AssuranceAmerica Announces Senior Vice President of Finance and Chief Financial Officer

ATLANTA--AssuranceAmerica Corporation (OTCBB:ASAM) announced today that John M. Mongelli has joined AssuranceAmerica Corporation as its Senior Vice President of Finance. John will also assume the role of Chief Financial Officer on August 16, following the filing of the company’s June 30, 2009 Quarterly Report. John was formerly the Vice President and Corporate Treasurer of ChoicePoint, Inc.

According to Guy Millner, CEO: “John brings us a great deal of experience in acquisitions and strategic planning, along with financial analysis and accounting. John’s background of eight years with ChoicePoint and ten years with various Coca-Cola companies will help AssuranceAmerica reach its long term goals.”

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 AssuranceAmerica Managing General Agency, LLC (“MGA”), which markets the company’s insurance products through over 2,000 participating independent agencies, AssuranceAmerica Insurance Company (“Carrier”), and TrustWay Insurance Agencies, LLC (“Agency”), which primarily sells personal automobile insurance policies through its 48 retail agencies,

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.