State Requirements

Applicants may renew up to ninety (90) days prior to their license expiration date. Any renewal application received prior to the ninety (90) days of the license expiration date or after the renewal application acceptance time period will not be accepted.

Applicant must not have any serious RIRS actions. Please contact the state if applicable.

Designated Responsible Licensed Producer (DRLP) must have an active resident or non-resident license in Ohio.

If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. The documents may also be submitted to the state via mail, email, or fax.

• Must have active license for equivalent Lines of Authority (LOA) in resident state.
• Business entities applying for Variable lines must provide the Broker-Dealer CRD # or the Broker-Dealer CRD# of an affiliate insurance entity or third-party that provides the brokerage services for the BE's customers according to an "Insurance Networking Arrangement".
• Have at least one Responsible Designated Agent "RDA" licensed with an active Major lines license in Ohio.
• Provide required supporting documents, if necessary.

• Must have active license for equivalent Lines of Authority (LOA) in resident state.
• Have at least one Responsible Designated Agent "RDA" licensed with an active Limited lines license in Ohio.
• Applicants for Funeral Expense line of authority (LOA) must provide proof of Active Ohio Funeral Director's license.
• Provide required supporting documents, if necessary.

• A copy of the signed contract between the MGA and the insurance company.
• A copy of the Certified Resolution of the Board appointment describing duties to be performed.
• A copy of bond in the amount of at least $50,000.
• Proof of Errors and Omissions Policy.
• Required supporting details or documents, if necessary.

Public Insurance Adjuster (PIA) applicants are required to:

• Provide proof of a bond in the amount of at least $1,000, payable to the State of Ohio or completion of the Ohio specific bond form (INS3007) found on the Department’s website.
• Provide a copy of the form that will be used as the contract in Ohio.
• Pass the Ohio public insurance adjuster examination.
• Provide required supporting details or documents, if necessary.

• Must have active reinsurance intermediary broker license or equivalent in resident state.
• Provide required supporting documents, if necessary.

• Must have active surety bail bond license or equivalent in resident state.
• Provide name of each employee, officer or member of the entity.
• Have at least one Responsible Designated Agent "RDA" licensed with an active Surety Bail Bond license in Ohio.
• Provide required supporting documents, if necessary.

• Must have active surplus lines license in resident state.
• Have at least one Responsible Designated Agent "RDA" licensed with an active resident or non-resident Surplus Lines license in Ohio.
• Required to hold an active Ohio major lines license for property and casualty LOA if entity is, or will, be involved in performing the due diligence requirements.
• Provide required supporting documents, if necessary.

• Hold an active third party administrator, or equivalent, license in resident state.
• Provide proof of home state TPA license or proof that home state does not require a TPA license in that state.
• Proof of fidelity bond or other comparable insurance policy coverage for all employees as required by R.C. 3959.11 and OAC 3901-8-05 (D)(5). Documentation must include the name of the carrier, policy number and effective dates.
• Proof of professional liability insurance coverage and/or E&O insurance as required by ERISA. (Documentation must include the name of the carrier, policy number and effective dates.)
• Include any change to officers, directors, partners, members, or trustees, or any change of shareholders or other owners or members holding five per cent or more of ownership, and any change to address, email or phone of the entity that has occurred since last application and has not been previously reported to this state.
• Proof of registration and good standing with the Ohio Secretary of State.
• Required supporting details or documents, if necessary.

• Must have active title license in resident state.
• On a separate attachment provide notification of changes to the owners, partners, officers, directors and affiliated title agents not previously reported to the application.   
• Name of at least one Responsible Designated Agent "RDA" licensed with an active Title license in Ohio.
• Attach an organizational chart that shows the following information: all subsidiaries, affiliates, and owners of the business entity ("owner" includes shareholder, member or partner). Indicate in the chart the percentage of voting shares, membership or partnership interest of the business entity that is held by each owner of the business entity. Identify with specificity each ownership interest held by a bank, trust company, bank and trust company, or other lending institution, mortgage service, brokerage, mortgage guaranty company, escrow company, real estate company, or any subsidiaries thereof, or by any person engaged in the business of any of the foregoing. If any of the owners of the business entity is a corporation, limited liability company, or partnership, identify the shareholders, members and partners of those owners.
• Attach proof of registration and good standing with the Ohio Secretary of State.
• Required supporting details or documents, if necessary.

• Hold active viatical settlement broker license or equivalent in resident state.
• Provide a description of procedures that are in place to safeguard the confidentiality of viators' and insureds' personal and medical information that complies with division (G) of ORC section 3916.07 and 3916.13, only if there are any changes from what has already been filed with the Department.
• Provide a comprehensive anti-fraud plan that complies with requirements of division (G) of ORC section 3916.18, only if there are any changes from what has already been filed with the Department.
• Identify all owners, partners, officers, members, directors, employees authorized to act under the Viatical Settlement Broker entity license. Documentation must include, at a minimum, full legal name, SSN/NPN and date of birth for each person authorized to act under the viatical settlement broker entity license.
• Provide an organizational chart that identifies all employees, partners, members, officers, & key employees, including position titles, and description of positions. The chart must also identify all owners or shareholders having five percent (5%) or greater beneficial ownership. The chart must additionally show the relationship of each to the applicant, including percentage of beneficial ownership or control.
• Provide the full name and address of the Agent for Service of Process appointed by the applicant, per O.R.C. 3916.03, if different than what has previously been provided to the Department.
• Provide the full name, address and telephone number of the person, on behalf of the applicant, who shall be responsible for handling or responding to regulatory complaints, application forms, or questions regarding its activities in Ohio, if different than what has previously been provided to the Department.
• Provide certificate of good standing from domicile state.
• Be registered and in good standing with the Ohio Secretary of State.
• Provide required supporting details or documents, if necessary.