SOURCE: AAA Public Adjusting Company

May 04, 2011 09:40 ET

AAA Public Adjusting: An Introduction to a Uniquely Profitable Business in the Hundred Billion Dollar Property & Casualty Loss Market

HOLLYWOOD, FL--(Marketwire - May 4, 2011) - AAA Public Adjusting Group (OTCQB: AAAA) (PINKSHEETS: AAAA). AAAA, a company with over 100 years combined experience adjusting insurance claims in the state of Florida, proudly introduces shareholders and investors to its business and how the Company fits into and expects to grow within the $500 Billion annual insurance industry. AAAA is unique in the public insurance adjusting business since it became a publicly traded company last year.

"We represent home and business owners to get more from their insurance claims, and we generate revenues as part of the recovery we obtain from the insurer for our clients," stated Chris Lombardi, CEO of AAAA. "The amount of claims for property loss has normal baselines. We can typically obtain a higher adjustment valuation from the insurance companies for claims compared to what our clients could achieve on their own."

Mr. Lombardi further stated, "In essence, our business model revolves around taking contracted percentages of the recovery we are able to achieve for our clients. Based upon our current growth and projections, we anticipate that by strategic entry into other markets and launching a targeted advertising campaign our nearly $1 Million in annual revenue should increase substantially in the near term."

Lombardi explained, "AAAA has the experience and knowledge to interpret policy language to assure clients receive proper payment for all covered damages, not just the amounts the insurance companies will pay to make a claim go away. AAAA completes a full assessment of the loss, prepares the necessary documentation and represents the client's claim to the insurance carrier. AAAA specializes in the areas of first party commercial, residential, inland marine and crop insurance claims."

"Many times AAAA is able to reopen old, closed claims to obtain additional financial recovery in the range of 100-1000%+ more than the original payment," stated Lombardi.

"With normal losses/claims we will expand our business through the financial wherewithal our investors have brought to us," continued Lombardi. "With more catastrophic losses, such as a busy storm or hurricane season, comes an even greater opportunity for us to ease the stress of victims of these disasters, while creating even more revenue for both our company and for shareholder's benefit."

About AAAA
AAAA has over 100 years' combined experience adjusting insurance claims in the state of Florida. They handle all aspects of the claims process including documentation, estimation, and settlement on behalf of the insured. AAAA handles first-time and reopened claims sometimes rewarding the insured with ten times the original settlement. In addition to the thousands of clients they currently have, AAAA has an ever expanding customer base as the millions of Floridian homeowners who have insurance may encounter a claim. In 2011 AAAA has plans to expand operations and advertising efforts to boost revenues and ensure longevity in the Florida and beyond.

The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as "believes," "expects," "potential," "plans," "projected," "suggests," "may," "should," "could," "intends," or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.

Contact Information

  • Contact:
    Chris Lombardi
    P: 1-954-894-0043
    1926 Hollywood Blvd. #100
    Hollywood, FL 33020