State Requirements

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

Applicant must not hold an active non-resident license in Ohio or an active resident license another state. If applicable, send a Letter of Clearance or letter requesting that your license residency be changed from non-resident to resident to the state. Applicant will need to cancel other active resident license before resubmitting application to Ohio.

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

All resident business entity applicants must register with the Ohio Secretary of State prior to applying for an Ohio resident BE license and prior to operating in the State of Ohio.

Ohio does not accept sole proprietor as an agency firm type on the Resident License (RL) business entity application.  Entities operating in Ohio under a Federal tax Identification Number (FEIN) must obtain an Ohio business entity license for the entity.  Entities operating in Ohio under an individual's personal Social Security Number (SSN) does not need a separate Ohio business entity license, but must have the business entity name registered with the Ohio Secretary of State as a trade name or fictitious name and added as an alias to the individual agent's Ohio insurance license.

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.

• 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 business entity's customers according to an "Insurance Networking Arrangement".
• Register and be in Good standing with the Ohio Secretary of State.
• Have at least one Responsible Designated Agent "RDA" licensed with an active Major lines license in Ohio.
• Provide required supporting documents, if necessary.

• Register and be in Good standing with the Ohio Secretary of 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.

• 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.

• Be registered and in good standing with the Ohio Secretary of State.
• Provide required supporting documents, if necessary.

• 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.
• Be registered and in good standing with the Ohio Secretary of State.
• Provide required supporting documents, if necessary.

• Provide proof of $25,000 bond payable to State of Ohio. The bond shall be issued by an insurance company authorized to transact surety business in Ohio.
• Complete Ohio specific bond form (INS3222). The bond form can be found on the Department's website.
• 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 LOAs.
• Be registered and in good standing with the Ohio Secretary of State.
• Provide required supporting documents, if necessary.

• Provide proof of fidelity bond or other comparable insurance policy coverage as required by R.C. 3959.11 and OAC 3901-8-05 (E)(5). Documentation must include the name of the carrier, policy number and effective dates.
• If applicable, provide proof of professional liability insurance coverage and/or E&O insurance.
• Hold a certificate of good standing from the Ohio Secretary of State if domiciled in Ohio, or if applicant is domiciled outside of Ohio, hold a certificate of good standing from the Secretary of State in the state of domicile.
• Provide required supporting details or documents, if necessary.

• Name of each partner, officer, member, manager or director of entity.
• Name of at least one Responsible Designated Agent "RDA" licensed with an active Title license in Ohio.
• On a separate attachment identify the initial capitalization of the business entity.
• On a separate attachment identify all staff positions within the business entity. For each position, note whether the individual filling the position will be a full or part-time employee of the business entity and whether the individual will be leased, borrowed from, or shared with an affiliated business. Identify the affiliated business from which each individual will be leased, borrowed, or shared.
• On a separate attachment, identify the substantial services that the business entity will perform for which it will receive a fee.
• On a separate attachment, list each substantial service that the business entity will contract out to a parent or affiliate of a parent and identify the parent or affiliate that will be performing that service.
• On a separate attachment, identify the percentage of its business the business entity expects to receive from its affiliates, parents, or affiliates of its parents.
• For each individual listed on the application as a producer, identify all business entities for which that producer is a title agent.
• 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 operating agreement and articles of organization for UCSL.
• Attach proof of registration and good standing with the Ohio Secretary of State.
• Required supporting details or documents, if necessary.

• 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.
• Provide a comprehensive anti-fraud plan that complies with requirements of division (G) of ORC section 3916.18.
• 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.
• Be registered and in good standing with the Ohio Secretary of State.
• Provide criminal background check results for all partners, officers, members, owners and key employees. Please note a state criminal background records check is required for all partners, officers, members, owners, or key employees who live or work in Ohio and a federal criminal background records check for all partners, officers, members, owners, or key employees who will be operating under the applicant's license. The background reports must be sent to the Department of Insurance directly from BCI/FBI.
• Provide required supporting details or documents, if necessary.