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AIPSO
Since 1973, AIPSO has provided essential services to the insurance industry. We are the service provider of choice to the automobile insurance residual market, also known as the market of last resort. As a national organization that addresses local customer needs, centralization and standardization are key to many AIPSO services. Because of the inherent economies of scale and other efficiencies, we are focused on delivering efficient, effective services to our customers with flexibility in serving groups with diverse interests. We will continue to deliver stability to this market for the insurance industry.
Purpose
The automobile insurance residual market illustrates one of the insurance industry's many beneficial achievements: assuring the availability of insurance coverage to all qualified motorists. Since 1973, the insurance industry has relied upon AIPSO, a national not-for-profit corporation, to provide services to the auto insurance residual market.
Over the years AIPSO has evolved into the service provider of choice, providing virtually all management, products, and services to administer the auto insurance residual market. The challenges AIPSO has addressed along the way have enhanced its ability to deliver a greater variety of services, and greater value, to its customers.
Working under the guidance of its Board of Directors, AIPSO looks forward to leveraging its resources to deliver timely, effective, and efficient services to stabilize the auto residual market and allow state residual market mechanisms' member companies to concentrate on their core voluntary insurance operations.
Over the years AIPSO has evolved into the service provider of choice, providing virtually all management, products, and services to administer the auto insurance residual market. The challenges AIPSO has addressed along the way have enhanced its ability to deliver a greater variety of services, and greater value, to its customers.
Working under the guidance of its Board of Directors, AIPSO looks forward to leveraging its resources to deliver timely, effective, and efficient services to stabilize the auto residual market and allow state residual market mechanisms' member companies to concentrate on their core voluntary insurance operations.
Vision
AIPSO’s vision is to lead in managing, servicing, and stabilizing the insurance residual market. We will expand our knowledge, skillsets, and capabilities, evolve to meet the growing needs of the insurance residual market, and excel in all we do as the leader and service provider of choice.
Mission
AIPSO’s mission is to provide high-quality value-added services to the insurance residual market in an efficient, effective manner. AIPSO will build on its successes as the leader in managing, servicing, and stabilizing the insurance residual market. We will continually rise to the challenge of being a national organization that serves local customer needs. We will remain flexible and will proactively meet the need of our divergent customer groups at both national and state levels.
Additional Culture Details
At AIPSO, employees are our greatest asset. Each employee, regardless of their length of service, provides assistance and guidance to their co-workers in order to help them complete their daily tasks and special projects. This give-and-take is an essential part of doing more with what we have. Our tradition of helping one another, from the newest employee to senior management and all job levels in between, is one of the major reasons why AIPSO has been so successful over the years.
Candidates who are invited to join our organization are encouraged to build their skills, expand their knowledge, and to nurture and grow our culture of mutual assistance and cross-training. Placing the professional needs of our co-workers and project teammates among our top priorities helps AIPSO fulfill its strategic goal of continuing as the insurance industry’s service provider of choice for the residual market.
Candidates who are invited to join our organization are encouraged to build their skills, expand their knowledge, and to nurture and grow our culture of mutual assistance and cross-training. Placing the professional needs of our co-workers and project teammates among our top priorities helps AIPSO fulfill its strategic goal of continuing as the insurance industry’s service provider of choice for the residual market.
Values
- VALUES
- AIPSO values and listens to its employees who are guided by our shared values of integrity, honesty, fairness, respect, teamwork, communication, and excellence. The leadership, innovative decision making, flexibility and commitment to customer service of AIPSO employees will continue to enhance our service to all AIPSO customers and stakeholders.
Headquarters
Johnston, RI
Employees
541 US Employees
Industry
General Insurance
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