Northern Capital Insurance Group ranks #1 on Inc. Magazine 28th Annual List of America’s Fastest-Growing Private Companies…the “Inc. 500”

MIAMI--(BUSINESS WIRE)--Inc. magazine today released its 2009 “Inc. 500” list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at this most important segment of the economy. Florida-based Northern Capital Insurance Group is ranked number one in growth in the US. Northern Capital Insurance had $95 million in revenue in 2008 and an impressive three-year growth rate.

“We’re excited to be recognized as the leading growth company on the 2009 'Inc. 500' list. It is a tremendous validation of the consistent hard work and commitment to customer service of the Northern Capital Insurance team”

Topping this year’s list, Northern Capital Insurance has moved beyond its roots in homeowners insurance, and into auto and commercial lines. The Company is expanding its operations throughout the state of Florida.

The Inc. 500 Rankings:

Rank	Company	Location	Industry	Year Founded	Three-Year Revenue Growth	2008 Revenue
1	Northern Capital Insurance	Miami	Insurance	2003	19,812.2%	$95 Million

“We’re excited to be recognized as the leading growth company on the 2009 'Inc. 500' list. It is a tremendous validation of the consistent hard work and commitment to customer service of the Northern Capital Insurance team,” said Al Fernandez, Vice Chairman of Northern Capital Insurance Group. “We’ve experienced significant company growth over the past several years. The key to our success is our focus on our core competencies within the insurance industry, and serving the markets we know throughout Florida by providing outstanding customer service from underwriting to claims,” added Mr. Fernandez.

The 2009 Inc. 500 list, unveiled in the September issue of Inc. magazine (available on newsstands August 17) and on Inc.com, reported aggregate revenue of $18.4 billion…up significantly from last year's $13.7 billion…and a median three-year growth rate of 880.5 percent for the companies listed.

The companies on this year's list are also responsible for creating more than 55,000 jobs since their founding, making the Inc. 500 perhaps the best example of the impact private, fast-growing companies can have on the overall U.S. economy.

“If you want to know which companies are going to change the world, look at the Inc. 500,” said Inc. editor Jane Berentson. “These are the most dynamic, fast-growth companies in the nation, the ones finding innovative solutions to problems, creating smart systems, and inventing products we soon discover we can’t live without. The Inc. 500 list is Inc. magazine’s tribute to American business ingenuity and ambition.”

About Inc. Magazine

Founded in 1979 and acquired in 2005 by Mansueto Ventures LLC, Inc. (www.inc.com) is the only major business magazine dedicated exclusively to owners and managers of growing private companies that delivers real solutions for today’s innovative company builders. With a total paid circulation of 712,961, Inc. provides hands-on tools and market-tested strategies for managing people, finances, sales, marketing, and technology.

About Northern Capital Insurance Group (NCIG)

Northern Capital Insurance Group (NCIG) is an insurance and financial holding company incorporated and domiciled in Florida. The Group’s two admitted Florida-based carriers, Northern Capital Insurance Company and Northern Capital Select Insurance Company are regulated by the Florida Office of Insurance Regulation and both are committed to providing homeowners, auto, and commercial lines coverage to meet the unique needs of Florida residents.

The group also includes subsidiaries, Northern Capital Management Inc., Keystone Adjusters Inc., InsurePro Technologies Inc. and Arlington Risk Services. These companies offer a broad range of insurance-related services to include claims adjusting, policy processing, insurance technology platforms, and risk inspection services to property and casualty companies and other non-insurance related businesses.

For more information on Northern Capital Insurance Group please visit our website www.northerncapitalinsurancegroup.com.