IAS Expands Underwriting Relationship With Assurant Solutions

AUSTIN, Texas, Oct. 30, 2009 -- Innovative Aftermarket Systems (IAS), a leading provider of F&I software and aftermarket programs, today announced the expansion of its underwriting relationship with Assurant Solutions to include Tire and Wheel. IAS and Assurant Solutions currently enjoy a strong and mutually beneficial relationship with IAS on programs such as Key Replacement, Independent Dealer GAP and GAP Dealer Reinsurance.

IAS carriers recognize the company as a superior administrator. The new five-year underwriting agreement with Assurant Solutions enables the company to provide its agents and dealers with the stability they need. The new coverage is effective December 1, 2009 in virtually all states.

IAS products are underwritten by Assurant Solutions affiliate American Bankers Insurance Company of Florida in all states except Minnesota, where another affiliate, American Reliable Insurance Company underwrites the business. A.M. Best Co., an independent global full-service credit rating organization, rates American Bankers A "Excellent" for financial strength and ability to meet its ongoing insurance policy and contract obligations.

"Assurant is a world-class company and has proven its commitment to the automotive service contract and gap industry," said Bob Corbin, president of IAS. "We are very proud to call them our insurance partner."

About IAS

Innovative Aftermarket Systems (IAS) is the leading provider of F&I aftermarket programs to automotive dealerships. IAS offers a variety of products including, GAP, Invisible Phantom Footprints, Theft Avert, Super Polysteel, The Preferred Advantage, R.O.A.D. InTire, among others. Additionally, IAS' flagship software suite, SmartDealerProducts, provides revolutionary F&I software solutions for dealerships and their customers. IAS' training department, SmartDealerUniversity, provides ongoing training and feedback to ensure continued penetration, ethical presentations and increased profits for IAS dealership customers. Headquartered in Austin, Texas, IAS has hundreds of certified agents throughout the United States and provides technology solutions and aftermarket products for many of the top-100 dealer groups. For more information, please visit www.iasdirect.com.

About Assurant Solutions and Assurant, Inc.

Assurant Solutions businesses develop, underwrite, market and administer specialty insurance, extended service contracts and other risk management solutions through collaborative relationships with leading financial institutions, retailers, automobile dealers, funeral homes, utilities and other entities. With operations in 25 cities, including executive offices in Atlanta, Ga., Assurant Solutions serves clients and their customers in 12 countries throughout North America, the Caribbean, Latin America, Europe and Asia. www.assurantsolutions.com

Assurant Solutions is part of Assurant, a premiere provider of specialized insurance products and related services in North America and selected international markets. Assurant, a Fortune 500 company and a member of the S&P 500, is traded on the New York Stock Exchange under the symbol AIZ. Assurant has more than $25 billion in assets and $8 billion in annual revenue.