Asian American Insurance Network

What Asian American Insurance Network does

Asian American Insurance Network (AAIN) is a U.S.-based 501(c)(6) non-profit professional organization founded in 2022 and headquartered in Laguna Beach, California. Its stated mission is the development and growth of Asian-Pacific Islander (API) professionals in the insurance industry through mentorship, networking, continuing education, and social awareness. The organization serves individual insurance professionals — underwriters, brokers, agents, claims professionals, in-house counsel, actuaries, and risk management professionals — as well as service partners, vendors, students, and corporate insurance institutions seeking to support API talent and DEI initiatives. Membership stands at 4,400+ individuals across the U.S., Canada, the U.K., Bermuda, Singapore, Japan, South Korea, China, India, Indonesia, the Philippines, and Australia, with five active U.S. local chapters and proposed chapters internationally.

AAIN offers a membership platform with directory search by category and location, a national mentorship program, educational webinars and seminars, student scholarships ($1,750 per recipient, two per term), a career board, blog, video library, and event programming including AAIN Connect networking mixers, Lunar New Year celebrations, and AANHPI Heritage Month events. There is no proprietary technology stack; the platform is a standard web-based member directory with login and content modules. The organization is governed by a 15-member national board and an 11-member advisory board drawn from senior ranks of Chubb, AIG, Munich Re, Liberty Mutual, The Hartford, Swiss Re, AXIS, and other Tier-1 carriers and brokerages, and operates under the leadership of Board Chairperson/President Peter J. Woo and inaugural Executive Director Alysia Green.

AAIN's business model combines a freemium membership structure (free Principal Membership for insurance-company employees, TPAs, judiciary, students, and clients/insureds) with a paid Industry Membership tier at $100 annually for service partners and vendors (who must be nominated by a Principal Member), and corporate sponsorships organized across founding, event, and partner tiers. Sponsorship revenue from 90+ insurance institutions — including founding sponsors FMG, EPIC, MMA, and Munich Re and general sponsors Liberty Mutual, Amwins, and Marsh — is the dominant funding stream. The organization has no subsidiaries, no parent company, no app products, and no disclosed financials, and operates primarily as a community-led, event-driven, and partnership-distributed platform rather than a product or technology business.

Name

Asian American Insurance Network

Legal name

Asian American Insurance Network

Website

https://aainsurance.org

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

AAIN is a 501(c)(6) non-profit professional network founded in 2022 that connects and develops Asian-Pacific Islander insurance professionals through membership, mentorship, scholarships, local chapters, and industry events, serving 4,400+ members and supported by 90+ corporate insurance sponsors.

Ownership category

akta.pro rank

Headquarters

HQ city

Laguna Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Industry Membership Fees: Service partners and vendors who are not directly employed by insurance companies pay $100 annually for membership. This is the only explicit membership fee mentioned.
2. Corporate Sponsorships: Corporate sponsorships from insurance carriers, brokerages, and industry partners provide financial support. Three tiers: Corporate Sponsorships, Event Sponsorships, and Partner Sponsorships. Founding sponsors include FMG, EPIC, MMA, Munich Re.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

AAIN is a 501(c)(6) non-profit professional membership organization dedicated to the development and growth of Asian-Pacific Islander (API) professionals in the insurance industry. It provides a membership platform (free Principal Membership for insurance industry employees; $100/year Industry Membership for service partners), along with mentorship, local chapters, educational webinars, scholarships, networking events, a career board, and a member directory spanning North America, Europe, and Asia-Pacific.

Product overview

The Asian American Insurance Network (AAIN) is a 501(c)(6) non-profit professional organization, not a technology product company. It offers a membership-based professional networking platform and related services including mentorship programs, educational resources, scholarships, local chapters, events, career board, and publications. The core offering is the Principal/Industry Membership Platform providing member directory search, networking, and exclusive access to AAIN's programs and initiatives for amplifying API professionals in the insurance industry.

Differentiator

Problem solved

Functional benefit

Products and services

• Principal Membership
• Industry Membership
• National Mentorship Program
• Educational Webinars and Seminars
• Student Scholarships
• Local Chapters Network

Quantifiable outcome

• 4,400+ members as of 2026
• +3 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core, minor and major.

• United Insurance Networks (UiN)coreStrategic or Co-development Partner · 1 April 2026AAIN participates in UiN's annual 'Unifying Voices: Empowering Diversity in Insurance' conference. Insurance leaders from across the country meet for networking and panel discussions. AAIN's David Lê provided the 'State of AAIN' presentation discussing organizational growth and 4,400 member milestone.
• RIMS (Risk Management Society)coreStrategic or Co-development PartnerAAIN participates in RIMS RiskWorld events and hosted joint DEI receptions with NAAIA and RIMS. Board Members Peter Woo and Melinda Yee-Dong spoke with RIMS to provide insight into AAIN leadership.
• MRIA (Multicultural ReInsurance Association)minorGTM or Marketing PartnerCollaborative partnership in DEI initiatives. Peter J. Woo joined MRIA, NAAIA, CAIA, and LAAIA at Business Insurance DEI Summit to speak on DEI issues on behalf of AAIN.
• NAAIA (National African American Insurance Association)coreGTM or Marketing PartnerStrong alliance for DEI initiatives in insurance. AAIN and NAAIA co-hosted DEI reception at RIMS RiskWorld 2023 in Atlanta. Executive Board Directors Angela Lee and Peter Woo represent AAIN in joint initiatives.
• Diversify OneminorStrategic or Co-development PartnerAAIN supported Diversify One Summit in Atlanta focused on diversity among insurance and risk management industry suppliers and service providers. Over 100+ attendees representing law firms, consultants, investigators, and service providers.
• MarshcoreGTM or Marketing PartnerMarsh is a general corporate sponsor and co-hosted Marsh-Fest Music Festival with AAIN in celebration of AANHPI Heritage Month. Over 120+ insurance professionals attended the event at Marsh's Los Angeles HQ.
• Marsh McLennan Agency (MMA)coreGTM or Marketing PartnerFounding corporate sponsor and scholarship sponsor for AAIN's education initiatives. MMA provides ongoing support for AAIN programs and DEI efforts in the insurance industry.
• FMG, EPIC, Munich RecoreGTM or Marketing PartnerFounding corporate sponsors of AAIN providing financial and organizational support for AAIN's mission to amplify API professionals in insurance.
• Liberty Mutual, AmwinsmajorGTM or Marketing PartnerGeneral corporate sponsors supporting AAIN's initiatives and programs.
• Converge InsuranceminorGTM or Marketing PartnerSponsor of AAIN's 2024 Spring Semester scholarship for students interested in risk management and insurance careers.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Multicultural Reinsurance Association (MRIA): Multicultural insurance/reinsurance industry association collaborating with AAIN on DEI initiatives (Peter Woo spoke alongside MRIA at the Business Insurance DEI Summit). Same professional-network-plus-DEI-advocacy structure as AAIN, with similar demographic-advancement mission.
• National African American Insurance Association (NAAIA): NAAIA is the most direct peer: a U.S. professional membership organization dedicated to advancing African American professionals in the insurance industry through networking, mentorship, education, and advocacy. Same 501(c)(6)-style model, same demographic-focus playbook, and explicit co-marketing partner per AAIN's data (joint DEI receptions at RIMS RiskWorld).
• Women in Insurance & Financial Services (WIFS): WIFS is a U.S. professional association advancing women in insurance and financial services through networking, education, and mentorship. Same membership-based, demographic-focused professional-association model that AAIN uses for the API community.
• Korean American Insurance & Financial Professional Association: Ethnic-focused professional association for Korean American insurance and financial professionals. AAIN board member James Suh explicitly serves on its board, evidencing close overlap in mission and constituency. Operates under the same ethnic-professional-organization model as AAIN.

Broad incumbents

• CPCU Society: CPCU Society is the professional association for holders of the Chartered Property Casualty Underwriter designation—a broad-based insurance industry society. Comparable in being a membership organization for insurance professionals, but does not focus on a specific demographic.
• Risk and Insurance Management Society (RIMS): RIMS is the largest broad-based risk and insurance management professional society, serving all risk professionals regardless of background. Listed as a strategic partner in AAIN's data (joint DEI receptions at RIMS RiskWorld). A broader incumbent operating in the same insurance professional space.
• Professional Liability Underwriting Society (PLUS): PLUS is a membership organization for the professional liability insurance industry, hosting conferences, education, and networking for underwriters, claims, and brokers. Operates in the same insurance professional-networking space as AAIN, but specialized by line of business rather than demographic.
• National Association of Professional Insurance Agents (PIA): PIA is a broad-based trade association serving independent insurance agents and brokers. Comparable membership-association structure serving insurance professionals, but with no demographic focus, making it a broader incumbent in the same space as AAIN.

Others

• Insurance Industry Charitable Foundation (IICF): IICF is the insurance industry's charitable foundation, coordinating philanthropy and volunteerism across carriers, brokerages, and professionals. A thematically adjacent non-profit operating in the insurance industry ecosystem, though focused on charitable giving rather than professional networking.
• Asian American Dream (AAD): A community-based nonprofit supporting Asian American professional advancement through mentorship programs. AAIN board member David Lê serves as Co-Program Director for the Kin Mentorship Program at AAD. Related demographic-advancement mission but not an insurance-specific peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/aainsurance

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 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 Asian American Insurance Network