Leadership Changes at MiniCo

MiniCo Insurance continues to grow under the umbrella of our parent company Jencap Group, LLC (Jencap). As a result the company recently announced leadership changes designed to continue that forward momentum and enhance our service and products for our valued agents and producers.

Mike Schofield has assumed the newly created role of Chief Revenue Officer (CRO) for Jencap Program Administrators (JPA). He will be instrumental in driving growth across all Jencap functions through strategic collaboration and innovation at every level. Mike will also partner with and support JPA’s program leaders on new program development, carrier acquisition, and product expansion activities.

Jim Henry has assumed the role of President for MiniCo’s National Programs division. He brings to this position his years of experience and success as MiniCo’s Chief Underwriting Officer and leader of the Agribusiness program. Jim will now be responsible for all national program underwriting operations.

Rick Krouner has assumed the role of President for MiniCo’s Specialty Programs division. Previously the leader of MiniCo's Contractor's Liability program, he will now be responsible for all specialty program underwriting operations. Rick's proven track record, industry-leading expertise and experience make him uniquely qualified to lead and support these teams in their distribution, growth, and product development strategies.

MiniCo Agri Welcomes a New Carrier

MiniCo's Agribusiness Insurance program is dedicated to providing customized insurance solutions for agents and producers as well as their insureds. We partner with independent agents with specific focus on agribusiness insurance. MiniCo Agri’s expertise combines with our agents’ knowledge and personalized service to achieve the most effective insurance solutions for policyholders.

MiniCo Agri has added an additional carrier partner, American Reliable Insurance Company, which provides additional options for both producers and their insureds.

American Reliability Insurance Company

· American Reliable Insurance Company, a member of Global Indemnity, is the flagship operating unit for agribusiness and equine mortality as well as specialty personal property.
· A.M. Best rated "A" (Excellent)
· Concentration on agribusiness, farms, ranches, and all aspects of the equine industry including mortality
· Available in all states except CA, FL, LA, OK, and TX

Preferred Classes

· All types of row/field crops: fruits, vegetables, nuts, orchards, vineyards
· Livestock operations
· Nursery products
· Dairy farms
· Sod farms
· Horse farms: stables, boarding, riding lessons, therapeutic riding, breeding

Product Highlights

· Multi-state exposures on one policy (filed in 48 states)
· Monoline policies for liability or property available
· ISO commercial general liability available
· Inland marine, crime, and equipment breakdown
· Farm liability or farm CGL
· Excess or umbrella policies
· Commercial farm auto
· Lay-up discounts (optional coverage)

As a Jencap company, MiniCo continues to grow and expand to meet the needs of our farm producers. Be on the lookout for a “hard to place” market in the coming months. We hope you will keep us in mind for all your farm risks.

Self-Storage Claims and Rising Financial Exposures

The trend of record-breaking wildfires, hurricanes, hail, wind, and other catastrophic weather events has made property owners and their insurance agents more aware of the potential for insurance claims and out-of-pocket expenses. The rising cost of reconstruction further emphasizes the need for insurance agents to review coverage with their clients to ensure that policyholders understand the financial exposure they may face in the event of a catastrophic loss.

MiniCo's claims professionals advise that insurance agents and policyholders engage in an annual coverage review to address deductibles, policy limits, wind and hail deductibles, deductible buy-back solutions, coverage limits on roofing, and coverage for cosmetic damage to roofs and other structures.

For the most efficient handling and resolution of self-storage claims, MiniCo recommends reporting claims via our convenient online forms or an ACORD form. Reporting a self-storage claim through an email only (without a MiniCo or ACORD reporting form) may lead to delays if essential information is missing.

REMINDER: Please notify MiniCo immediately upon receipt of a notice of possible litigation or retention of an attorney involving any policyholder. Giving our claim professionals the maximum time available to respond is crucial to the effective resolution of the situation.

On the Road with MiniCo: Upcoming Conventions

Representatives from MiniCo Insurance will be traveling to a number of insurance and self-storage industry events in the coming months. If your plans include attending any of these shows, we hope you will stop by the MiniCo booth.

March 9-10
SSA Conference & Trade Show
Orlando, Florida

March 29-30
Accelerate NetVU Conference
Denver, Colorado

April 20-21
ISS World Expo
Las Vegas, Nevada