Kingsway America Selects StoneRiver Financial Software

Cedar Rapids, IA, November 20, 2009 – StoneRiver, a leading provider of technology and strategic solutions for the insurance industry, announced today that Kingsway America Inc. of Elk Grove, IL, has signed a contract to implement StoneRiver PRO Financial solutions across seven U.S. subsidiaries. “We chose StoneRiver because we were already well satisfied with their PTE Financial systems. We were looking for an enterprise level system to support our need to build a centralized shared services finance department. Their PRO Financial suite met all our needs and we were confident that the project team could meet our aggressive timeline,” said Laurie Stanek, Finance Transformation Program Manager of Kingsway America. “Kingsway has been a valued client for many years, and we’re pleased that they have chosen to reinvest in our relationship through the implementation of PRO Financial in both their Canadian and U.S. insurers,” said Dori Luke, SVP of StoneRiver Financial & Compliance Solutions. Kingsway America Inc (KAI) is a holding company for the U.S. insurance subsidiaries of Canada-based Kingsway Financial Services. Kingsway America writes specialty personal auto and select commercial auto products through a large network of independent agents. The KAI Group of Companies includes: American Country Insurance Company, American Service Insurance, Hamilton Risk Management Company, Kingsway America, Mendota Insurance Company, Southern United Fire Insurance and Universal Casualty Company. About StoneRiver StoneRiver delivers the industry’s widest range of technology solutions and services to insurance carriers, agents, and broker-dealers. This versatile product group encompasses front-office, policy, claim, rating, underwriting, billing, reinsurance, financial and compliance solutions for all major business lines. Hundreds of companies rely on StoneRiver software and processing solutions to achieve a competitive edge. StoneRiver promotes client success by streamlining complex business processes. Visit stoneriver.com for more information. # # # For more information contact: Lori Soppe, VP, public relations StoneRiver 319-398-0548 Lori.Soppe@stoneriver.com