Highlights

• 2007 revenue through 12/31/2007 has increased 9% to $58.4 million, compared to $53.7 million in the same period of 2006. 
• The Company's pre-tax income decreased 71% in 2007 to $793k compared with $2.7 million in 2006.
• AssuranceAmerica’s management team has over 100 collective years of insurance related experience from both the regulatory as well as the business perspectives.
• AssuranceAmerica has demonstrated modest growth in premium written and revenue.
• The Company’s Chairman previously created a business that he built into a multi-billion dollar NYSE traded company.
• The Company’s President and CEO served in the Georgia Senate and was chairman of the Senate’s Insurance Committee for eight years.

AssuranceAmerica Corporation is an insurance holding company started in 1998 by a team of entrepreneurs who are 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 Georgia, South Carolina, Alabama, Texas, Louisiana, Mississippi and Florida. Its Managing General Agency markets AssuranceAmerica’s policies through more than 1,600 independent agencies in those states. TrustWay Insurance Agencies LLC is comprised of 50 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

Lawrence (Bud) Stumbaugh, President, CEO
Guy W. Millner, Chairman
Joseph J. Skruck, President of AssuranceAmerica MGA, LLC

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