Aran Insurance Services Group Acquires Specialty Health-Care and Self-Storage Insurance Operations

Aran Insurance Services Group, a provider of insurance and financial services based in Rockville Centre, N.Y., announced today its recent acquisition of Health Reinsurance Management Partnership (HRMP), a specialty health-care company based in Danvers, Mass., and MiniCo Insurance Agency, LLC, a Phoenix based provider of specialty insurance products and publications for the self-storage industry.

Rockville Centre, NY (PRWEB) May 17, 2010 -- Aran Insurance Services Group, a provider of insurance and financial services based in Rockville Centre, N.Y., announced today its recent acquisition of Health Reinsurance Management Partnership (HRMP), a specialty health-care company based in Danvers, Mass., and MiniCo Insurance Agency, LLC, a Phoenix-based provider of specialty insurance products and publications for the self-storage industry.

Both newly acquired companies will continue to do business under their current names and operate from their present locations. HRMP will focus on health specialty products and services. MiniCo Insurance Agency, LLC, will continue to support its commercial insurance and tenant insurance lines of business as well as continue to publish periodicals, annual information resources and other publications for self-storage professionals.

Tim Kenny, Executive Chairman of Aran Insurance Services Group, commented, "This is the first in a series of strategic moves by which we will position Aran Insurance as a leading provider of specialty insurance and financial products." Aran Insurance President and CEO John LaCava said, "These actions represent further steps toward our goal of building a suite of diversified insurance products that will serve the United States and Canadian markets."

HRMP and MiniCo Insurance customers will experience no change in their interactions with each company. The companies' locations, staff and service offerings will remain unchanged. Independent insurance agents, self-storage insureds, and tenant insurance customers will experience no change in their interactions with MiniCo Insurance Agency, LLC. Periodical subscriptions, publication sales and the publishing staff will also remain unchanged.

Aran Insurance Services Group is also pleased to announce the following executive appointments:

About Aran Insurance Services Group
Aran Insurance Services Group is a multi-faceted company offering diversified insurance and financial services to the United States and Canadian markets. Aran specializes in both developing and acquiring insurance underwriting facilities, and offering specialty insurance products and services to the property casualty and accident health markets.

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