American Association Of Insurance Services
LISLE, IL
Total revenue
$28.6M
Total expenses
$27.9M
Net assets
$10.9M
Grants received
—
EIN
362021360
Tax year
2023
Mission
To promote the interests of affiliated and organized groups of insurance companies.
Programs
2 programs
Aais collects company insurance data on behalf of state regulators and reports such data to the regulators in order to satisfy member companies i statutory reporting requirements. For the fiscal year ended june 30, 2024, aais processed approximately 8,420,000 claims records with total loss estimates of approximately $34.3 billion. Aais also collects third party data from a variety of public and proprietary data sources to refine risk management advisory services. This includes data on economic activity, fire incidents, regional exposure attributes, weather, crime, census information, market share information, fire station and fire hydrant location information. Over 230,000,000 records of related third party data were utilized for various advisory support activities during fiscal year ended june 30, 2024.
Aais distributes information to member companies via bulletins which include instructions on adopting newly-filed rules and forms and mandatory endorsements. For the fiscal year ended june 30, 2024, aais distributed almost 404 related bulletins to member companies.
Financials
FY 2023
Revenue
Expenses
People
18 listed
EDMUND KELLY END 12312023
PRESIDENT AND CEO
$1.2M
40 hrs/wk
JOAN ZERKOVICH END 08082023
SVP
$1.1M
40 hrs/wk
TERESA WESTCOTT END 10112023
VP-LEGAL & COMPLIANCE
$449K
40 hrs/wk
WERNER KRUCK
PRESIDENT & CEO
$300K
40 hrs/wk
CHRISTOPHER BUNCH
CHIEF FINANCIAL OFFICER
$100K
40 hrs/wk
DAVID B DUCLOS
DIRECTOR
—
1 hrs/wk
CYSTAL OTTAVIANO
DIRECTOR
—
1 hrs/wk
RENEE BEAUFORD
DIRECTOR
—
1 hrs/wk
LISA PECHAN
DIRECTOR
—
1 hrs/wk
KEITH WOLFE
DIRECTOR
—
1 hrs/wk
JILL WAGNER KELLY
DIRECTOR
—
1 hrs/wk
RANDY SHAW
DIRECTOR
—
1 hrs/wk
M ROSS FISHER
DIRECTOR
—
1 hrs/wk
MICHAEL PAYNE
VICE PRESIDENT OF ACTUARIAL SERVICES / CHIEF PRICI
$452K
40 hrs/wk
JOHN KADOUS
VICE PRESIDENT OF PRODUCTS
$419K
40 hrs/wk
JOHN GREENE END 41224
DIRECTOR OF MARKETING & COMMUNICATIONS
$411K
40 hrs/wk
KEN SAYERS
VICE PRESIDENT OF TECHNOLOGY
$290K
40 hrs/wk
KAREN SHERIDAN
DIRECTOR OF HUMAN RESOURCES
$282K
40 hrs/wk
Independent contractors
AMAZON WEB SERVICES INC
DATA HOSTING SERVICES
RSM US LLP
ACCOUNTING SERVICES
QUADRANT INFORMATION SERVICES
ACTUARIAL PERSONAL AUTO INFORMATION SUBS
RISK MANAGEMENT SOLUTIONS INC
RISK MODELING APPLICATION SOFTWARE SERVI
HITACHI VANTARA LLC
SOFTWARE SUPPORT SERVICES