PDF
Word
Checklist of Necessary Information for Reinsurance Intermediary Manager - Arkansas
Checklist of Necessary Information for Reinsurance Intermediary Manager is a legal document that was released by the Arkansas Insurance Department - a government authority operating within Arkansas.
FAQ
Q: What is a Reinsurance Intermediary Manager?A: A Reinsurance Intermediary Manager is a licensed individual or entity that acts as a middleman between an insurance company and a reinsurer.
Q: Why is a Reinsurance Intermediary Manager necessary?A: A Reinsurance Intermediary Manager is necessary to facilitate the reinsurance process, ensuring that insurance companies can access reinsurance coverage to manage their risk exposure.
Q: What are the licensing requirements for a Reinsurance Intermediary Manager in Arkansas?A: In Arkansas, a Reinsurance Intermediary Manager must be licensed by the Arkansas Insurance Department and meet certain financial and professional requirements.
Q: What financial requirements must a Reinsurance Intermediary Manager meet in Arkansas?A: A Reinsurance Intermediary Manager in Arkansas must demonstrate a minimum net worth of $100,000 and maintain a surety bond in the amount of $50,000.
Q: What professional requirements must a Reinsurance Intermediary Manager meet in Arkansas?A: A Reinsurance Intermediary Manager in Arkansas must have at least 3 years of experience in insurance or reinsurance and pass a qualifying examination.
Q: How often must a Reinsurance Intermediary Manager renew their license in Arkansas?A: A Reinsurance Intermediary Manager must renew their license annually in Arkansas.
Q: Are there any ongoing reporting requirements for a Reinsurance Intermediary Manager in Arkansas?A: Yes, a Reinsurance Intermediary Manager in Arkansas must submit an annual report to the Arkansas Insurance Department.
Q: Can a Reinsurance Intermediary Manager have appointments with more than one insurer?A: Yes, a Reinsurance Intermediary Manager in Arkansas can have appointments with more than one insurer.
Q: Is there a fee for obtaining a license as a Reinsurance Intermediary Manager in Arkansas?A: Yes, there is a fee of $250 for obtaining a license as a Reinsurance Intermediary Manager in Arkansas.
Form Details:
- Released on May 1, 2015;
- The latest edition currently provided by the Arkansas Insurance Department;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below{class="scroll_to"} or browse more documents and templates provided by the Arkansas Insurance Department.
Download Checklist of Necessary Information for Reinsurance Intermediary Manager - Arkansas
1
2
