Fremont Michigan InsuraCorp, Inc.

Investor Presentation

June 2008

Exhibit 99.1

Richard E. Dunning

President and CEO

3

Company Overview

Fremont Michigan Insuracorp –

holding company of Fremont Insurance

Company

Property & casualty insurance carrier

Formed as mutual in 1876

Demutualized and converted to stock company in October 2004 via IPO

Headquartered in Fremont, Michigan

Multi-line product offering:

o

Personal

o

Commercial

o

Farm

o

Marine

Focused on individuals and small to medium sized businesses exclusively

in Michigan

4

Company Overview

61,150 policies in force at March 31, 2008

180 independent insurance agencies marketing Fremont

policies throughout Michigan

Assets of $85.4 million at March 31, 2008

Direct premiums written of $54 million for the year ended

December 31, 2007

Stock Symbol: FMMH traded on OTC Bulletin Board

“B++”

(Good) rated by A.M. Best –

upgraded in 2006

5

Investment Catalysts

Experienced management team

Focus during soft market

o

Maintain underwriting discipline

o

Continued revenue growth in soft market

o

Generation of fee income

Investment in technology

Focused agency network

Financial performance

6

Experienced Management Team

2003

8

VP –

Finance

Kevin Kaastra, CPA

2007

27

VP –

Commercial Lines

Kent Shantz, CIC

2003

28

VP –

Personal Lines & Product

Pricing

Skip Massucci, CPCU,

API

2005

3

VP –

Information Technology

Dave Mangin

1972

36

VP –

Agency Relations, Farm &

Marine Lines

William Hall

1982

26

Sr. VP –

Admin. & Treasurer

Marv Deur

1998

17

VP -

Marketing

Kurt Dettmer

1996

12

President & CEO

Richard Dunning

Year

Joined

Fremont

Years of

Industry

Experience

Title

Name

7

Ownership of Mgt., Board & Employees

13.2%

1.6%

4.9%

6.8%

% of Total

Shares

228,574

Total

27,655

Company 401(k) Plan

83,872

Board of Directors

117,047

Management Team

Common Stock

Group

8

Underwriting Discipline

Soft market drives carriers to relax their underwriting

standards and reduce rates

Key to success is ensuring that exposure is appropriately

priced for the amount of risk assumed

Consistent standards to evaluate risk

Specialized underwriting by line of business

Handling initial application screening, report running, and policy issuance

Due diligence process

Financial stability and responsibility of the insured

Insurance score

Inspections

Engineering reports

Rating software

Motor Vehicle Reports

Exchange of claims information

9

Technology –

Fremont Complete

Proprietary web-based rating platform

Quote, bind and issue policy

Real-time interface with policy processing system

Eliminated paper submissions and allowed real-time

rating to agents

Submissions must meet underwriting standards

otherwise referred to underwriter

Product lines: homeowners, personal & commercial auto,

mobilowners, businessowners, marine and workers

compensation

Invested over $2.5 million since 2005

Received (10/07) national award by Applied Users Group

10

Technology –

Real Time Functionality

Invoice and Policy Inquiry

Claim Status

Make Payment On-line

Policy Pricing

First Notice of Loss

Agency Download

Website Log-in

11

Fremont Complete

12

Direct Premium Written Per Employee

$200,000

$300,000

$400,000

$500,000

$600,000

$700,000

$800,000

$900,000

$1,000,000

1997

1999

2001

2003

2005

2007

DPW

Projected

2008

13

Agency Distribution Network

Exclusive product marketing in Michigan

180 independent agencies

Disciplined rate development process

Goal:

To be ranked as a top-four insurer within each independent agency

Agencies:

Focus on partners with strong track records of success

Compensation linked to performance

Management:

Aggressive monitoring of agency activity

Strong home office support staff for all agencies

14

Top Line Growth Potential

Michigan Market

Others

99.6%

Fremont

0.4%

Fremont

Others

Total DPW in Michigan market is $13.4 billion

Fremont writes $54 million representing 0.4% of the total market

Significant growth potential in Michigan for Fremont

Kevin G. Kaastra, CPA

Vice President of Finance

16

1

st

Quarter Financial Results

(In thousands, except

per share data)

2008

2007

$

%

Direct premiums written

12,064

$      

10,963

$      

1,101

$  

10.0%

Net premiums earned

11,217

$      

10,265

$      

952

$     

9.3%

Net investment income

516

491

25

5.1%

Net realized gains

159

28

131

467.9%

Other income, net

138

104

34

32.7%

Total revenues

12,030

10,888

1,142

10.5%

Losses and LAE, net

6,337

5,831

506

8.7%

Underwriting expenses

4,063

3,848

215

5.6%

Interest expense

-

50

(50)

-100.0%

Total expenses

10,400

9,729

671

6.9%

Income before tax

1,630

1,159

471

40.6%

Federal income tax

526

356

170

47.8%

Net income

1,104

$         

803

$            

301

$     

37.5%

Diluted EPS

.61

$             

.45

$             

0.17

$    

37.0%

Loss & LAE ratio

56.5%

56.8%

Expense ratio

36.2%

37.5%

Combined ratio

92.7%

94.3%

Quarter Ended

March 31,

Change

17

14 Quarters of Profitable Results

-

1,000

2,000

3,000

4,000

5,000

6,000

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

Pretax income

Combined Ratio

18

Historical Financial Results

(000's, except per share data)

2007

2006

2005

2004

2003

Direct premiums written

53,956

$      

48,869

$      

45,516

$      

41,971

$      

38,323

$      

Net premiums earned

42,774

$      

39,249

$      

38,756

$      

27,196

$      

18,099

$      

Net investment income

2,165

1,888

1,689

1,176

815

Net realized gains

1,978

520

609

276

(32)

Other income, net

471

417

397

386

388

Total revenues

47,388

42,074

41,451

29,034

19,270

Losses and LAE, net

24,424

17,565

20,704

17,039

11,370

Underwriting expenses

15,897

13,600

12,508

9,615

6,887

Interest expense

146

228

309

487

577

Demutualization expenses

-

-

-

302

175

Total expenses

40,467

31,393

33,521

27,443

19,009

Income before tax

6,921

10,681

7,930

1,591

261

Federal income tax

2,037

3,466

(1,152)

78

35

Net income

4,884

$         

7,215

$         

9,082

$         

1,513

$         

226

$            

Diluted EPS

2.69

$           

3.98

$           

5.09

$           

.50

$             

NA

Loss & LAE ratio

57.1%

44.8%

53.4%

62.7%

62.8%

Expense ratio

37.2%

34.6%

32.3%

35.4%

38.1%

Combined ratio

94.3%

79.4%

85.7%

98.1%

100.9%

19

Profitable Top Line Growth

-

10,000

20,000

30,000

40,000

50,000

60,000

2003

2004

2005

2006

2007

0.0%

20.0%

40.0%

60.0%

80.0%

100.0%

120.0%

Personal

Commercial

Farm

Marine

Combined ratio

20

Combined Ratio

Source: Insurance Information Institute, AM Best, ISO

98.3

92.4

95.6

100.7

100.1

98.1

85.7

79.4

94.3

100.9

75

85

95

105

2003

2004

2005

2006

2007

Industry

Fremont

Despite Katrina,

’05 benefited from

heavy use of

reinsurance which

lowered net losses

’06 produced the

best industry

underwriting result

since 87.6 combined

ratio in 1949

Record setting combined

ratio for Fremont

Target Combined Ratio: 94%

21

Investment Income

(100)

400

900

1,400

1,900

2,400

Net Investment Income

815

1,176

1,689

1,888

2,165

Realized Gains

(32)

276

609

520

1,978

2003

2004

2005

2006

2007

22

Return on Equity

(a) 2005 ROE includes impact of $3.8 million tax benefit from release of deferred tax valuation allowance. ROE

excluding this item was 24.2%.

*Source: ISO

-

10.0%

20.0%

30.0%

40.0%

Fremont

2.9%

11.8%

42.1%

23.9%

13.2%

Industry*

8.9%

9.4%

9.6%

12.2%

13.0%

2003

2004

2005 (a)

2006

2007

Target ROE: 12% -

14%

23

Reinsurance

Primary Coverage

Multi-line excess of loss coverage

o

$150,000 retention –

max exposure

to Company on any one loss

o

Casualty Coverage: $4,850,000

above retention

o

Property Coverage: $9,850,000

above retention

Catastrophe excess of loss coverage

o

$1,250,000 retention for any one

event

o

Coverage: $24,750,000 above

retention

Reinsurance Partners

AON Re –

Broker

QBE Reinsurance Company

Toa Reinsurance Company

GMAC Re

Lloyds

Others

24

Investment Portfolio

(in '000s)

3/31/2008

%

12/31/2007

%

U.S. Govt

541

$      

1%

3,198

$     

5%

• No subprime holdings

Tax Exempt Muni

26,458

46%

25,761

44%

Taxable Muni

3,522

6%

-

0%

• 98% of MBS are agency

Corporates

5,002

9%

6,834

12%

  backed

Mortgage Backed

14,301

25%

14,736

25%

Total Bonds

49,824

87%

50,529

86%

• All insured tax-exempt

  securities have underlying

Equities

7,356

13%

8,305

14%

  rating of A- or higher

Total

57,180

$ 

100%

58,834

$   

100%

• Equities consist of mutual funds

Bond TE Yield

5.3%

5.3%

  in large, mid and small-cap

Bond Duration

5.3

5.1

  and international/specialty

Bond Rating Allocation

AAA

65%

AA

17%

A

18%

Average

AA+

Highlights

25

Book Value Growth

$-

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

Stock Price

$4.85

$5.85

$10.68

$24.76

$18.64

$19.50

Book Value

$9.18

$9.74

$14.55

$19.37

$22.16

$22.31

10/15/04

12/31/04

12/31/05

12/31/06

12/31/07

6/9/08

Represents 3/31/08 Book Value

26

Strategic Operating Metrics

Peer Performance in Top Quartile

Maximum Premium to Surplus Ratio of 1.5

Target ROE: 12% -

14%

Expense Ratio –

Top Quartile of Peers

Processing & Product Fee Income

27

Why Invest In Fremont?

Experienced management team with ownership stake

Established business model producing profitable growth

Award winning technology platform –

Fremont Complete

Focused agency network

Book value growth and transparent balance sheet

Top and bottom line growth potential

Questions

29

Fremont Michigan Insuracorp, Inc. (the “Company”) may from time to time

make written or oral “forward-looking statements,”

including statements

contained in the Company’s filings with the Securities and Exchange

Commission, in its reports to shareholders and in other communications by the

Company, which are made in good faith by the Company pursuant to

the “safe

harbor”

provisions of the Private Securities Litigation Reform Act of 1995.

These forward-looking statements include statements with respect to the

Company’s beliefs, plans, objectives, goals, expectations, anticipations,

estimates and intentions, that are subject to significant risks and uncertainties,

and are subject to change based on various factors (some of which are beyond

the Company’s control).The words “may,”

“could,”

“should,”

“would,”

“believe,”

“anticipate,”

“estimate,”

“expect,”

“intend,”

“plan”

and similar expressions are

intended to identify forward-looking statements. A partial list of important

factors that may affect our financial condition and results of operations is set

forth in our filings with the Securities and Exchange Commission. The

Company cautions that the list of important factors is not exclusive. Readers

are also cautioned not to place undue reliance on these forward-looking

statements, which reflect management’s analysis only as of the current

date.The Company does not undertake to update any forward-looking

statement, whether written or oral, that may be made from time to time by or on

behalf of the Company.

Fremont Michigan InsuraCorp, Inc.

Investor Presentation

June 2008