Overview
What is American Association Of Independent Claims Professionals?
The American Association of Independent Claims Professionals (AAICP) is a nonprofit organization situated in Washington D.C. Its primary objective is to support independent insurance claims adjusters and third-party insurance claims administration companies. These professionals handle various types of claims, including workers' compensation, disability, property, and liability claims, annually. Their collective work results in significant financial aid, such as payments for home rebuilding, bill payments, and business continuity after disasters. With a focus on advocacy, AAICP strives to influence prudent and commercially responsible laws and regulations related to their field before federal and state legislators and regulators, thus promoting the shared interests of independent claims professionals.
Official website here: www.claimsprofession.org
Is American Association Of Independent Claims Professionals legitimate?
American Association Of Independent Claims Professionals is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Association Of Independent Claims Professionals submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Official website here: www.claimsprofession.org
What is the mission statement of American Association Of Independent Claims Professionals?
The American Association of Independent Claims Professionals (AAICP) aims to safeguard the shared interests of independent claims professionals. They accomplish this by advocating for sensible and financially sound laws and regulations pertaining to their field, before federal and state legislators and regulatory bodies. The organization comprises independent insurance claims adjusters and third-party insurance claims administration companies, handling a multitude of claims annually for various entities such as insurance carriers, self-insured businesses, non-profit organizations, and governmental entities. The AAICP's activities are centered on promoting the collective business interests of its members through various programs and initiatives. A significant focus of the AAICP's activities involves advocating for prudent and commercially responsible regulations concerning matters relevant to its members before federal and state lawmakers and regulatory bodies.
Official website here: www.claimsprofession.org
Who is the CEO of American Association Of Independent Claims Professionals?
Mark Lechowicz is the Co-Chair of American Association Of Independent Claims Professionals.
Official website here: www.claimsprofession.org
What is the revenue of American Association Of Independent Claims Professionals?
American Association Of Independent Claims Professionals's revenue in 2022 was $440,000.
Official website here: www.claimsprofession.org
Who are the executives of American Association Of Independent Claims Professionals and what are their salaries?
There 6 volunteers at American Association Of Independent Claims Professionals.
Here are 4 key members and their salaries:
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Official website here: www.claimsprofession.org
Where can I find the form 990 for American Association Of Independent Claims Professionals?
American Association Of Independent Claims Professionals's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.claimsprofession.org
Learn more at the official website: www.claimsprofession.org
Mission Statement of American Association Of Independent Claims Professionals
The American Association of Independent Claims Professionals (AAICP) is an organization dedicated to promoting the common interests of independent claims professionals. Their mission is achieved by advocating for prudent and commercially responsible laws and regulations before federal and state lawmakers and regulators. This advocacy is aimed at fostering an environment that supports the businesses of its members, which include independent insurance claims adjusters and third-party insurance claims administration companies. These entities handle a significant volume of workers' compensation, disability, property, and liability claims annually, resulting in billions of dollars in payments that aid families in rebuilding homes, paying bills, and safeguarding businesses against financial risk. By uniting under AAICP, these professionals collaborate to promote their shared business interests through various activities and programs.
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Impact
October, 2024
The American Association of Independent Claims Professionals (AAICP) significantly influences the landscape of the insurance claims industry. By uniting independent claims adjusters and third-party claims administration companies, AAICP ensures that their members effectively manage millions of claims each year, covering workers' compensation, disability, property, and liability. This work translates to billions of dollars in payments, vital for families rebuilding after disasters, businesses maintaining operations, and communities safeguarding against financial risks.
AAICP plays a crucial role in advocating for laws and regulations that support prudent and commercially responsible practices within the industry. By engaging with federal and state lawmakers and regulators, the association amplifies the voices of independent claims professionals, ensuring that their interests are represented. This advocacy not only benefits the members but also enhances the industry's overall integrity and responsiveness to the needs of policyholders and stakeholders alike.
Through its various activities and programs, AAICP fosters a collaborative environment, making it a pivotal force in promoting the common interests of independent claims professionals and enhancing the quality and reliability of claims handling in the insurance sector.
This information is meant to be a general summary of American Association Of Independent Claims Professionals. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $440,000
- Gross Receipts: $440,000
Assets and Liabilities:
- Total Assets: $91,929
- Total Liabilities: $12,856
- Net Assets: $79,073
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$440,000
Organization Details
Founding Year
2006
Phone
(202) 626-2941Principal Officer
Mark Lechowicz
Main Address
1700 PENNSYLVANIA AVENUE NW, WASHINGTON, DC, 20006
Website
www.claimsprofession.orgNTEE Category
Code: S41 - Community improvement
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