Associated Insurance Administrators (AIA), based in Montgomery, Ala., has appointed Patrick Albrecht as president.
The appointment of Albrecht is part of the company’s reorganization to bring the authorities and responsibilities into the day-to-day operations. AIA said the shift to having in-company leadership will help guide it through an internal reorganization to a corporate structure. AIA previously filled the position of president externally by a member of the AIA Board of Directors.
Prior to becoming president, Albrecht was the senior vice president for AIA. He is a 20-year veteran of the insurance industry. Albrecht serves on the board of directors for the Wholesale & Specialty Insurance Association (WSIA). He is active in the U.S. Air Force Reserve as a Colonel with the Deputy Assistant Secretary of the Air Force for Installations (SAF/IEI), the Pentagon.
In this new cross-functional structure, marketing, underwriting, and claims, will work together, led by Alisha Seal in a newly created position of chief insurance officer.
AIA is also updating its exclusive workers’ comp program with National Liability & Fire, a Berkshire Hathaway company. Expected changes include updated pricing, changes in guidelines to streamline underwriting authorities, expanded supporting product line offerings for targeted industries and faster responses on submissions.
Associated Insurance Administrators (AIA) is a program administrator and wholesale supplier of workers’ comp insurance products to independent insurance agents and brokers, providing access to carriers, underwriting, and risk mitigation and claims management. Primarily serving agencies in Alabama, Georgia, Mississippi, and Tennessee, AIA’s specialized workers’ comp coverages include temporary staffing, healthcare, public sector, school systems and universities, social services, and not-for-profit organizations.
(AIA) has specialized in offering commercial insurance products to retail insurance agencies since 1993.
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