Iowa Insurance Division


Please Note

We are a service company that can help you file with the Iowa Insurance Division. We are not associated with this nor any other government agency. We offer paid services and software to help you file. You are not required to purchase our service to file - you may file directly with this agency without using our service.


Contact Information

Physical address:
601 Locust St.
4th Floor
Des Moines, IA 50309

Phone: (515) 281-5705
Fax: (515) 281-3059

Web: Home Name search

Licenses

We track the following licenses with the Iowa Insurance Division in order to provide compliance services to our clients. As a client, you see this and other reference data in License Manager in-line with your licenses.

A laptop placed on a desk with our License Manager software on display

Iowa Business Entity Surplus Lines Producer License - Resident

Agency:Iowa Insurance Division

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Triennially by the end of the registration anniversary month.

Iowa Charitable Gift Annuity Registration

Agency:Iowa Insurance Division
Law:

IA Code Title 13 § 508F

Organization Age Requirement:

3 years of continuous existence immediately preceeding licensure.

Minimum Unrestricted Cash or Cash Equivalent Requirement:

$300,000

Initial Registration

Notes:

Iowa charities must provide notice on the day they first enter into a charitable gift annuity agreement. Notices must identify the organization, certify that the organization is a charity and that the annuities issued are qualified charitable gift annuities, include an IRS letter of determination, and be signed by an officer or director.

Registration Renewal

Not required



Iowa Independent Review Organization Certification

Type of Review:

Medical Utilization Review

Agency:Iowa Insurance Division

Initial Registration

Form:

Independent Review Organization Application

Agency Fee:

$0

Required Attachments:
  • Names and titles of all directors, officers, and executives
  • List of all clinical reviewers to be assigned by your IRO by name, general certification,
    and specialty or subspecialty certification

Registration Renewal

Form:

Independent Review Organization Application (Renewal)

Agency Fee:

$0

Due:

Biennially

Iowa Insurance Agency License

Agency:Iowa Insurance Division

Initial Registration

This section applies to insurance firms that are applying for a license in Iowa for the first time.

Agency:Iowa Insurance Division
Form:

http://www.iid.state.ia.us/insurance_agent_info

Agency Fee:

$50 for most

Registration Renewal

This section applies to insurance firms that are already licensed in Iowa and need to renew their license.

Agency:Iowa Insurance Division
Form:

http://www.iid.state.ia.us/insurance_agent_info

Agency Fee:

$50 for most

Due:

Triennially

Iowa Insurance Agent License

Agency:Iowa Insurance Division

Initial Registration

This section applies to insurance agents that are applying for a license in Iowa for the first time.

Agency Fee:

$50 for most.

Registration Renewal

Filing Method:

Online

Agency Fee:

Varies based on license type

Due:

Triennially by the last day of initial registration month

Iowa Insurance Producer License - Non-Resident

Agency:Iowa Insurance Division

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Triennially by the end of the licensee's birth month.

Iowa Insurance Producer License - Non-Resident

Agency:Iowa Insurance Division

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Triennially by the end of the registration anniversary month, however, business entities may choose a month other than its registration anniversary month for its license term.

Iowa Insurance Producer License - Resident

Agency:Iowa Insurance Division
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Triennially by the end of the licensee's birth month.

Iowa Public Adjuster License - Non-Resident

Agency:Iowa Insurance Division

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Triennially by the end of the licensee's birth month.

Iowa Public Adjuster License - Resident

Agency:Iowa Insurance Division

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Triennially by the end of the licensee's birth month.

Iowa Surplus Lines Producer License - Non-Resident

Agency:Iowa Insurance Division

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Triennially by the end of the licensee's birth month.

Iowa Surplus Lines Producer License - Resident

Agency:Iowa Insurance Division

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Triennially by the end of the licensee's birth month.

Iowa Third Party Administrator License - Non-Resident

Agency:Iowa Insurance Division

One-Time Exemption Registration

Exemption Eligible Organizations:
  • The only action being performed is as an employer administering its employee benefit plan or the plan of an affiliated employer under common management and control.
  • The only action being performed is as a trust exempt from taxation under Section 507(a) of the Internal Revenue Code and its trustees and employees acting pursuant to such trust, or a custodian and the custodian’s agents or employees acting pursuant to a custodian account that meets the requirements of Section 401(f) of the Internal Revenue Code.
  • The only action being performed is as a person licensed as a managing general agent in this state when acting within the scope of activities conveyed under such a license.
  • The administrator is an insurer that underwrites, collects charges, collateral or premiums from, or adjusts or settles claims for no one other than its policyholders, subscribers and certificate holders.
  • The third-party administrator is affiliated with a licensed insurer and only acts as a third-party administrator for the direct and assumed insurance business of the affiliated insurer.
  • A person only acts as a third-party administrator for a group plan based in another state that has fewer than 100 insureds under the plan residing in Iowa.
  • A person who directly or indirectly underwrites, collects charges or premiums from, or adjusts or settles claims on residents of this state, only in connection with life, annuity or health coverage provided by a self-funded plan other than a governmental or church plan.
  • An administrator operating solely as a single-employer trust or Taft-Hartley labor union trust as defined under ERISA.
Form:

Exception from Registration Requirement Form

Law:

IAC 191-58.3(1)

Notarize:Required

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Triennially by the end of the registration anniversary month.

Supplemental Reporting

Filing Method:

Online

Due:

Annually by July 1.

Law:

IAC 191-58.11

Notes:

Each registered third-party administrator shall file by July 1 an annual report in a form and manner as prescribed by the commissioner. The report shall:

  • Be verified by at least two officers of the third-party administrator;
  • Include audited financial statements prepared by an independent certified public accountant using generally accepted accounting principles;
  • Be prepared on a consolidated basis; and
  • Include a columnar consolidating or combining worksheet that shall be filed with the report and include the following:
    • Amounts shown on the consolidated audited financial report shall be shown on the worksheet;
    • Amounts for each entity shall be stated separately; and
    • Explanations of consolidating and eliminating entries shall be included.

Iowa Third Party Administrator License - Resident

Agency:Iowa Insurance Division
Bond Requirements:

The bond must be in an amount equivalent to 10 percent of the third-party administrator's average daily client account balance during the preceding calendar year. In no case shall the bond be less than $50,000 or more than $1,000,000.  The bond shall be payable to the Iowa Insurance Division to ensure the financial protection of the third-party administrator's customers, subject to the dollar limitation of the surety bond. A Certificate of Liability or a Fidelity (Crime) Bond will not be accepted in lieu of the required TPA surety bond.

One-Time Exemption Registration

Exemption Eligible Organizations:
  • The only action being performed is as an employer administering its employee benefit plan or the plan of an affiliated employer under common management and control.
  • The only action being performed is as a trust exempt from taxation under Section 507(a) of the Internal Revenue Code and its trustees and employees acting pursuant to such trust, or a custodian and the custodian’s agents or employees acting pursuant to a custodian account that meets the requirements of Section 401(f) of the Internal Revenue Code.
  • The only action being performed is as a person licensed as a managing general agent in this state when acting within the scope of activities conveyed under such a license.
  • The administrator is an insurer that underwrites, collects charges, collateral or premiums from, or adjusts or settles claims for no one other than its policyholders, subscribers and certificate holders.
  • The third-party administrator is affiliated with a licensed insurer and only acts as a third-party administrator for the direct and assumed insurance business of the affiliated insurer.
  • A person only acts as a third-party administrator for a group plan based in another state that has fewer than 100 insureds under the plan residing in Iowa.
  • A person who directly or indirectly underwrites, collects charges or premiums from, or adjusts or settles claims on residents of this state, only in connection with life, annuity or health coverage provided by a self-funded plan other than a governmental or church plan.
  • An administrator operating solely as a single-employer trust or Taft-Hartley labor union trust as defined under ERISA.
Form:

Exception from Registration Requirement Form

Law:

IAC 191-58.3(1)

Notarize:Required

Initial Registration

Form:

Uniform Application for Business Entity License/Registration

Filing Method:

Mail or online.

Agency Fee:

$100

Turnaround:

Upon receipt by the Iowa Insurance Division, notification of approval is generally sent via email within 5-10 business days.

Notes:

By signing the application, you agree that every owner, partner, officer, or director of the business entity, or member or manager of a limited liability company, either a) does not have a current child support obligation, or b) has a child-support obligation and is currently in compliance with that obligation.

Required Attachments:
  • A certified copy of the corporate or organizational documents or a certificate of good standing from the Iowa Secretary of State
  • Evidence of a surety bond in the required minimum amount
  • A list of all insurance companies or other entities for which you currently act as a third party administrator (or pharmacy benefits manager, if applicable)
  • Business narrative describing the activities the third party administrator will be performing on behalf of its clients
  • Biographical affidavits for all officers, directors, key managerial personnel, and individuals with 10% or more beneficial ownership
  • Prior authorization form meeting the requirements pursuant to Iowa Code section 505.26.

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Triennially by the end of the registration anniversary month.

Supplemental Reporting

Filing Method:

Online

Due:

Annually by July 1.

Law:

IAC 191-58.11

Notes:

Each registered third-party administrator shall file by July 1 an annual report in a form and manner as prescribed by the commissioner. The report shall:

  • Be verified by at least two officers of the third-party administrator;
  • Include audited financial statements prepared by an independent certified public accountant using generally accepted accounting principles;
  • Be prepared on a consolidated basis; and
  • Include a columnar consolidating or combining worksheet that shall be filed with the report and include the following:
    • Amounts shown on the consolidated audited financial report shall be shown on the worksheet;
    • Amounts for each entity shall be stated separately; and
    • Explanations of consolidating and eliminating entries shall be included.

Iowa Utilization Reviewer Statement of Certification

Type of Review:

Medical Utilization Review

Agency:Iowa Insurance Division
Law:

IAC § 514F.4

Automatic Exemption

Exemption Eligible Organizations:

Entities that perform utilization review solely under contract with
the federal government for review of patients eligible for services under:

  • Title XVIII (Medicare) of the federal Social Security Act;
  • The Civilian Health and Medical Program of the Uniformed Services (CHAMPUS); or
  • Any other federal employee health benefit plan
Law:

IAC § 70.3(3)

Initial Registration

Filing Method:

Online

Agency Fee:

$0

Required Attachments:
  • Proof of current Health Utilization Management or other utilization review accreditation from URAC or NCQA

Registration Renewal

Filing Method:

Online

Agency Fee:

$0

Due:

Annually by March 1.

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