Skip to content

2-Minute Read

2-Minute Read

Jencap Holdings to Acquire Aran Insurance Services Group

Nov 26, 2019

Jencap Holdings to Acquire Aran Insurance Services Group

August 20, 2019

Jencap Holdings (Jencap), a specialty insurance business, announced today that it has agreed to acquire privately-held Aran Insurance Services Group (Aran), a specialty program administrator with offices in Arizona, Colorado, Massachusetts and New York. Founded in 2009, Aran has been led by Tim Kenny and John LaCava who have built one of the leading program administration insurance platforms in the country.

Jencap Holdings (Jencap) was formed in March 2016 by The Carlyle Group (Nasdaq: CG) and Jencap management to consolidate specialty insurance distribution businesses, including managing general agents, program managers and transactional wholesale brokers. The acquisition of Aran is the ninth transaction by Jencap since its founding, and places the company among the largest specialty insurance distribution platforms in the U.S.

“The Aran team has built a multi-faceted company with a wide variety of property and casualty programs for specialty markets as well as a strong presence in the accident and health market,” said John F. Jennings, President and Chief Executive Officer of Jencap. “We are excited to help in the expansion of Aran and its subsidiary companies within Jencap.”

Aran Insurance Services Group Co-Founder and Chairman, Tim Kenny stated, “Aran has a long-standing commitment to our clients, carriers, and team members, and we specifically sought out a strategic partner that shared this focus. Jencap fulfills this goal, and we are very excited about our partnership.”

“Aran’s strategic partnership with Jencap creates a number of opportunities for growth and development,” commented John LaCava, Aran Insurance Services Group Co-Founder, President and CEO. “We look forward to expanding our programs, markets, and capabilities through Jencap’s established network of carriers and agency partners.”
‍

About Jencap Holdings
Jencap Holdings is a premier national specialty insurance distribution platform that includes managing general agencies, specialty program administrators, and transactional wholesale brokers. Jencap has assembled a management team with the sector insight and experience to drive organic growth and strategic acquisitions leveraging technology and advanced data analytics. Jencap is headquartered in New York. For more information on Jencap, visit: https://jencapgroup.com/. You can read more Jencap news here.
Kathryn Smith

Kathryn Smith

Jencap's Managing Director of Marketing, Kathryn Smith, has dedicated her entire career to the insurance industry. A diverse background equips Kathryn with a unique 360-degree perspective, having experienced the industry from all angles: agency, carrier, and wholesaler. She consistently produces award-winning marketing content and hosts the Jencap insurance podcast, "Flip the Cap."

acquisition

Explore Further

Jencap Group Acquires Tarheel Insurance Services, Inc.

Jencap Group Acquires Tarheel Insurance Services, Inc.

Oct 3, 2022

Jencap Group Acquires Delta General Agency Corporation

Jencap Group Acquires Delta General Agency Corporation

Feb 1, 2022

Jencap Group Acquires International Assurance of Tennessee, Expands Medical Stop-Loss Capabilities

Jencap Group Acquires International Assurance of Tennessee, Expands Medical Stop-Loss Capabilities

Jan 3, 2022

Jencap Group Acquires Russell Bond & Co. Expands Services to Retailers in Upstate New York and the Northeast

Jencap Group Acquires Russell Bond & Co. Expands Services to Retailers in Upstate New York and the Northeast

Oct 7, 2021

Jencap Announces Acquisition of U.K.-based Lloyd’s Coverholder

Jencap Announces Acquisition of U.K.-based Lloyd’s Coverholder

Jul 8, 2021

Jencap Acquires Quaker Special Risk

Jencap Acquires Quaker Special Risk

Sep 9, 2020

Jencap Holdings to Acquire Aran Insurance Services Group

Jencap Holdings to Acquire Aran Insurance Services Group

Nov 26, 2019

Jencap Holdings to Acquire Genesee General, a Specialty Insurance Business

Jencap Holdings to Acquire Genesee General, a Specialty Insurance Business

Jan 11, 2018

Jencap Holdings Acquires Special Risks Facilities

Jencap Holdings Acquires Special Risks Facilities

Jul 12, 2017

Jencap Holdings Acquires NIF Group

Jencap Holdings Acquires NIF Group

Dec 9, 2016

Jencap Holdings Agrees to Acquire NIF Group in New York

Jencap Holdings Agrees to Acquire NIF Group in New York

Dec 8, 2016

Jencap Holdings Acquires Missouri-Based M.J. Kelly Co.

Jencap Holdings Acquires Missouri-Based M.J. Kelly Co.

Sep 22, 2016

Put Jencap to Work For You

Jencap is one of the largest wholesalers in the United States and proud to offer top-in-class expertise in wholesale brokerage, binding authority, and exclusive program management. The specialized divisions and affiliate companies that make up Jencap provide niche expertise for all lines of coverage — from cannabis and construction to property and workers’ compensation, and everything in between. By partnering with our industry-leading brokers, you’ll gain the competitive edge your clients need to secure the best coverage at the best rates available in the marketplace. Experience the Jencap advantage today.
View Areas of Specialization GET A QUOTE

Stay Informed

Want to receive information from Jencap on timely marketplace trends, hot new product and program launches, and valuable product expertise that will set you up to win? Sign up to receive email communications from Jencap.