DEFINITION of 'Alliance Of American Insurers - AAI'
A coalition consisting primarily of property-casualty insurance carriers. The Alliance of American Insurers was formed in order to provide political clout for the property-casualty insurance industry. It pursues various activities directed toward promoting its objectives to both politicians and the public.
BREAKING DOWN 'Alliance Of American Insurers - AAI'
The Alliance of American Insurers is headquartered in Chicago, Illinois. The alliance promotes its objectives through various means, such as the distribution of printed material. It also conducts demographic research and provides educational programs to employees of member companies.