AAIMCo is a non-profit trade association comprised of insurance and risk professionals who provide fee-based consulting and educational services to their clients.
The Professional Members of AAIMCo are among the most knowledgeable and highly sought after, fee-based consultants, experts and educators in the insurance and risk management fields. Their clients include insurance agencies and associations, multi-national insurance companies, corporations and attorneys for services ranging from consulting and expert witness to education and training.
AAIMCo’s purpose is to provide an insurance and risk forum for professionals of the highest caliber to share ideas and exchange information for the betterment of our professions. AAIMCo also strives to set the highest professional standards for our members and our industries and will publish official position papers in support of that goal.
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Keys to Making your Agency More Productive & Efficient
Mary LaPorte was interviewed for this article which was included in Erie Insurance’s June 7, 2017 publication of The Bulletin which is distributed to their agency force. In this interview, Mary disucsses the key reasons many agencies fail to reach optimum productivity and the benefits gained by making necessary improvements.
Technical Aspects Of Professional Liability Claims
“To the uninformed, “a claim is a claim is a claim.” To some extent this is true. Any type of liability claim requires proof that the insured owed a duty to another person or entity, that the insured breached this duty, and that the breach was the proximate cause of quantitatively measurable damages suffered by the person or entity to – …
Is it time to outsource your writing?
As insurance professionals, we are often so busy serving our clients that our writing and publishing take a back seat to our practice. Consistent publication keeps us in the public eye and allows us to rank higher on Google.
The risks inherent in diminishing limit policies
“Diminishing limits policies create a host of potential problems for insurance company claim departments. As is well known the insurance industry has long been plagued with “nuisance” claims. While in some instances insurance companies make quick settlements of nuisance claims to avoid defense cost expenditures, in others, insurers will attempt to resist such claims to avoid setting a precedent, thereby – …
Shinning A Light On Insurer Misconduct
A uniform law proposed by the National Association of Insurance Commissioners (NAIC) is currently working its way through state legislatures. The Corporate Governance Annual Disclosure Model Act[i] would require American insurers to disclose a wide range of information relating to their governance, performance evaluation systems, compensation and incentive plans, Enterprise Risk Management (“ERM”) plans and codes of ethics and conduct. – …
The Business Behind Business Interruption, A Forensic Accountant’s Approach to BI Claims.
Preparing business interruption claims takes thoughtful planning and insightful analysis, clearly communicated to all of the parties involved in the claims process. One of the most important factors is the breadth and depth of analyzing relevant financial information related to interrupted business operations. Although this may seem like an intuitive step, there is often a gap between the internally prepared – …
