AIPSO is a management organization and service provider for various groups responsible for administering the insurance industry’s residual market. We are a national organization that serves local customer needs. AIPSO provides a wide array of specialized services to our customers, ranging from insurance management, actuarial, and information technology to legal services, fraud containment and financial services.
AIPSO was formed in 1972 as a department within the Mutual Insurance Rating Bureau (MIRB), which served the insurance industry, including the residual market. In 1973, AIPSO — headquartered in New York City — succeeded the MIRB and commenced operations as a separate entity focusing on providing products and services to the residual market. In 1984, the organization moved its national headquarters to its present location in Johnston, Rhode Island. AIPSO is a national organization that serves local customer needs through its network of offices. Approximately 250 employees staff AIPSO's home office and its six regional offices located throughout the country.
Mission: AIPSO’s mission is to provide high-quality value-added services to the insurance residual market in an efficient, effective manner. AIPSO will build on its successes as the leader in managing, servicing, and stabilizing the insurance residual market. We will continually rise to the challenge of being a national organization that serves local customer needs. We will remain flexible and will proactively meet the need of our divergent customer groups at both national and state levels.