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Celent Awards AssuranceAmerica as a Model Carrier for Its Use of Business Intelligence

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^{Published in Business and Finance on Wednesday, February 4th 2009 at 9:02 GMT, Last Modified on 2009-02-04 09:03:23 by Market Wire}  

ATLANTA--([ BUSINESS WIRE ])--Atlanta based AssuranceAmerica Insurance Company, a subsidiary of AssuranceAmerica Corporation (OTCBB:ASAM) today announced that it will be included in the Celent Model Carrier 2009 Report. Award winners were honored at the Model Carrier Summit in New York City on January 29, 2009.

"Celent is pleased to recognize AssuranceAmerica Insurance Company as a Model Carrier Component for Leveraging Business Intelligence for Better and More Efficient Customer Service," says Craig Weber, Senior Vice President of Celent's insurance practice. "Among many excellent nominations this year, AssuranceAmerica Insurance Company was selected for demonstrating improvements in its business through use of IT best practices."

The Celent Model Carrier Report illustrates case studies of key best practices in the use of technology in IT infrastructure and management that a "model carrier" would use. Craig Weber, senior vice president at Celent, summarized last year's report as follows: "The report answers the question, 'What would it look like for an insurance carrier to do everything right with today's technology?'"

AssuranceAmerica Corporation focuses on the specialty automobile insurance marketplace, primarily in Alabama, Florida, Georgia, Louisiana, Mississippi, South Carolina, Texas, Arizona and Indiana. Its principal operating subsidiaries are TrustWay Insurance Agencies, LLC ("Agency"), which primarily sells personal automobile insurance policies through its 48 retail agencies, AssuranceAmerica Managing General Agency LLC ("MGA"), which markets the company's insurance products through over 2,000 participating independent agencies, and AssuranceAmerica Insurance Company ("Carrier").

This press release includes statements that may constitute "forward-looking" statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, as discussed in the Company's filings with the U.S. Securities Exchange Commission (SEC). Historical results are not indicative of future performance.