CERTIFICATE OF AUTHORITY

Please visit the National Association of Insurance Commissioners (NAIC) website for additional information about the Uniform Certificate of Authority Application (UCAA).

How to Apply for Domestic Admission / Redomestication

Prior to filing their UCAA Primary Application, the applicant must provide the Connecticut Insurance Department with a non-objection letter from its current state of domicile.

STATE-SPECIFIC REQUIREMENTS FOR UCAA PRIMARY APPLICATION

Current Examination Report

The examination report “as of date” must not be more than five years prior to the date of application.

Custodial Agreements

Custodial Agreements must be in compliance with Financial Statement Bulletin FS-2.

Hard Copy Filing Only

Currently, we do not accept online filings for primary applications.

Location of Records

Applicants must comply with Connecticut General Statute Section 38a-57 and maintain, within Connecticut, those records the commissioner may require and the portion of their assets the commissioner deems necessary to adequately protect the insured.

How to Apply for Foreign Admission

Effective April 1, 2017, all Expansion and Corporate Amendment Applications must be submitted using the NAIC/UCAA Electronic Application. All applications must be submitted electronically unless an exemption from this requirement is granted.

STATE SPECIFIC REQUIREMENTS FOR UCAA EXPANSION APPLICATION

Background Investigative Reports

Biographical Affidavits must be verified by an independent third party that has been approved by the NAIC. See list of Approved Independent Third Party Investigations.

Biographical Affidavits

The NAIC biographical data must be completed for all officers and directors appearing on the jurat page of the most recent financial statement or quarterly report. The affiant must sign affidavits within the previous six-month period before the application date.

Current Examination Report

The examination report “as of date” must not be more than five years prior to the date of application.

Seasoning Requirement

Two years of active operation for applicant, proving itself a good going concern. Requirement may be waived if the applicant is a wholly-owned subsidiary of a currently admitted company.

Service Level Objective

This Service Level Objective (“SLO”) establishes the expectations for both the Applicant and the Connecticut Insurance Department (“CID”) relating to the filing of an Expansion Application with the CID for the purpose of obtaining a Certificate of Authority. Significantly, the SLO also sets forth the timeframes for completion of certain administrative and regulatory procedures involved in CID’s review of the application filing and sets forth standards for communication.

Service Level Objective 
An applicant whose application has been rejected or withdrawn must wait two years before reapplying for a certificate of authority. Please refer to Section 38a-41-4(5) for further details.

How to Amend Your Foreign License Application

Foreign admitted companies may make the following changes to their certificates of authority by utilizing the NAIC's UCAA corporate amendment package:
  • Add/delete a line of business on existing Certificate of Authority
  • Company name change of a foreign insurer (foreign to foreign)
  • Merger of two or more licensed foreign insurers
  • Pre-notification of a change of control of a foreign insurer
  • Notification of a change of control of a foreign insurer
  • Amended articles of incorporation
  • Amended bylaws
  • Change in service of process

RETALIATORY STATEMENT 

Find a schedule of fees, taxes, and deposit information.