Self-Storage Insurance Agency MiniCo Launches Contractors-Liability Coverages

MiniCo Insurance Agency LLC, a provider of insurance products for the self-storage industry, has launched a contractors liability-insurance program for New York development contractors. Coverages include general liability and excess liability. Rick Krouner will serve as president of the newly created casualty division, company officials said in a press release.

The program will be available through New York wholesalers and targets several contractor types including commercial and residential, general, and trade and artisan.

“With its 40-year history of program administration, MiniCo offers a dynamic platform to build the casualty division,” Krouner said. “The new contractors liability program is the first of many casualty-insurance solutions to be developed and offered by MiniCo.”

“MiniCo’s continuing effort to develop new insurance programs for a variety of industries will benefit from Rick’s many years of experience and in-depth knowledge of the casualty-insurance market,” added Mike Schofield, president and CEO of MiniCo.

Phoenix-based MiniCo has provided self-storage insurance programs since 1974. The company offers multiple specialty property and casualty insurance products for a variety of unique industries and exposures and carries an A.M. Best rating of “A.” MiniCo is a member of the Aran Insurance Services Group of Rockville Centre, N.Y.

Sources: