/C O R R E C T I O N -- Specialty Underwriters' Alliance, Inc./

This version includes the text of the Partner Agent letter instead of an image link to the letter. The complete release follows: Specialty Underwriters' Alliance, Inc. Announces Unanimous Partner Agent Support for Board of Directors in Proxy Contest


CHICAGO, April 13  /PRNewswire-FirstCall/ -- Specialty Underwriters' Alliance, Inc. (NASDAQ:SUAI) ("SUA" or the "Company") today announced that each of its nine Partner Agents has sent a letter in support of SUA's current Board of Directors in connection with the election contest being waged.

Courtney Smith, SUA's Chief Executive Officer and President, stated "We are pleased that our Partner Agents have demonstrated their support for our Board of Directors and the strategic direction of our company.  The success of our model is based on working closely with a limited number of Partner Agents to produce profitable business without channel conflicts.  We look forward to continuing to explore ways to grow opportunities with our existing agents and contract with new agents that fit our model."

The text of one such letter from Risk Transfer Holdings, Inc., SUA's top producing Partner Agent and one of its three original Partner Agents, appears below:

  [Risk Transfer Holdings, Inc. letterhead]

  April 6, 2009

  The Board of Directors
  Specialty Underwriters' Alliance, Inc.
  222 South Riverside Plaza, Suite 1600
  Chicago, IL 60606-6001


  To Whom It May Concern:

  My name is Paul Hughes and I am Chief Executive Officer of Risk Transfer
  Holdings LLC (RTH). RTH has been a Partner Agent of SUA Insurance Company
  ("SUA") and a significant stockholder since November 2004.

  RTH entered into a relationship with SUA based on a strong relationship
  with its management and support of its vision. We are partners with them
  in every sense of the word. Over these past four years we have worked
  with SUA's management and its current Board of Directors to increase the
  value of our mutual organizations and we believe we are well-positioned
  to further increase this value significantly for SUA and ourselves.

  We are aware Hallmark Financial Services nominated three new Directors
  for consideration to be elected at the upcoming annual meeting of SUA in
  May 2009. In fact, Mark Morrison, President of Hallmark Financial
  Services reached out to me when his company was initially interested in
  purchasing SUA. We rejected these advances then and we reject them now.

  We fully support the election of Specialty Underwriters' Alliance, Inc.'s
  current Board of Directors and its strategic direction.

  [Signature: Paul Hughes]

  Paul Hughes
  Chief Executive Officer



This release and a copy of each Partner Agent's letter has been filed with the SEC and can be obtained directly from the Investor Relations section of SUA's website at http://ir.suainsurance.com/index.cfm.

About Specialty Underwriters' Alliance, Inc.

Specialty Underwriters' Alliance, Inc., through its subsidiary SUA Insurance Company, is a specialty property and casualty insurance company providing 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, professional employer organizations, public entities, and contractors. SUA's innovative approach provides products and claims handling, allowing the Partner Agent to focus on distribution and customer relationships.

Safe Harbor Statement

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. This release or any other written or oral statements made by or on behalf of the company may include forward-looking statements that reflect the company's current views with respect to future events and financial performance. All statements other than statements of historical fact included in this release are forward-looking statements. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may," "will," "plan," "expect," "intend," "estimate," "anticipate," "believe" or "continue" or their negative or variations or similar terminology. All forward-looking statements address matters that involve risks and uncertainties. Accordingly, there are or will be important factors that could cause our actual results to differ materially from those indicated in these statements. We believe that these factors include but are not limited to ineffectiveness or obsolescence of our business strategy due to changes in current or future market conditions; increased competition on the basis of pricing, capacity, coverage terms or other factors; greater frequency or severity of claims and loss activity, including as a result of natural or man-made catastrophic events, than our underwriting, reserving or investment practices anticipate based on historical experience or industry data; the effects of acts of terrorism or war; developments in the world's financial and capital markets that adversely affect the performance of our investments; changes in regulations or laws applicable to us, our subsidiaries, brokers or customers; acceptance of our products and services, including new products and services; changes in the availability, cost or quality of reinsurance and failure of our reinsurers to pay claims timely or at all; decreased demand for our insurance or reinsurance products; loss of the services of any of our executive officers or other key personnel; the effects of mergers, acquisitions and divestitures; changes in rating agency policies or practices; changes in legal theories of liability under our insurance policies; changes in accounting policies or practices; and changes in general economic conditions, including inflation and other factors. Forward-looking statements speak only as of the date on which they are made, and the company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

To learn more about Specialty Underwriters' Alliance, Inc., please visit: http://www.suainsurance.com/. 

DATASOURCE: Specialty Underwriters' Alliance, Inc.



CONTACT:  Scott Goodreau of Specialty Underwriters' Alliance, Inc.,

1-888-782-4672, , or Leslie Loyet of Financial

Relations Board, [phone], , for Specialty Underwriters'

Alliance, Inc.



Web Site:  http://www.suainsurance.com/ 

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