<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM INSURANCE
MANAGEMENT SOLUTIONS GROUP, INC. AND SUBSIDIARIES CONSOLIDATED FINANCIAL
STATEMENTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 1998 AND IS QUALIFIED IN 
ITS ENTIRETY BY REFERENCE TO SUCH FORM S-1
</LEGEND>
       
                             
<PERIOD-TYPE>                   9-MOS
<FISCAL-YEAR-END>                          DEC-31-1998
<PERIOD-START>                             JAN-01-1998
<PERIOD-END>                               SEP-30-1998
<CASH>                                       3,550,338
<SECURITIES>                                         0
<RECEIVABLES>                                3,892,290
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                            19,555,308
<PP&E>                                      12,634,194
<DEPRECIATION>                              (3,841,956)
<TOTAL-ASSETS>                              47,020,886
<CURRENT-LIABILITIES>                       24,524,538
<BONDS>                                              0
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                       104,436
<OTHER-SE>                                   5,831,736
<TOTAL-LIABILITY-AND-EQUITY>                47,020,886
<SALES>                                              0
<TOTAL-REVENUES>                            47,372,551
<CGS>                                                0
<TOTAL-COSTS>                               40,258,669
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                           1,653,165
<INCOME-PRETAX>                              5,295,819
<INCOME-TAX>                                 2,388,400
<INCOME-CONTINUING>                                  0
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                 2,907,419
<EPS-PRIMARY>                                      .29
<EPS-DILUTED>                                      .29