve as a special advisor to the MiniCo Insurance Agency LLC’s board of directors. MiniCo’s insureds and insurance agents will continue their relationships with the company unchanged, according to Mike Schofield, president and CEO. Liberty Agency Underwriters will continue as the company’s underwriting partner.
MiniCo insurance products include MiniPak business-coverage packages and two types of tenant insurance: TenantOne Direct customer-storage insurance and MiniCo pay-with-rent insurance. The company’s publications include Mini-Storage Messenger magazine, Self-Storage Now!, the Self-Storage Almanac and the Self-Storage Development Handbook.
Aran is a full-service general agency and underwriter that specializes in acquiring and developing insurance underwriting facilities for the property and casualty and accident and health markets.