OKLAHOMA CITY--(BUSINESS WIRE)-- A.M. Best Company has affirmed the financial strength rating of A- (Excellent) and issued a credit rating of "a-" for BancInsure, Inc. The outlook for both ratings is stable. This rating affirmation reflects BancInsure's recent capital infusion and modest improvements in performance since December 31, 2008.

"We recognize the significance of retaining an A- (Excellent) rating, particularly in this economy," stated Rodney N. Sargent, President and CEO of BancInsure. "Our financial strength and stability are essential components of our success and we are resolved to demonstrate our strength and stability on behalf of our shareholders and insureds. We are confident that our business model, capital management plans, and underwriting actions will continue to yield improved results throughout the remainder of 2009."

"The current climate remains challenging for the entire financial services sector - banks and insurance carriers navigating in more turbulence than other sectors," continued Sargent. The company experienced losses in 2008 that were driven by the unprecedented global economic crisis and an increased severity of claims in the Bond and D&O products sold to financial institutions. Since the first of the year, ""¦we continue to see improvements in the professional lines and all other BancInsure products (including Property & Casualty and Workers' Compensation lines) remain profitable and continue to grow in accordance with business plans."


Since 1992, BancInsure has proudly retained a Financial Strength Rating of A- (or greater) from A.M. Best Company. The company is dedicated to a niche of community banks, the majority of which are run with discipline and diligence. BancInsure retains an excellent business position with its continued close ties to community banks that include exclusive endorsement agreements with more than 18 separate bankers associations.

As a full-line independent insurer specific to financial institutions, BancInsure's understanding of financial institutions and their intricate operations is unmatched in the marketplace. This translates to extraordinary value through complete risk mitigation and risk management solutions. Headquartered in Oklahoma City, BancInsure has proudly earned an industry leading 25% market share. The Company is endorsed by eighteen banking organizations and is licensed in 48 states. With today's announcement BancInsure continues to hold an A- (Excellent) Financial Strength Rating from A.M. Best Company. www.bancinsure.com





BancInsure, Inc.

Brandy Crawford, Marketing Manager, 405-290-5731

bcrawford@bancinsure.com

Fax: 866-445-7712

Source: BancInsure, Inc.