Surplus Lines Broker
Definition
SURPLUS LINES INSURANCE BROKER – Any person placing insurance coverage with a non-admitted carrier, after exhausting the admitted market.
Applicable Statutes
C.G.S. §38a-740 to 794 – see Laws and Regulations
Fees
Initial: $675.00
Reinstatement: $675.00
Renewal: $625.00
No pro-rating, non-refundable $50.00 application fee.
Duration
Two (2) years – Expires September 30th every EVEN year..
How to Apply
Residents:
- Residents are required to hold an active/good standing Producer Property & Casualty license in Connecticut.
- No Pre-licensing course is required before taking the Surplus Lines exam.
- Download the Candidate Handbook and schedule the exam.
- After passing the exam, apply by going to the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
(Note: you do not need to submit the passed examination, the Department will verify this information with our vendor.)
Non-Residents:
- Connecticut will grant reciprocity with an equivalent license in your home/resident state.
- Apply by going to the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
How to Renew
- Renewal notices are EMAILED about 90 days before the expiration date.
- Apply on the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Renew an Existing License.”
How to Amend Lines of Authority
Not applicable.
How to Reinstate a License
After September 30th every EVEN year, reinstate the license by going to the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
How to change License information (ie.: email and address)
Update your License Information
Print a copy of the license
Initial Education Requirements
- No pre-licensing course is required.
- Residents must hold an active/good standing Producer Property & Casualty license in Connecticut.
Waivers due to Designations
None
Renewal Continuing Education (CE) Requirements
Connecticut does not require CE for any Surplus Lines Broker.
Cancel License
License Voluntary – Surrender Request
Important Information
Surplus Lines Broker - FAQ's (Individual and Business Entities)
This license type does not require fingerprints.