American Association of Insurance Services (AAIS)

The American Association of Insurance Services (AAIS) is a national organization that helps insurance companies by providing them with standards, forms, and guidelines for various types of insurance. Founded in 1936, AAIS works to ensure that insurance products are fair, consistent, and compliant with regulations. They develop policy forms and assist in creating risk assessments, which help insurers set prices for coverage. Essentially, AAIS plays a crucial role in the insurance industry by streamlining processes and fostering better practices among insurance providers.