EXHIBIT 99.2
[ASSURANCEAMERICA LOGO]
30 June 2005
Dear Shareholders (and friends of AssuranceAmerica),
We are able to report another excellent month with continuing year-over-year
growth in both the MGA/Carrier and Retail Agencies divisions of our Company!
Current year financial data includes agency acquisitions that may not be
included in prior year data. We are pleased to present some highlights from our
May financials.
MAY 2005
(UNAUDITED)
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CURRENT MONTH YEAR-TO-DATE
2005 2004 CHANGE 2005 2004 CHANGE
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(IN $1,000) % (IN $1,000) %
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o MGA /Carrier Gross Premiums Written $ 3,970 $ 2,289 73% $ 17,939 $ 13,751 30%
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o Retail Agencies Gross Premium Produced 4,738 3,494 36% 27,162 21,494 26%
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o Retail Agencies Group Revenues 731 474 54% 3,941 2,949 33%
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o Company Revenues 2,802 1,904 47% 13,270 10,008 33%
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o Company Pre-Tax Income 66 (26) 253% 1,015 197 425%
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Our improved MGA/Carrier writings this month reflect our first full month in the
State of Florida.
To follow your stock and read the full text of our press releases, we suggest
you go to www.finance.yahoo.com, symbol ASAM.OB.
Thank you for your continued interest and confidence in AssuranceAmerica
Corporation.
Sincerely,
- ------------------------------ -------------------------------------
Guy W. Millner Lawrence (Bud) Stumbaugh
Chairman President and Chief Executive Officer
THIS DOCUMENT IS FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED FOR GENERAL
DISTRIBUTION. IT DOES NOT CONSTITUTE AN OFFER TO SELL, OR A SOLICITATION OF AN
OFFER TO BUY SECURITIES IN ASSURANCEAMERICA CORPORATION. THIS DOCUMENT 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.
5500 Interstate North Parkway - RiverEdge One - Suite 600 -
Atlanta, Georgia 30328
770.933.8911 - fax 770.984.0173 - www.assuranceamerica.com