ARA Insurance, Kansas City, Mo., a wholly owned subsidiary of the American Rental Association (ARA), has formed a new partnership with AXIS Insurance.
“We selected AXIS Insurance as our new partner to serve the changing needs demanded by the entrepreneurial spirit of the ARA members,” says Phil Kelling, CEO, ARA Insurance. AXIS Insurance, AM Best (Excellent) XV, specializes in program business and is based in Illinois.
“They are a perfect fit for ARA Insurance as we continue to seek unique rental specific solutions that are unrivaled in our industry. Our priority is to build upon our industry leadership by coupling our insurance expertise and financial stability with the flexibility that AXIS provides. The result will be further innovative solutions for ARA members,” says Kelling.
ARA Insurance agents and staff members remain in place and all ARA Insurance risk management services remain available to insured members. Policy issuance will continue to be performed by ARA Insurance personnel in Kansas City. ARA Insurance will be transitioning customer policies to AXIS Insurance in the coming months through the normal renewal process. All current policies will remain in effect during this transition period.
ARA Insurance also plans to implement an innovative state-of-the-art claims system to resolve claims of insured members and will streamline service time to expedite transactions, Kelling says.
The board of directors of ARA Insurance, consisting of rental owners and insurance industry representatives, also will continue to deliver rental specific coverage to meet the needs of today’s rental business.
“We are pleased with the selection of AXIS Insurance by the board of directors of ARA Insurance,” says Christine Wehrman, ARA’s executive vice president and CEO. “This partnership marks another important step in our history to provide ARA membership continued insurance stability along with excellent customer service.”
For more information about ARA Insurance, call 800-821-6580 or visit ARAinsure.com.