Agency Holding Company, Inc.
Baltimore, Maryland
November 2006

Bengur Bryan provided financial advisory services to Agency Holding Company, Inc. of Maryland, Inc., the holding company for Agency Services, Inc. and Agency Insurance Company of Maryland, Inc.

Agency Services, Inc. is a leader in the insurance premium finance industry. ASI facilitates a simple and cost effective method to borrow money to pay MAIF personal and commercial insurance premiums within Maryland. ASI has financed billions of dollars in premiums over the last 25 years.

Agency Insurance Company of Maryland, Inc. concentrates on the insurance market for high-risk (“non-standard”) auto insurance. The non-standard market not only includes people with poor driving records, but also good drivers who own exotic cars, seasonal workers who let their insurance lapse, young drivers who are not included on their parents' policies and non-English-speaking drivers.