Current Update

• 2010 revenue through 6/30/2010 declined 1.1% to $33.8 million, compared to $34.2 million in the same period of 2009. 
• The Company's pre-tax income declined 27% in 2010 to $1.2 million compared with $1.7 million in 2009. 

AssuranceAmerica Corporation is an insurance holding company started in 1998 by a team experienced in building successful companies. Through its three divisions, consisting of AssuranceAmerica Insurance Company, AssuranceAmerica Managing General Agency, LLC and wholly-owned TrustWay Insurance Agencies, LLC, the Company solicits and underwrites non-standard private passenger automobile insurance. AssuranceAmerica’s property and casualty insurance company focuses on writing non-standard automobile business in the states of Alabama, Arizona, Florida, Georgia, Indiana, Louisiana, Mississippi, South Carolina, Texas and Virginia. Its Managing General Agency markets AssuranceAmerica’s policies through over 2,500 independent agencies in those states. TrustWay Insurance Agencies LLC is comprised of 45 retail insurance agencies that focus on selling non-standard automobile policies and related coverages in Alabama, Florida and Georgia.

Automobile insurance is a legal requirement in all states if an individual is to operate a motor vehicle. However, many drivers find it difficult to obtain adequate coverage for several reasons: The driver may have a poor driving record, i.e. accidents or moving traffic violations, or the applicant may simply be in a high-risk age group. AssuranceAmerica addresses this challenge by offering non-standard private passenger auto insurance that provides the coverage these drivers need. The Company generates revenues from three sources: Premiums from its own insurance products (because of the higher risk, these premiums are higher than standard products), commissions and fees received by its Managing General Agency, and commissions received by its wholly-owned Insurance Agencies. Obviously, one of AssuranceAmerica’s greatest advantages is that it owns, operates and controls the three primary revenue producing elements of the insurance business: product, marketing and sales. Considering the higher premiums that it can charge, and the proficiency of its IT-intensive platform, the Company has the potential for many years of increased revenue, margin and bottom-line growth.

Management Team

Guy W. Millner, Chairman and CEO
Joseph J. Skruck, President and COO

Mark H. Hain, Executive Vice President, General Counsel, and Secretary

Shareholder Information

AssuranceAmerica Corporation
5500 Interstate North Pkwy
Suite 600
Atlanta, Georgia 30328
shareholderinquiries@aainsco.com
1-888-952-2902
770-952-0200
Fax: 770-984-0173