<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