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The state filing process can be costly, complex, and time-consuming, but
it needn't stop you from undertaking new product initiatives. AAIS filings
specialists secure approval for hundreds of filings each year, and they can
help you competently manage every step in the process.
The AAIScompliance
customized service is used by property/casualty carriers for routine
filings and major compliance projects. AAIS filings specialists have
extensive experience filing independent company materials, advisory
organization materials for adoption, and loss cost multipliers. They are
also prepared to review your existing programs to determine if they are
in compliance with all state requirements. 
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Compliance infractions can lead to costly penalties and product
delays. AAIScompliance
specialists are ready to take on the administrative tasks of state
filings so your staff can concentrate on achieving your business goals.
Acting as your filings team, our specialists will--
- Draft filing transmittal cover letters
- Advance state filing fees where needed
- Submit filings electronically where permitted
- Submit responses to state concerns with your approval
- Monitor the progress of the project
- Provide you with regular status reports
- Provide you with electronic copies of approved filings
For existing programs, our specialists can identify where your
programs deviate from state requirements and implement or recommend
updates to comply with the latest state mandates. For new programs, our
specialists will--
- Review and complete required checklists
- Develop necessary compliance endorsements
- Draft filing memorandum detailing changes being made with the
filing
For companies that use AAIS programs, AAIS will audit your filings to
determine if proper action has been taken to adopt current AAIS
programs, and recommend additional filing action if needed. |
AAIS is also a licensed third-party provider of
SERFF filings As such, AAIS offers expedited
electronic filing of forms, manuals, disclosure notices, and more.
The AAIS Compliance Guide
is a comprehensive resource of state filing requirements for forms,
rules, and rating information, updated with new information regarding
umbrella policy filings and requirements regarding the use of SERFF.
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The new AAIS Compliance Guide
is an updated version of the
former state filings guide. In addition to updates and expansions of
existing sections, the revised guide features several new sections,
including:
- A new section with tables listing requirements regarding the use
of "SERFF," the System for Electronic Rate and Form Filing;
- A new section with information on filing requirements for
umbrella policy forms, endorsements, rules, and rates; and
- New "company action" sub-sections within existing sections with
instructions for implementing an AAIS form, rule, or rating
information filing.
The Compliance Guide is provided without additional charge to
all companies that utilize at least one AAIS insurance line program.
Companies not affiliated with AAIS can purchase an electronic copy for
$400. |
American Association of
Insurance Services
1745 S. Naperville Road | Wheaton, IL 60189-8132
630-681-8347 | 800-564-AAIS | Fax 630-681-8356
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AAIScompliance
