Copy of bond in the amount of at least $50,000. Copy of the Certified Resolution of the Board appointment describing duties to be performed. Copy of the signed contract between the MGA and the insurance company. Managing General Agent applicants are required to provide:. Applicants for Funeral Expense line of authority (LOA) must provide proof of Active Ohio Funeral Director's license. Have at least one Responsible Designated Agent "RDA" licensed with an active Limited lines license in Ohio. Limited Line agent applicants are required to:. Provide required supporting documents, if necessary. Have at least one Responsible Designated Agent "RDA" licensed with an active Major lines license in Ohio. Register and be in Good standing with the Ohio Secretary of 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 business entity's customers according to an "Insurance Networking Arrangement". Major Line agent applicants are required to:. The documents may also be submitted to the state via mail, email, or fax. If applicant responds "yes" to one of the background questions please submit supporting documents electronically via NIPR's Attachments Warehouse. 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. 
Entities operating in Ohio under a Federal tax Identification Number (FEIN) must obtain an Ohio business entity license for the entity. Ohio does not accept sole proprietor as an agency firm type on the Resident License ( RL) business entity application.
Applicant will need to cancel other active resident license before resubmitting application to Ohio.ĭesignated Responsible Licensed Producers (DRLPs) must have an active resident or non-resident license in Ohio.Īll 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. If applicable, send a Letter of Clearance or letter requesting that your license residency be changed from non-resident to resident to the state. Please contact the state if applicable.Īpplicant must not hold an active non-resident license in Ohio or an active resident license another state. Applicant must not have any serious RIRS actions.
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