About AIPSO

About AIPSO

    AIPSO is a management organization and service provider to insurance industry groups responsible for administering the residual market.
    • A nonprofit organization, the revenues AIPSO receives generally cover only its operating costs.
    • Operating costs are shared among insurers on a market share basis for each of 49 states (as well as District of Columbia) in which AIPSO provides services.
    • Many AIPSO services are provided directly to or on behalf of Governing Committees representing residual market mechanisms in each state.
    • Components of services AIPSO provides are frequently subject to the prior approval of the respective state insurance regulators.
    AIPSO serves local customer needs while simultaneously focusing on efficient management and cost containment.
    • AIPSO’s centralization and standardization provide inherent economies of scale and other efficiencies to our customers.
    • AIPSO is based on customer focus and flexibility in serving customer groups with diverse interests.
    • Services are tailored to meet local state residual markets where appropriate.
    • Our team-based culture concentrates efforts on providing all services to AIPSO customers throughout the country.
    Our customers - the many and varied segments of the insurance industry - are the reason why AIPSO exists. AIPSO: Serving the Insurance Industry is not just a motto; it’s how we conduct our business. Every day.
    Serving the Insurance Industry
    The automobile insurance residual market illustrates one of the insurance industry's most beneficial achievements: assuring the availability of insurance coverage to all qualified motorists. AIPSO has consistently proven to the industry that we are an organization that provides oversight and support services nationwide to assure the efficient operation of a variety of residual market mechanisms.
    Since it was established, AIPSO has demonstrated clearly that the best and most cost-effective way to achieve this purpose is through a simple, centralized system. Our mission is to provide high quality services for the insurance residual market at the lowest possible cost.
    We deliver value-added management, technical, and support services. We continually strive to enhance the quality of these services and will pursue new opportunities, which will benefit all segments of the insurance residual marketplace.
    Charles P. Kwolek Jr., President