SUA Insurance Company Announces Partnership With American Safety Indemni...( CHICAGO June 9 /- Specialty Under...),Health

CHICAGO, June 9 /PRNewswire-FirstCall/ -- Specialty Underwriters' Alliance, Inc. (Nasdaq: SUAI) announced that its subsidiary, SUA Insurance Company ("SUA"), has entered into a quota share arrangement with American Safety Indemnity Co. to provide general liability to companies engaged in the automobile repossession business.

Courtney Smith, president and chief executive officer of SUA, stated, "We are delighted to enter into a second arrangement with American Safety, expanding the programs where we can write accounts requiring A-rated paper. We are excited about this new program opportunity with AEON in the collateral recovery (repossession) customer segment."

Brad Isaacson, Director of Program Business at American Safety Insurance Services, Inc., American Safety Indemnity Co.'s administrative service provider noted, "American Safety is pleased to expand its relationship with SUA. This helps to meets our corporate diversification strategy of targeting very specific market segments and aligning ourselves with underwriting and distribution partners that provide very detailed industry expertise".

About Specialty Underwriters' Alliance, Inc.

Specialty Underwriters' Alliance, Inc., through its subsidiary SUA Insurance Company, is a specialty property and casualty insurance company that provides commercial insurance products through exclusive wholesale partner agents that serve niche groups of insureds. These targeted customers require highly specialized knowledge due to their unique risk characteristics. Examples include tow trucks, building contractors, professional employee organizations and public entities. SUA's innovative approach provides products and claims handling, allowing the partner agent to focus on dis
'/>"/>