AAIS


Associated tags: AAIS, Data management, Property, Insurance, American Association of Insurance Services

reThought Flood Joins AAIS Partner Program, Delivering Unique, Technology-Based Approach to Underwriting Flood Insurance

Retrieved on: 
Tuesday, May 7, 2024

Lisle, IL, May 07, 2024 (GLOBE NEWSWIRE) --  The American Association of Insurance Services (AAIS) is excited to welcome reThought Flood to the AAIS Partner Program.

Key Points: 
  • Lisle, IL, May 07, 2024 (GLOBE NEWSWIRE) --  The American Association of Insurance Services (AAIS) is excited to welcome reThought Flood to the AAIS Partner Program.
  • “The goals of AAIS are exactly aligned with our own,” said Cory Isaacson, Chief Executive Officer of reThought Flood.
  • “Our mission is to create a sustainable commercial flood insurance market in the U.S., where 99% of counties flooded since 1996, but fewer than 10% of households have flood coverage.
  • To find out how AAIS Partners like reThought Flood can help create better customer experiences and increase speed to market, please visit AAISonline.com or contact the AAIS Member Engagement Team at [email protected] .

BluePond.AI Joins AAIS Partner Program, Offering Members Greater Efficiency and Regulatory Compliance Using Artificial Intelligence

Retrieved on: 
Thursday, March 14, 2024

Lisle, IL, March 14, 2024 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) is excited to welcome BluePond.AI , an automation platform for the P&C industry, to the AAIS Partner Program.

Key Points: 
  • Lisle, IL, March 14, 2024 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) is excited to welcome BluePond.AI , an automation platform for the P&C industry, to the AAIS Partner Program.
  • “AAIS and BluePond.AI share a vision to leverage emerging technologies to help improve efficiency and regulatory compliance in the industry,” said Pranav Pasricha, CEO of BluePond.AI.
  • The AAIS Partner Program provides AAIS Members with unique access to quality products and services that help them streamline processes, achieve operational efficiency, and grow their business.
  • To find out how AAIS and partners like BluePond.AI can help create better customer experiences and increase speed to market, please visit www.aaisonline.com or reach out to the AAIS Engagement Team at [email protected] .

SimpleSolve Joins AAIS Partner Program, Providing Members with Access to an Innovative Insurance Administration Platform

Retrieved on: 
Tuesday, January 16, 2024

Lisle, IL, Jan. 16, 2024 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) is excited to add SimpleSolve , a leading insurtech company, to the AAIS Partner Program.

Key Points: 
  • Lisle, IL, Jan. 16, 2024 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) is excited to add SimpleSolve , a leading insurtech company, to the AAIS Partner Program.
  • Since 2000, SimpleSolve has empowered the ongoing digitization of insurance through innovation and collaboration, continuously leveraging emerging technologies and seamless integrations with insurtech products and services.
  • “We are excited to provide AAIS Member carriers with solutions that leverage the latest innovative technologies,” said Antony Xavier, Founder & President at SimpleSolve.
  • “AAIS is thrilled to have SimpleSolve join the AAIS Partner Program,” said John Kadous, VP of Products at AAIS.

GhostDraft Joins AAIS Partner Program, Offering Streamlined Form Solutions for Members

Retrieved on: 
Monday, January 8, 2024

Lisle, IL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) is excited to welcome GhostDraft , a modern cloud-based insurance communication management solution since 1984, to the AAIS Partner Program.

Key Points: 
  • Lisle, IL, Jan. 08, 2024 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) is excited to welcome GhostDraft , a modern cloud-based insurance communication management solution since 1984, to the AAIS Partner Program.
  • This collaboration between GhostDraft and AAIS combines our insurance expertise, powerful technology, and dedicated services, enabling us to revolutionize the insurance forms process,” said Kim Cook, VP of Strategic Alliances at GhostDraft.
  • “Leveraging pre-configured AAIS forms, insurers can now reach new levels of efficiency and speed to market.”
    The AAIS Partner Program provides AAIS Members with unique access to quality products and services that help them streamline processes, achieve operational efficiency, and grow their business.
  • “Enabling speed to market for our Members is a high priority at AAIS,” shared John Kadous, VP of Products at AAIS.

AAIS Announces Werner E. Kruck as President and CEO

Retrieved on: 
Wednesday, June 21, 2023

Lisle, Illinois, June 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of American Association of Insurance Services (AAIS) is pleased to announce the selection of Werner E. Kruck as President and Chief Executive Officer, effective June 26, 2023.

Key Points: 
  • Lisle, Illinois, June 21, 2023 (GLOBE NEWSWIRE) -- The Board of Directors of American Association of Insurance Services (AAIS) is pleased to announce the selection of Werner E. Kruck as President and Chief Executive Officer, effective June 26, 2023.
  • Mr. Kruck has spent his entire career in leading roles within the insurance industry and has served on the AAIS Board of Directors since 2018.
  • More recently, Mr. Kruck served as a consultant to insurance and reinsurance companies, as well as private equity and investment firms.
  • “After a thorough search for a new CEO that identified a number of high-quality candidates, it became clear that no one is more qualified than Werner Kruck to lead AAIS going forward,” said AAIS Chairperson David Duclos.

AAIS Announces New Leadership Plans

Retrieved on: 
Wednesday, February 8, 2023

Lisle, Illinois, Feb. 08, 2023 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) has announced plans for a change in leadership with current CEO Ed Kelly assuming a role as Board Advisor through the CEO transition.

Key Points: 
  • Lisle, Illinois, Feb. 08, 2023 (GLOBE NEWSWIRE) -- The American Association of Insurance Services (AAIS) has announced plans for a change in leadership with current CEO Ed Kelly assuming a role as Board Advisor through the CEO transition.
  • The smooth transition acknowledges the foundation AAIS has built under Mr. Kelly’s leadership, and the momentum AAIS seeks to sustain going forward.
  • Commenting on the Leadership Transition Plan, AAIS Chairperson Dave Kaufman acknowledged Ed Kelly’s many contributions to AAIS.
  • “Ed has done a wonderful job in nearly 11 years at the helm of AAIS.

BizDynamics to Offer New Underwriting Solution for AAIS Members in Early 2023

Retrieved on: 
Tuesday, November 8, 2022

PISCATAWAY, N.J., Nov. 8, 2022 /PRNewswire/ -- BizDynamics, a cloud business unit of ValueMomentum, Inc., and the American Association of Insurance Services (AAIS) announced the launch of a new rate-quote platform for Commercial Output Program (COP) and Inland Marine Guide.

Key Points: 
  • BizDynamics, a cloud business unit of ValueMomentum, will offer AAIS Members rate-quote capabilities for Commercial Output Program and Inland Marine Guide starting in early 2023, accessible anywhere and anytime in the cloud.
  • AAIS Members will be able to access BizDynamics' fully managed, cloud-based platform anywhere and anytime.
  • "We're thrilled by the possibilities this new guide platform offers to AAIS Members," said Anant Iyer, President of Markets and Outreach at BizDynamics.
  • "We're able to offer AAIS Members faster quoting capabilities in a modern user experience, based in the cloud for 24/7 availability.

AAIS collaborates with IBM to transform insurance regulatory reporting using blockchain

Retrieved on: 
Wednesday, August 15, 2018

LISLE, Ill., Aug. 15, 2018 /PRNewswire/ --AAIS (American Association of Insurance Services), the only national not-for-profit insurance advisory organization, today introduced the openIDL (open Insurance Data Link), built on IBM Blockchain, to help automate insurance regulatory reporting.

Key Points: 
  • LISLE, Ill., Aug. 15, 2018 /PRNewswire/ --AAIS (American Association of Insurance Services), the only national not-for-profit insurance advisory organization, today introduced the openIDL (open Insurance Data Link), built on IBM Blockchain, to help automate insurance regulatory reporting.
  • Using openIDL, AAIS will help streamline regulatory and compliance requirements while improving efficiency and accuracy for both insurers and state insurance departments, ultimately benefiting the entire industry, including policyholders.
  • "Simplifying the process for insurance reporting using blockchain will create dynamic shifts in efficiency and provide the industry with new insights that will even benefit consumers.
  • AAIS serves as the openIDL administrator, providing unbiased governance for the blockchain platform within existing insurance regulatory frameworks.

AAIS Strengthens Leadership with Addition of VP - Data and Actuarial Solutions and new Product Management

Retrieved on: 
Monday, June 25, 2018

Phil LeGrone joins AAIS as Vice President Data and Actuarial Solutions.

Key Points: 
  • Phil LeGrone joins AAIS as Vice President Data and Actuarial Solutions.
  • In this newly created role, he will be leading the Data Engineering and Actuarial Solutions teams with an emphasis on unification, refinement, and streamlining of AAIS data, products, and services.
  • Phil joins AAIS from Risk Management Solutions where he was a Senior Director in their Consulting group.
  • Further bolstering its commercial product line capabilities, AAIS also appointed Hiten Sanghavi as AAIS Product Manager - Farm and Commercial.

AAIS Announces Approval of CannaBOP…the First Cannabis Businessowners Insurance Policy

Retrieved on: 
Monday, June 4, 2018

Filed with the California DOI on 4/20, the AAIS California CannaBOP program received relatively quick regulatory approval.

Key Points: 
  • Filed with the California DOI on 4/20, the AAIS California CannaBOP program received relatively quick regulatory approval.
  • CannaBOP provides a package policy with both property and liability coverage for qualifying California cannabis dispensaries, storage facilities, distributors, processors, manufacturers, and other businesses participating in or supporting the California cannabis industry.
  • "Cannabis businesses need insurance coverage to help them recover when something goes wrong just as any other legalized business does," said California Insurance Commissioner Dave Jones.
  • "This first-of-its-kind Cannabis Business Owners Policy or CannaBOP program will make it easier for more insurers to enter the market and fill coverage gaps for cannabis businesses.