AAIS serves the property casualty insurance industry providing insurance forms, rules and loss costs. AAIS is the only national not-for-profit advisory organization governed by its member insurance companies. AAIS forms and rates can be tailored to target customers and become the foundation for quality underwriting, differentiation, and a competitive advantage in the market.
The TSG and AAIS partnership combines ‘best in class’ content management technology and tailored advisory solutions ensuring the success of each of its members and customers.
AAIS utilizes the OpenContent Management Suite to manage Policy Forms and other types of insurance documents. The system provides tight versioning control and allows AAIS to respond quickly and thoroughly
to regulatory and legislative changes. Robust change management features allow for seamless product development and maintenance, thorough peer and legal review, and packaging of complete filing submissions to external jurisdiction approvers. Integration with Workshare Compare allows for dynamic redline generation of document changes between versions to assist with legal review and analysis of document changes over time.
Kira is leveraged for policy language comparisons and analysis through machine learning technology. An extensive library containing provision models across the Property and Casualty industry allows the system to deliver timely and accurate parsing at the clause level, expediting new development, compliance updates, and product on-boarding.