AIPSO

What AIPSO does

AIPSO is a national not-for-profit corporation headquartered in Johnston, Rhode Island, that has served as the primary service provider to the U.S. automobile insurance residual market since 1973. The residual market, often described as the 'market of last resort,' provides coverage to motorists unable to obtain insurance in the voluntary market. AIPSO serves as Plan Manager of residual market mechanisms in 38 states and the District of Columbia and provides services across 49 states and DC, employing more than 500 staff in home office and regional locations in Johnston RI, Mayfield Heights OH, Mt. Laurel NJ, New York NY, Providence RI, and San Francisco. It also extends services to several property insurance residual market mechanisms beyond its auto-only origins.

The organization operates a platform-plus-services model anchored by web-based tools: EASi (Electronic Application Submission Interface) for producer application submission, FAST for servicing carrier reporting of JUA and CAIP data, NYPASS for New York producers, the Plan Sites directory for state-specific residual market navigation, an Industry Data Portal for application volume and pooling mechanism statistics, and a Find-a-Producer consumer tool. These digital products sit alongside comprehensive service lines covering insurance operations, application processing, automated information systems, financial and investment services, fraud containment, legal and compliance, plan management, producer certification, quota sharing, actuarial rate filings, regulatory affairs, and servicing carrier audits. Distribution is delivered through regional offices and direct enterprise sales to member companies, producers, state governing bodies, and state insurance regulators.

As a non-profit, AIPSO's revenues generally cover only operating costs, which are allocated across member insurers on a market share basis in each of the 49 states and DC where it provides services. The company is governed by a Board of Directors, led by President and CEO Charles P. Kwolek Jr., and maintains relationships with NAIC, APCIA, AAIS, ISO, IRMI, and all 50 state insurance departments plus DC. No public ticker, parent company, subsidiaries, M&A activity, or funding rounds are disclosed.

Name

AIPSO

Legal name

AIPSO

Website

https://aipso.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

251–500 employees

Short description

AIPSO is a national not-for-profit organization that provides management, technology, and actuarial services to the U.S. automobile and property insurance residual markets, serving as Plan Manager for 38 states plus DC and operating across 49 states and DC since 1973.

Ownership category

akta.pro rank

Headquarters

HQ city

Johnston

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Insurance Industry Service Fees: As a non-profit corporation, the revenues AIPSO receives generally cover only its operating costs, which are shared among insurers on a market share basis for each of 49 states and the District of Columbia in which AIPSO provides services.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

AIPSO is a national not-for-profit service organization providing comprehensive management, operational, and technology services to the U.S. automobile insurance residual market (the market of last resort). It serves as Plan Manager for 38 states and the District of Columbia, and delivers services spanning insurance operations, application processing, automated information systems, financial and investment services, fraud containment, legal and compliance, producer certification, quota sharing, rating and actuarial services, regulatory affairs, and servicing carrier audits to member insurance companies, producers, and state regulatory bodies across 49 states and DC.

Product overview

AIPSO is a national not-for-profit organization serving as the service provider of choice to the automobile insurance residual market (the market of last resort) since 1973. The company operates a platform-plus-services model, offering a suite of web-based digital tools including EASi (Electronic Application Submission Interface) for producer application submission, the FAST system for servicing carrier reporting, the NYPASS portal for New York submissions, and a Plan Sites directory for all 50 states. These digital products are complemented by comprehensive service offerings covering insurance operations, application processing, automated information systems, financial services, fraud containment, legal and compliance, plan management (serving as Plan Manager for 38 states and DC), producer certification, quota sharing, rating and actuarial services, regulatory affairs, and uniform operating rules. The organization also provides an Industry Data Portal with application volume, pooling mechanism results, and written premiums data.

Differentiator

Problem solved

Functional benefit

Products and services

• EASi (Electronic Application Submission Interface) Web-based portal for licensed insurance producers to submit residual market auto insurance applications electronically to state residual market mechanisms.
• FAST System Web-based reporting system for servicing carriers to report JUA and CAIP data, including quota reports, Member Participation reports, and invoices.
• NYPASS Portal Online portal for New York producers to submit applications to the New York Automobile Insurance Plan.
• State Plan Sites Directory Web-based directory providing access to individual State Plans and Mechanisms across 49 states and the District of Columbia, enabling users to navigate to state-specific residual market plan websites.
• State Plan / Residual Market Mechanism Management Services AIPSO serves as Plan Manager for 38 states and the District of Columbia, providing management, products, and services including policy processing, quota sharing, rating and actuarial services, fraud containment, regulatory affairs, and financial services for automobile insurance residual market mechanisms.
• Industry Data Portal Provides access to industry data including application volume reports, auto registrations and uninsured motorist statistics, pooling mechanism results (CAIP, PAIP, JUA, RF), and written premiums data.
• Producer Certification Services Automated system for tracking producer compliance, supporting peer review panels, and maintaining producer licensing for residual market organizations across multiple states.
• Online Manuals Access Registered users can access electronic manuals for residual market mechanisms, secured by multi-factor authentication.
• Circulars Distribution System Distribution system for Plan Certified Producer (PCP) notices, Subscriber Circulars (SUBMEM), Subscriber Circular Responses (SUBRES), and Take-Out/Keep-Out Credits (TOC) to member companies.

Quantifiable outcome

• Serves as Plan Manager in 38 states and DC
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• National Association of Insurance Commissioners (NAIC)coreOthersAIPSO collaborates with the NAIC on regulatory filings and maintains relationships to stay abreast of current regulatory and industry trends. AIPSO represents the organization at NAIC National Meetings and other industry organizations.
• American Property Casualty Insurance Association (APCI)coreOthersAIPSO maintains industry links with APCI and has served on governing committees as a representative of the association.
• Insurance Services Office (ISO)supportingTechnology or IntegrationAIPSO links to ISO and collaborates on insurance industry standards and data collection for the residual market.
• AAIS (American Association of Insurance Services)supportingOthersAIPSO maintains industry links with AAIS as part of its industry network and information sharing.
• IRMI (International Risk Management Institute)supportingOthersAIPSO provides access to IRMI's Insurance and Risk Management Terms glossary for customer reference.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Texas Windstorm Insurance Association (TWIA): TWIA is a state-created residual market mechanism for wind and hail coverage in Texas — a property-line equivalent of automobile assigned risk plans. It represents an extension pathway for AIPSO's property plan management expansion.
• California Earthquake Authority (CEA): The CEA is a publicly managed, privately funded residual market mechanism for residential earthquake insurance. It represents the same underlying construct (state-orchestrated residual risk pool) that AIPSO administers for auto, illustrating the broader template AIPSO could extend into.
• FAIR Plan Associations (state-level): State FAIR Plans are the property insurance analog of automobile assigned risk plans — providing residual market coverage for high-risk property. Several are administered in cooperation with AIPSO, making them the most relevant property-line comparables for AIPSO's expanding property services line.
• Workers' Compensation State Funds (e.g., Ohio, Washington State Funds): State-run workers' comp insurance funds are residual-market-equivalent mechanisms in the workers' comp line, analogous in function to AIPSO's role in auto assigned risk. They illustrate both the regulatory model AIPSO operates within and adjacent residual-market constructs.

Broad incumbents

• Insurity: Insurity is a major insurance core systems and analytics vendor whose former VP of Development is now AIPSO's CTO. It represents the commercial technology platform layer that AIPSO's internal systems (EASi, FAST, NYPASS) must increasingly compete with or partner alongside.
• LexisNexis Risk Solutions: LexisNexis Risk Solutions provides data, analytics, and scoring to insurance carriers for underwriting and claims. While not a residual market administrator, it competes in the insurance data and decisioning layer where AIPSO's Industry Data Portal plays, and represents the for-profit competitive benchmark.

Direct peers

• AAIS (American Association of Insurance Services): AAIS is a national insurance advisory organization that develops policy forms, rating plans, and statistical reporting for member carriers — a parallel service-provider model to AIPSO. AIPSO itself maintains industry links with AAIS, and both organizations serve similar carrier and regulatory constituencies.
• ISO (Insurance Services Office / Verisk): ISO, now part of Verisk, is the most direct functional peer — it provides industry data, statistical reporting, advisory services, and standard policy forms to the property/casualty industry. Like AIPSO, ISO is a B2B service organization supporting residual and voluntary market carriers with data, forms, and analytics infrastructure.
• NCCI (National Council on Compensation Insurance): NCCI serves as the national ratemaking, data, and plan-management organization for the workers' compensation residual market — the workers' comp analog of AIPSO's role in auto. It is the closest industry-line comparable given the shared residual market mechanism, quota sharing, and rate filing responsibilities.

Others

• NAIC (National Association of Insurance Commissioners): The NAIC is the standard-setting and regulatory coordination body for U.S. insurance. AIPSO is a key operational collaborator with the NAIC, making it the most relevant ecosystem/regulatory counterpart rather than a competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AIPSO