The Insurance Auditors Association of the West (IAAW) was founded to achieve more professional insurance premium auditors through education. We are here to provide resources for commercial insurance auditors within our region.
The IAAW is committed to the growth, development, professionalism and education of the insurance premium auditor and the insurance industry.
IAAW Annual Seminar
May 15 - 17, 2019
Saguaro Hotel, Scottsdale, AZ
Who are Insurance Premium Auditors?
Insurance premium auditors perform an examination of an insured's accounting records and business operations to determine the actual insurance exposure. Their report, called the field audit, explains the proper class codes for the coverage provided and details the actual exposure.. The primary reason for an insurance audit is to obtain the necessary information to compute the actual earned premium for the policy year. Other reasons for premium auditing include, collecting ratemaking data, meeting regulatory requirements and deterring and detecting fraud.
Send membership information and payment (dues) to:
Shumail Alam, IAAW Treasurer
c/o Zurich- Northwest Region
525 Market Street, Suite 2800
San Francisco, CA 94105
Your Membership to the IAAW includes:
Scholarship Program for APA - CPCU. All members of the I.A.A.W. are eligible. The only requirements are:
That you sit for the examination (as many times as it takes to pass).
You have not been reimbursed by any other entity.
You submit receipts and proof of sitting for the examination.
Assistance on meeting topics and payment for meeting speakers.
Assistance in organizing programs.
Annual Meeting - educational and topical seminars for premium auditors.
A chance to meet with and gain knowledge from peers in the industry.
Annual Auditor of the year award
Annual Dana Sparrow award.
You will also receive encouragement, support and recognition from the I.A.A.W.
By taking part in your local organization, you enrich your managerial skills; achieve experience in obtaining speakers and organizing programs.
Goals for the IAAW are:
Provide a forum for the exchange, development, and dissemination of technical information.
Promote the growth and development of the profession.
Contribute to the insurance industry the knowledge and experience of the professional premium auditor.
Establish uniform standards for premium auditing.
Further the purpose and objectives of the profession.
IAAW presents two awards annually. The Dana Sparrow Award and the Auditor of the Year Award. These awards are bestowed to members of the IAAW, for outstanding service, dedication and contribution to the education, professionalism, and betterment of the insurance premium auditor and IAAW.
Dana Sparrow Award
The Dana Sparrow Award is the highest award the I.A.A.W. can bestow upon one of our members. This person has supported the I.A.A.W. through contributions of their talents in leadership, education and professionalism. They have given of their time and talents through out the years. Over a 12 month period, there is administrative duties, meetings, articles for the Newsbreak, to mention a few. The Dana Sparrow award is a small way of saying thank you for a big job.
Auditor of The Year Award
The Auditor of The Year Award is not for performing excellent audits. This award is to recognize an individual for their contributions in promoting professionalism and education for the profession of insurance premium auditors. This may be done by teaching a class, helping individuals or presenting work shops for local, regional or national audit associations, to mention just a few.