Fortegra Financial Corporation (the "Company") (NYSE: FRF) today
announced that according to A.M. Best's annual ranking of credit
life/health writers, its Life of the South brand has risen from the
fourth-largest issuer to the second-largest issuer in the United
States, as ranked by 2010 credit life business issued. For
2010, Life of the South had $5.9 billion in covered credit
life/health exposures, a 0.2% increase from the prior year and a
positive comparison to the overall U.S. life/health industry, which
declined 1.7% during the same period.
"Our Life of the South brand rising to #2 in the credit
life/health writer rankings is a testament to the hard work and
dedication of our entire team," said Richard S. Kahlbaugh, Chairman
and Chief Executive Officer of Fortegra Financial. "The fact
that we were able to show growth during 2010, while at the same
time the overall credit life/health industry was down nearly 2%, is
further evidence that our overall strategy at Life of the South
remains operative."
About Fortegra
Fortegra Financial Corporation is an insurance services company
that provides distribution and administration services and
insurance-related products to insurance companies, insurance
brokers and agents and other financial services companies in the
United States. It sells services and products directly to
businesses rather than directly to consumers. Fortegra's
brands include Life of the South, Consecta, Bliss & Glennon and
eReinsure.
Contact:
Investor Relations
Garrett Edson
ICR, Inc.
904-352-2759
investor.relations@fortegra.com
Media
Brian Ruby
ICR, Inc.
203-682-8268
brian.ruby@icrinc.com