2026-05-13T08:50:54-05:00 2025-06-30 363168081 SIKICH LLC 1415 W DIEHL RD SUITE 400 NAPERVILLE IL 605632349 990 2024-07-01 362021360 AMERICAN ASSOCIATION OF INSURANCE SERVICES AMER 6306818347 701 WARRENVILLE ROAD 101 LISLE IL 60532 CHRISTOPHER D BUNCH CFO 6306818347 2026-05-12 1 1 KURT N WALCUTT P00650229 6305668400 2026-05-12 2024 2025-03-06 01:10:19Z WERNER KRUCK 701 WARRENVILLE ROAD 101 LISLE IL 60532 52456431 0 X AAISONLINE.COM X 1984 DE TO PROMOTE THE INTERESTS OF AFFILIATED AND ORGANIZED GROUPS OF INSURANCE COMPANIES. 10 9 134 8 0 0 0 0 29271702 31714018 -629529 720131 0 0 28642173 32434149 0 0 0 0 20372284 19644104 0 0 0 7531362 7261593 27903646 26905697 738527 5528452 28362049 37531485 17499860 19702399 10862189 17829086 TO ENABLE SUCCESS FOR THE PROPERTY & CASUALTY INSURANCE COMMUNITY. 0 0 AAIS IS AN ADVISORY ORGANIZATION AND A STATISTICAL AGENT WORKING ON BEHALF OF 731 PROPERTY AND CASUALTY INSURANCE COMPANIES. AAIS DEVELOPS, MAINTAINS AND UPDATES MANUALS OF RULES AND RATING PROCEDURES FOR APPROXIMATELY 31 INSURANCE PROGRAM LINES AND FILES THOSE PROGRAMS WITH ALL STATE INSURANCE DEPARTMENTS ON BEHALF OF OUR MEMBER COMPANIES. FOR THE FISCAL YEAR ENDED JUNE 30, 2025, AAIS MADE OVER 1541 FILINGS WITH INSURANCE DEPARTMENTS TO ADDRESS PRODUCT UPDATES AND REVISIONS, AS WELL AS EVOLVING REGULATORY COMPLIANCE ISSUES. AAIS COLLECTS COMPANY INSURANCE DATA ON BEHALF OF STATE REGULATORS AND REPORTS SUCH DATA TO THE REGULATORS IN ORDER TO SATISFY MEMBER COMPANIES STATUTORY REPORTING REQUIREMENTS. FOR THE FISCAL YEAR ENDED JUNE 30, 2025, AAIS PROCESSED APPROXIMATELY 9,240,000 CLAIMS RECORDS WITH TOTAL LOSS ESTIMATES OF APPROXIMATELY $40.5 BILLION. AAIS ALSO COLLECTS THIRD PARTY DATA FROM A VARIETY OF PUBLIC AND PROPRIETARY DATA SOURCES TO REFINE RISK MANAGEMENT ADVISORY SERVICES. THIS INCLUDES DATA ON ECONOMIC ACTIVITY, FIRE INCIDENTS, REGIONAL EXPOSURE ATTRIBUTES, WEATHER, CRIME, CENSUS INFORMATION, MARKET SHARE INFORMATION, FIRE STATION AND FIRE HYDRANT LOCATION INFORMATION. OVER 238,000,000 RECORDS OF RELATED THIRD PARTY DATA WERE UTILIZED FOR VARIOUS ADVISORY SUPPORT ACTIVITIES DURING FISCAL YEAR ENDED JUNE 30, 2025. AAIS DISTRIBUTES INFORMATION TO MEMBER COMPANIES VIA BULLETINS WHICH INCLUDE INSTRUCTIONS ON ADOPTING NEWLY-FILED RULES AND FORMS AND MANDATORY ENDORSEMENTS. FOR THE FISCAL YEAR ENDED JUNE 30, 2025, AAIS DISTRIBUTED APPROXIMATELY 450 RELATED BULLETINS TO MEMBER COMPANIES. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 134 1 0 0 0 0 0 0 0 0 X 10 9 0 0 0 0 1 1 0 1 1 0 0 0 1 0 0 0 1 1 1 0 X CHRISTOPHER D BUNCH 6304573281 701 WARRENVILLE ROAD 101 LISLE IL 60532 TODD BOSSUYT DIRECTOR 1.00 X 0 0 0 M ROSS FISHER DIRECTOR 1.00 X 0 0 0 MARK FOWLER DIRECTOR 1.00 X 0 0 0 JILL WAGNER KELLY DIRECTOR 1.00 X 0 0 0 DAVID GAUTSCHE DIRECTOR 1.00 X 0 0 0 LISA PECHAN DIRECTOR 1.00 X 0 0 0 RENEE BEAUFORD DIRECTOR 1.00 X 0 0 0 CYSTAL OTTAVIANO DIRECTOR 1.00 X 0 0 0 KEITH WOLFE DIRECTOR 1.00 X 0 0 0 WERNER KRUCK PRESIDENT & CEO 40.00 X 1155544 0 35331 CHRISTOPHER BUNCH CHIEF FINANCIAL OFFICER 40.00 X 343677 0 25419 JOHN KADOUS THRU 6302025 VICE PRESIDENT OF PRODUCTS 40.00 X 445777 0 32861 KEN SAYERS VICE PRESIDENT OF TECHNOLOGY 40.00 X 429802 0 39564 MICHAEL PAYNE VICE PRESIDENT OF ACTUARIAL SERVICES / CHIEF PRICI 40.00 X 671150 0 29477 KAREN SHERIDAN THRU 12312024 DIRECTOR OF HUMAN RESOURCES 40.00 X 360320 0 24453 NICOLE MILOS DIRECTOR OF LEGAL 40.00 X 219790 0 31509 EDMUND KELLY FORMER PRESIDENT & CEO 0.00 X 1205152 0 0 4831212 0 218614 77 1 1 0 AMAZON WEB SERVICES INC PO BOX 84023 SEATTLE WA 98124 HOSTING SERVICES 991664 RSM US LLP 5155 PAYSHPERE CIRCLE CHICAGO IL 60674 ACCOUNTING SERVICES 286548 THOMAS ARONS 9427 ZYLE RD AUSTIN TX 78737 CONSULTING SERVICES 152199 PERRIN & ASSOCIATES INC 701 WARRENVILLE ROAD LISLE IL 60532 CONSULTING SERVICES 120460 4 MEMBERSHIP DUES 541900 31248017 31248017 FORMS, MANUALS AND OTHER 541900 466001 466001 31714018 946978 946978 19795435 19803678 218604 -8243 -218604 -226847 -226847 32434149 31714018 0 720131 991284 15340705 855791 1236861 1219463 27729 444530 327454 85175 3971579 417637 480909 732953 132832 155435 LICENSES AND FILING FEE 334859 EQUIPMENT RENTAL, MAINT 132556 DUES & SUBSCRIPTIONS 17945 26905697 10637762 6411479 15618647 28244447 30274 1107732 960264 1206253 588579 324121 478334 264458 636768 297116 28362049 37531485 3648934 3006592 13084788 16154337 766138 541470 17499860 19702399 X 10862189 17829086 10862189 17829086 28362049 37531485 X 5528452 332546 875405 230494 X 0 1 X 1 0 0 1 0 283403 106276 177127 305176 217845 87331 264458 OPERATING LEASE LIABILITIES 541470 541470 X 32766695 332546 332546 32434149 0 32434149 26905697 0 26905697 0 26905697 PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. THE ASSOCIATION'S 2023, 2022, AND 2021 TAX YEARS ARE OPEN AND SUBJECT TO EXAMINATIONS BY THE TAXING AUTHORITIES. X 1 1 X X X 1 1 0 EDMUND KELLY FORMER PRESIDENT & CEO 11538 0 391500 0 802114 0 0 0 0 0 1205152 0 0 0 WERNER KRUCK PRESIDENT & CEO 606844 0 548700 0 0 0 17355 0 17976 0 1190875 0 0 0 MICHAEL PAYNE VICE PRESIDENT OF ACTUARIAL SERVICES 354124 0 317026 0 0 0 20700 0 8777 0 700627 0 0 0 JOHN KADOUS THRU 6302025 VICE PRESIDENT OF PRODUCTS 303205 0 142572 0 0 0 14805 0 18056 0 478638 0 0 0 KEN SAYERS VICE PRESIDENT OF TECHNOLOGY 252602 0 177200 0 0 0 20700 0 18864 0 469366 0 0 0 KAREN SHERIDAN THRU 12312024 DIRECTOR OF HUMAN RESOURCES 192980 0 167340 0 0 0 18069 0 6384 0 384773 0 0 0 CHRISTOPHER BUNCH CHIEF FINANCIAL OFFICER 292165 0 51512 0 0 0 16985 0 8434 0 369096 0 0 0 NICOLE MILOS DIRECTOR OF LEGAL 198690 0 21100 0 0 0 13683 0 17826 0 251299 0 0 0 PART I, LINE 1A THE ORGANIZATION OFFERS THE OPPORTUNITY FOR OUR EMPLOYEES TO TRAVEL WITH A COMPANION ONCE A YEAR FOR A SPECIFIED INTERNAL EVENT. THIS IS A DISTRIBUTED WORK FORCE POLICY THAT PROMOTES TEAM BUILDING, INCLUSION AND COMRADERY WITHIN THE COMPANY. PART I, LINES 4A-B SEVERANCE: EDMUND KELLY - $550,000 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A NEW BOARD MEMBERS ARE ELECTED EACH YEAR BY THE MEMBERSHIP AT THE ANNUAL MEMBER MEETING. FORM 990, PART VI, SECTION B, LINE 11B THE AMERICAN ASSOCIATION OF INSURANCE SERVICES' FORM 990 WAS PREPARED ON BEHALF OF THE ASSOCIATION BY SIKICH LLP WHO ALSO SERVE AS THE ASSOCIATION'S INDEPENDENT AUDITORS. THE ASSOCIATION'S DIRECTOR OF FINANCE AND ACCOUNTING, SARA SANDUSKY, PROVIDED INPUT AND EXPLANATIONS TO THE PREPARERS REGARDING VARIOUS INFORMATION REQUESTED ON FORM 990 AND SCHEDULES. IN ADDITION, THIS INDIVIDUAL HAS REVIEWED THE ANSWERS TO ALL LINES AND QUESTIONS ON THE PREPARED FORM 990 AND SCHEDULES PRIOR TO FILING THE FORM 990 WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12 UPON ELECTION TO THE BOARD, NEW DIRECTORS RECEIVE A COPY OF THE ASSOCIATION'S CONFLICT OF INTEREST POLICY AS WELL AS A COPY OF THE ASSOCIATION'S CONFLICT OF INTEREST DISCLOSURE FORM WHICH THEY MUST COMPLETE. THEREAFTER, THEY ARE REQUESTED TO COMPLETE AND SUBMIT A NEW FORM ONLY IF THERE IS A CHANGE IN THE BOARD MEMBER'S CIRCUMSTANCES WITH REGARD TO CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 THE ASSOCIATION'S BOARD OF DIRECTORS, OR A SUBCOMMITTEE THEREOF, REVIEW AND DETERMINE THE COMPENSATION OF THE ASSOCIATION'S PRESIDENT AND CEO ON AN ANNUAL BASIS. COMPENSATION FOR OTHER EMPLOYEES, INCLUDING KEY EMPLOYEE AND OFFICERS ARE REVIEWED ON AN ANNUAL BASIS AS PART OF THE OVERALL COMPENSATION MANAGEMENT FUNCTION OF THE HUMAN RESOURCES DEPARTMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST AT THE ASSOCIATION'S OFFICES IN LISLE, ILLINOIS. FORM 990, PART XI, LINE 9: CHANGE IN PENSION LIABILITY 230,494.