UNITY FINANCIAL AGAIN HONORED BY INC. MAGAZINE

Cincinnati, Ohio, September 30, 2009 - For the second year in a row, Inc. Magazine has honored Unity Financial in their listing of the 5,000 fastest growing privately owned companies in America. With a small qualification, Unity Financial Life is again the fastest growing privately owned life insurance underwriter in America. There is one other company with a life charter that grew faster but 99+ percent of their premium is not life insurance. The ranking is based on revenue growth for 2005-2008.

Tom Hardy, President and CEO, reports that he is very pleased that the company has been recognized again by Inc. Magazine and notes that Unity Financial’s growth in 2009 will be higher than 2008. He attributes part of the growth in 2009 to the company’s strong balance sheet and avoidance of investment problems which has attracted quality new distribution sources.

Unity Financial Life Insurance Company is based in Cincinnati, Ohio and is licensed in 43 jurisdictions. The company specializes in providing life insurance for pre-need funeral funding and irrevocable funeral trust funding. Unity Financial has increased its premium and capital every year since 2002.
 

RECORD FIRST HALF RESULTS

Cincinnati, Ohio, August 12, 2009 - Tom Hardy, President and CEO of Unity Financial Life Insurance Company announced that the second quarter and the first half of 2009 produced the best results in Unity Financial’s history. All major areas contributed to the positive results for the first half:

• Sales and premium set records with sales up 27 percent and premium up 21 percent.
• New agent appointments are at record levels.
• Investment income was up 30 percent to a record high.
• Operating income increased 805 percent.
• Unity Financial continues to have no investment write-downs, no investment write-offs   and no investments    rated less than investment grade.

Mr. Hardy noted that with a great deal of uncertainty in the marketplace resulting from financial concerns about the industry, Unity Financial’s financial strength has become a magnet for customers and agents. Although Unity Financial is the smallest of the nationwide pre-need and funeral trust insurance companies, it is widely known as one of the most financially solid competitors in the industry.

Unity Financial Life Insurance Company serves the pre-need funeral funding and funeral trust markets, with licenses in 43 states. The headquarters is in Cincinnati, Ohio. For additional information, call 877-523-3231.
 

UNITY FINANCIAL LIFE REPORTS STRONG RESULTS FOR 2008

Cincinnati, Ohio, March 16, 2009 - Tom Hardy, President and CEO of Unity Financial Life Insurance Company reported record results for 2008. Assets grew to $75 million, up 29 percent from 2007 and premium was over $23 million, up nine percent from 2007. Capital and Surplus increased for the seventh consecutive year.

In the current atmosphere of concern over investment problems for financial institutions, including insurance companies, Mr. Hardy stated that he was very pleased to note that Unity Financial has avoided such problems to date. Several years ago the company adopted a conservative investment philosophy which permits only investment grade securities with no equities, no mortgage loans, no real estate, no “unusual” investments. As a result, for the last seven years Unity Financial has had no investment write-offs, no write-downs, no securities owned with below investment grade ratings. Although portfolio yields were lower than those of some competitors during good times, it is very positive that Unity Financial has been rewarded for its approach in less good times.

During the year, new distribution joined Unity Financial to expand and diversify the company’s insurance funeral funding market. To support future growth, Unity Financial received Certificates of Authority to do business in California and Massachusetts which brings the total jurisdictions to 43. Unity Financial Life provides insurance products and support for pre-need funeral contracts and for Medicaid asset exemption protection. Unity Financial life is the fastest growing privately owned life insurance underwriter in the country and is the fastest growing pre-need insurance company. The Home Office is located in Cincinnati, Ohio.

 

UNITY FINANCIAL RECEIVES MASSACHUSETTS COA

Cincinnati, Ohio September 29, 2008 - Unity Financial Life Insurance Company has received a Certificate of Authority to do business in Massachusetts. With this expansion, Unity Financial is now licensed to do business in 42 states plus the District of Columbia.

Tom Hardy, President and CEO, announced the expansion and stated that the growing geographical opportunity to provide products will help Unity Financial’s traditional pre-need marketing and its newer funeral trust business.

Unity Financial Life Insurance Company is based in Cincinnati, Ohio and is the fastest growing provider of pre-need funeral insurance funding and the fastest growing privately owned life insurance underwriter.

UNITY FINANCIAL HONORED BY INC. MAGAZINE

Cincinnati, Ohio August 22, 2008 - Unity Financial Life Insurance Company is pleased to announce that Inc. magazine, as a part of their Inc. 5000 list of the fastest growing privately owned companies in America lists Unity Financial Life Insurance Company as the fastest growing privately owned life insurance underwriter in the country. The ranking is based on revenue growth for 2004-2007.

Tom Hardy, President and CEO, states that he believes that the growth is based on excellent products and outstanding service, matched with a highly regarded field distribution. The rapid growth began in 2002 and continues through the period covered by Inc. magazine. From a largely regional base, Unity Financial is now licensed in 42 state plus the District of Columbia.

Unity Financial Life Insurance Company is based in Cincinnati, Ohio and the growth through 2007 is from policies purchased for pre-need funeral funding. From 2002 through the present, the company has had no investment write-offs and the balance sheet is very conservative. Unity Financial is the fastest growing pre-need insurance company in America.

UNITY FINANCIAL ANNOUNCES NEW CHIEF MARKETING OFFICER

Cincinnati, Ohio July 1, 2008 - Tom Hardy, President and CEO, announced the retirement of Les Thompson, Unity Financial's Chief Marketing Officer, and the appointment of Jay Hardy as Unity Financial's new Chief Marketing Officer.

Mr. Hardy noted that Les Thompson has been the company's Chief Marketing Officer since the change in company ownership in 2002. During this period, premium income has grown to almost five times the 2002 level and the company has grown from a small regional company to one licensed in 42 states with sales across the country. Les Thompson has been very instrumental in leading the sales growth.

Jay Hardy became a full time employee in June of 2007 when Les Thompson internally announced his desire to retire in 2008. Jay has been an investor and on the Board of Directors since 2002 so he has remained current on company progress. Les and Jay have worked very closely for a year leading up to this transition.

Although Les Thompson reports that he looks forward to retirement, he is not quite retiring from Unity Financial. Les will become Unity Financial's Managing General Agent in Alabama where he is moving. He knows this territory very well.

Unity Financial Life's headquarters are in Cincinnati, Ohio. The company provides products for the insurance funding of funeral expenses. Unity Financial Life Insurance Company is the fastest growing pre-need life insurance company in America.

UNITY FINANCIAL ANNOUNCES CALIFORNIA COA

Cincinnati, Ohio April 15, 2008 - Tom Hardy, President and CEO of Unity Financial Life Insurance Company, announced that Unity Financial has just received a Certificate of Authority from the state of California. With this addition, Unity Financial now has authority to do business in 42 states including the District of Columbia.

Mr. Hardy reported that this charter is especially important for Unity Financial because the California Funeral Directors Association has chosen Unity Financial as its exclusively endorsed pre-need insurance company. With this new Certificate of Authority, the roll- out of Unity Financial's products to the funeral homes of California will begin as soon as product approvals are received.

Unity Financial Life's headquarters are in Cincinnati, Ohio. The company provides products for the insurance funding of funeral expenses. Unity Financial Life Insurance Company is the fastest growing pre-need life insurance company in America.

2007 FINANCIAL RESULTS

Cincinnati, Ohio March 10, 2008 - 2007 was a year of great progress at Unity Financial Life Insurance Company. Premium income was up 17 percent which continues the trend of the last several years. 2007 premium is 470 percent of 2002 premium. Operating income before tax was 215 percent of 2006 and net income after tax was 164 percent of 2006. Capital and Surplus, which is needed to fund future growth, grew by more than net income.

Tom Hardy, President and CEO, reported that Unity Financial moved forward in many ways beyond just the obvious financial statement improvements. A key addition to the management team was added in 2007 and late in the year applications for additional state charters were filed. Customer service continues to rank among the best in the pre-need industry.

Although many insurance companies, both pre-need and other, found 2007 to be a difficult year for their investments, Unity Financial's investment income was up 22 percent and there were no write-offs. All of Unity Financial's investments are investment grade bonds - no mortgages, no real estate, no junk bonds, no common stock, and none of the more unusual investments that have created problems for competitors.

Unity Financial Life Insurance Company is based in Cincinnati, Ohio and concentrates on life insurance products used to fund funerals. Unity Financial continues to be America's fastest growing pre-need insurance company.

UNITY FINANCIAL ANNOUNCES NEW DIRECTOR

Cincinnati, Ohio, December 3, 2007 - Tom Hardy, President and CEO of Unity Financial Life Insurance Company, announced that John Yanko has been elected to the Board of Directors of Unity Financial. Mr. Yanko's term will begin December 31, 2007.

Mr. Hardy stated that Mr. Yanko's actuarial background will be very useful on the Board, especially the pre-need experience Mr. Yanko developed over fifteen years as chief actuary for a large pre-need competitor of Unity Financial. Mr. Hardy also noted that he has developed a high level of respect for Mr. Yanko during the thirty years they have known each other.

Unity Financial Life Insurance Company, based in Cincinnati, Ohio, has been the fastest growing pre-need life insurance company in America since 2003.