Introducing the AAIS Risk Awareness Service

Introducing the AAIS Risk Awareness Service


It’s common to hear the phrase, ‘the world is getting more complex every day’…so much that it’s become cliché.  That is, unless it’s your job to try to understand, quantify, and insure the perils that come from that complexity. We know you’re looking for actionable insights to protect your business.

The problem is typically not the lack of information about these perils but rather, the information overload that makes it a challenge to to find timely, relevant, and reliable insights that you can use to make informed decisions. You rely on AAIS for advisory expertise on the products your customers use, and  now we’re inviting you to try our new Risk Awareness Service (RAS), our latest tool to help our Members maintain your competitive advantage. 

AAIS developed its new Risk Awareness Service to provide you with exactly the actionable insights you’ve been looking for. This new service will become your one-stop shop for carefully curated information about various catastrophic perils your customers face. Initially, we’ve focused our efforts on hurricanes to respond to this year’s predicted active season. We’ve included a wide range of information that should be useful to those who have considerable experience covering these perils and to those just starting out in the industry. 

For each peril, we will provide information like:

Background and historical information on the peril
Causes and other factors that increase the risk 
of losses
Aspects that may impact claim frequency or severity
Insurance specific insights about established and emerging issues
A live event tracker of relevant events happening right now

For each peril there will be two parts:  A user-friendly interactive tool to help you learn about the peril and the industry-specific challenges you need to know, and a separate interactive Live Event Tracker map that allows you to zoom into the areas most relevant to you.

We’re looking for your feedback and input. As we expand the Risk Awareness Service, what other perils would help you make informed decisions?  We’re also looking for your input on the information included, the level of technical detail, the tools we’ve developed to help you understand this information, and any other way we can make your job easier.  These are your tools and we want to make sure we’re meeting your needs. 

For more info on AAIS’s Risk Awareness Service, click below or ask your AAIS Engagement Manager. Visit the Risk Awareness Service page.