Aipso

Rating & Actuarial Services is a licensed rating and/or advisory organization in more than 45 states and the District of Columbia. We (1) collect, evaluate, and edit insurance premium,loss,and expense data received from statistical organizations that collect the data from insurance companies, (2) develop rates and rating rules designed specifically for the residual market, (3) develop individual rates for unique risks not specifically rated from the rating manuals, (4) present rate indications to governing committees, (5) file rates and rules with regulators on behalf of state residual market organizations, (6) provide rates and rules in both print and online formats.

AIPSO Insurance Operations Services functions as a service provider to private and commercial risks in support of the auto insurance residual markets Commercial Automobile Insurance Procedures (CAIPs), Joint Underwriting Associations (JUAs), and Personal Automobile Insurance Plans (PAIPs) and Private Passenger Pools (PPPs). We (1)utilize a fronting company vendor in jurisdictions where Plan paper is not currently approved for use, (2)underwrite and issue policies assigned via contract with specific state Plan mechanisms, (3)provide customer service to producers and policyholders, (4)work with a claims vendor to service and settle all claims arising from issued policies and (5)report premium and loss statistical data to the mechanisms statistical agents.

Producer Certification Services provides support for producer licensing and certification for residual market organizations. Management Consulting Services provide management expertise on a consulting basis to residual market mechanisms that are supported, but not managed, by our organization.

Pooling Mechanism Support Services provides analysis and administrative support for residual market organizations. Fraud Containment Services takes measures on both a national and state level to identify and combat premium diversion and other types of fraud in connection with insurance coverage provided through auto insurance residual market mechanisms and Producer involvement.

Regulatory Affairs Services communicates with state insurance regulatory agencies on various filings and regulatory issues. Servicing Carrier Audit Services conducts compliance audits (remotely or on-site) of residual market servicing carriers. Uniform Operating Rules Services develops uniform operating rules for residual market organizations.

Financial Services provides accounting and investment services for any residual market organization. Plan Management Services provides all necessary services, support, and/or products that are needed for the effective and efficient administration of an auto insurance plan, joint underwriting association, or reinsurance facility. Application Processing Services provides customer support

for any residual market mechanism. Legal and Compliance Services provides all necessary legal counsel and support for automobile residual market organizations managed by AIPSO. Members Participation Services collects data and performs calculations for insurers to equitably participate in the operating results of pooling mechanisms such as PAIP, CAIP,

JUA, and RF. Policy Form Service develops automobile insurance policies designed specifically for the residual market. Quota Sharing Services develops and adjusts quota ratios for insurers to maintain equitable sharing of insurance applications.