Licensing for Insurance Carriers and RPGs
M&C’s licensing team works closely with insurance carriers to be certain they have the proper authority to write the necessary lines of business for the U.S. jurisdictions they have been granted a certificate of authority (COA). We also work closely with carriers that want to expand their footprint or add lines of business and have a team dedicated to registering Risk Purchasing Groups (RPGs).
Primary Applications:
- Assist New Companies with Initial Admission
- Carriers That Want to Re-Domesticate to Another State
- Streamline the Admissions Process
- Dashboard to Manage the Workflow and Documents
- Document Library for all Relevant Licensing Data
Expansion Applications:
- Work Closely with the State of Domicile
- Completion of Uniform Certificate of Authority Application (UCAA)
- Meet Minimum Cap and Surplus Requirements
- Work With States to Waive Any Seasoning Requirements
- Manage Process Through Financial and Operational Review
Corporate Amendments:
- Amend COA by Adding Additional Lines of Business
- Review Corporate Amendment Application Requirements
- Complete Electronic Filings or Hardcopy Filings
- Work Closely with Regulators to Gain Approval
RPG Registration:
- Registration of Any Purchasing Group
- Experience With All U.S. Jurisdictions
- Organized Processing of All the Submissions
- RPG Applications and Approvals Available Through OneView