Exhibit 21.1

Subsidiaries of the Registrant
Independence American Holdings Corp. (DE)
	Independence American Insurance Company (DE)
	IndependenceCare Underwriting Services - Minneapolis, L.L.C. (MN)
	Risk Assessment Strategies, Inc. (DE)
	Voorhees Risk Management LLC (DE)
	HealthInsurance.org, LLC (DE)
	Independent Producers of America, LLC (DE)
	Excess Claims Administrators, Inc. (DE )
	Majestic Underwriters LLC (DE)