Atlas Initiates Biomechanical Data Related Pilot

    




 CHICAGO, Feb. 27, 2012 /CNW/ - Atlas Financial Holdings, Inc.  announced today that a pilot program with  Injury Sciences LLC ("Injury Sciences") was initiated in first quarter  2012.  The objective of this pilot is to identify and evaluate  potentially fraudulent claims through the use of Injury Sciences'  forensic technologies applied to taxi, limousine and paratransit  insurance claims. 

 As an industry leader in specialty  commercial automobile insurance  segments, Atlas is well positioned to determine how this breakthrough  technology can be applied in the Company's niche.  Injury Sciences'  software and services are the result of over 25 years of research and  analysis of vehicular collisions and injury outcomes.  Their data and  scientific methodology has been used in other insurance segments to  effectively fight fraud and support a common objective of all insurance  companies, to pay claims that are legitimately owed. 

 This pilot will be the first time Injury Sciences experience in the area  of biomechanical data and low impact injury causation will be focused  on the taxi, limousine and paratransit insurance segment.  Should the  pilot prove to be successful, Atlas will use the results to improve  underwriting profitability and benefit the Company's policyholders  through expense control and fraud avoidance. 

 About Atlas: 

 The primary business of Atlas is commercial automobile insurance in the  United States , with a niche market orientation and focus on insurance  for the "light" commercial automobile sector including taxi cabs,  non-emergency paratransit, limousine/livery and business auto. The  business of Atlas is carried on through its operating insurance  subsidiaries American Country Insurance Company and American Service  Insurance Company, Inc. Atlas' operating insurance subsidiaries have  decades of experience with a commitment to always be an industry leader  in these specialized areas of insurance. 

 Additional information about Atlas, including a copy of the Company's  most recent financial statements and MD&A, can be accessed on the  Canadian Securities Administrators' website at www.sedar.com or through the Company's website at www.atlas-fin.com. 

 About Injury Sciences LLC: 

 Injury Sciences LLC is headquartered in San Antonio, Texas, and is the  leader in software and services that provide claims professionals with  objective, scientific analytics and information for use in the  evaluation of an auto claim. Injury Sciences' team of leading forensic  scientists has conducted extensive research regarding human response to  auto collision events. Many of these studies have been published in  peer-reviewed scientific publications and are internationally  recognized and referenced in the scientific community. 

 Additional information about Injury Sciences can be found on their  website at www.injurysciences.com. 

 Notice regarding forward-looking statements: 

 This release includes forward-looking statements regarding the Company  and its subsidiaries and businesses. Such statements are based on the  current expectations of the management of each entity. The words  "anticipate", "expect", "believe", "may", "should", "estimate",  "project", "outlook", "forecast" or similar words are used to identify  such forward looking information.  The forward-looking events and  circumstances discussed in this release may not occur and could differ  materially as a result of known and unknown risk factors and  uncertainties affecting the companies, including risks regarding the  insurance industry, economic factors and the equity markets generally  and the risk factors discussed in the "Risk Factors" section of our  Management Discussion and Analysis and Annual Report for the year ended  December 31, 2010 . No forward-looking statement can be guaranteed.  Except as required by applicable securities laws, forward-looking  statements speak only as of the date on which they are made and the  Company and its subsidiaries undertake no obligation to publicly update  or revise any forward-looking statement, whether as a result of new  information, future events, or otherwise.  

 Neither TSX Venture Exchange nor its Regulation Services Provider (as  that term is defined in the policies of the TSX Venture Exchange)  accepts responsibility for the adequacy or accuracy of this release. 

Atlas Financial Holdings, Inc.


CONTACT:  Scott Wollney, Chief Executive Officer of Atlas FinancialHoldings,Inc. at 847-700-8600 


    

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