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Reinsurance Intermediary Broker License, Individual - Initial

License Overview
Applicable to: Individuals, at least 18 years of age and of good moral character.
Description: Application for first-time license and reinstatement; fees; license requirements; miscellaneous forms and links. License to solicit, negotiate or place reinsurance cessions or retrocessions on behalf of a ceding insurer without authority to bind.
Statute: CGS 38a-760
Transaction Type: Initial
Duration: Biennial. License expires December 31 of even-numered years.
Requirements
Prerequisites: CT resident or equivalent license in any other state. CT resident Producers are exempt from licensure.
Required Documentation: Application, fee and documentation required based on a "yes" answer to a question. Nonresidents must provide evidence of equivalent license in any other state and Power of Atty form. If individual maintains office in CT, they are considered "resident".
Other Information: If employer is licensed in this capacity, individuals require written designation by an owner, partner, officer or director of the firm. An individual license is not required.
Applications, Forms & Other: ONLINE APPLICATION (Adjusters, Appraisers, Consultants, Life Settlement Brokers, Resident Producers, Reinsurance Intermediaries, Surplus Lines Brokers)
ONLINE CHANGE FORM (Update License Information)
PAPER APPLICATION
Reinsurance Intermediary Power of Attorney - Individual (Must Accompany Application if a Nonresident Individual)
REQUEST FORM (Certification/Clearance Letter)
REQUEST FORM (Duplicate License)
STATUTES - Title 38a - Insurance
Related Fees
Application Fee: Eff Oct 1 2009 - $675 payable to Treasurer, State of CT
Fee Exemptions: None
Agency Information
Agency: Department of Insurance
Phone: (860) 297-3955
Mailing Address: State of Connecticut Insurance Dept, Licensing Division (Standard Mail: PO Box 816, Hartford, CT 06142-0816) (Overnight Mail: 153 Market St, 7th Fl, Hartford, CT 06103)
Email Address: toby.sullivan@ct.gov
Website:     www.ct.gov/cid
Agency Notes: None

Last Updated: 9/24/2009            


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