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Statistical Plans
For each of its insurance lines, plus auto, AAIS statistical plans are designed to make statistical reporting valuable, efficient, and economical. The latest statistical plans feature several benefits:
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An expanded number of data elements anticipates regulatory requirements, thus minimizing the need for time-consuming and costly "special data calls"
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Data is captured in individual records (one record per premium, claim, etc.) to support ratemaking applications
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Format designed to facilitate conversion from other plans to AAIS
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Customized reports of company data available on request
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Company profile reports sent on annual basis
Service and Support
AAIS’s philosophy of service stresses cooperation with companies to achieve timely, accurate statistical reporting.
No fines are assessed against companies with errors or omissions in their data reports. Rather, AAIS staff consults with companies to work out problems, and rewards good data with credits toward insurance line affiliations.
Beyond the commitment to service, AAIS provides its statistical reporting affiliates with free resources for doing the job efficiently:
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Data entry and reporting software that automatically generates statistical submission from entered data
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Edit programs that detect errors before they are submitted to AAIS
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Manuals for training statistical and data processing staff about the reporting and coding process
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