Applicant must hold an active renewable license in Rhode Island.
Applicants must have an active producer license in their own resident state.
At least one (1) Designated Responsible Licensed Producer (DRLP) must be provided on the application and have an active resident or non-resident license in Rhode Island.
DRLP not required for Third Party Administrator Certificate of Authority, Third Party Administrator Registered or Third Party Administrator Waiver Certificate license classes.
The DRLPs provided are not required to cumulatively cover the lines of authority (LOAs) on the application.
The following license classes expire annually on the last day of February: Third Party Administrator Certificate of Authority, Third Party Administrator Registered and Third Party Administrator Waiver Certificate licenses expired annually on the last day of February.
All renewal applications for Third Party Administrator Certificate of Authority, Third Party Administrator Registered and Third Party Administrator Waiver Certificate licenses must provide annual report form and annual filing fee to Rhode Island Department of Business Regulation, Insurance Division.
Surplus Line Broker renewals will not be approved until the Insurance Division receives clearance from the taxation division that all taxes have been filed. The Rhode Island Taxation Division will provide confirmation to the Insurance Division.
Rhode Island will allow reinstatements of a license if:
- Expiration date is greater than thirty (30) days and less than three hundred and sixty-five (365) days.
- Reinstatement must be processed through Resident Renewal (RLR) Application.
License is eligible for renewal starting 90 days prior to expiration date on PDB.
Applicant is allowed a grace period of 30 days after the expiration date to renew the license with no additional fees.
Partial renewals are not allowed. Electronic renewals must be renewed for all active lines held.
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.