
AAIS
AAIS (American Association of Insurance Services) is an organization that develops and maintains standardized insurance policies, data, and tools for the insurance industry. It helps insurance companies, agents, and regulators by providing consistent policy language, loss costs, and risk assessment information. This consistency ensures fair pricing, proper coverage, and efficient handling of claims across different insurance providers. Essentially, AAIS acts as a central resource that helps make insurance transactions clearer and more reliable for both insurers and policyholders.