Insurance Licensing Compliance Guide
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Arkansas Insurance License

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Licensing requirements for Arkansas insurance professionals and companies.

This page provides an overview of insurance licensing in Arkansas for individuals and companies. You will find state requirements, application fees, filing instructions, and more. For assistance with licensing, please contact us to learn about our software and managed license services.

Companies that provide insurance producer services in Arkansas must apply for a license prior to doing business. Depending on the lines of authority offered by the entity and the types of services offered, multiple firm licenses may be required.

Before applying, firms should ensure that the licensed individual to be appointed agent in charge has the necessary licenses. Firms should also gather proof of incorporation, or foreign qualification for out-of-state firms, in anticipation of application requirements.

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Company Licenses

Arkansas Financial Services Company Licenses

Arkansas Adjuster License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$240

Due:

Annually by September 30.

Arkansas Adjuster License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$360

Due:

Annually by September 30.

Arkansas Collection Agency License

Agency:Arkansas State Board of Collection Agencies
Bond Requirements:

$10,000 for entities with 5 or fewer collectors, $20,000 for entities with between 6 and 12 collectors, $25,000 for entities with more than 13 collectors.

Initial Registration

Form:

Application for Collection Agency License

Agency Fee:

$125 licensing fee + $20 manager's fee + $20 for each collector and solicitor.

Notarize:Required

Registration Renewal

Form:

License Renewal Application

Agency Fee:

$125 licensing fee + $20 manager's fee + $20 for each collector and solicitor.

Due:

Annually by June 30.

Notarize:Required

Amendment

Form:

Registration of New Collectors

Agency Fee:

$20 per new collector.

Due:

Within 90 days of hiring a new collector.

Amendment

Form:

Address Change Request Form

Agency Fee:

$0

Arkansas Consultant Agency License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$60

Registration Renewal

Filing Method:

Online

Agency Fee:

$240

Arkansas Consultant Agency License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$60

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Annually by September 30.

Arkansas Exchange Agency License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

Annually by September 30.

Arkansas Exchange Agency License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

Annually by September 30.

Arkansas Insurance Agency License

Agency:Arkansas Insurance Department

Initial Registration

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

Agency:Arkansas Insurance Department
Form:

http://www.insurance.arkansas.gov/License/forms.htm

Agency Fee:

Varies by insurance type. Baseline of $35

Registration Renewal

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

Agency:Arkansas Insurance Department
Form:

http://www.insurance.arkansas.gov/License/forms.htm

Agency Fee:

Varies by insurance type. Baseline of $35

Due:

Annually

Arkansas Insurance Producer License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$105

Due:

Annually by September 30.

Arkansas Insurance Producer License - Non-Resident (No Home State)

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Arkansas Insurance Producer License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$105

Due:

Annually by September 30.

Arkansas Life Settlement Broker Business Entity License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Expiration dates vary.

Arkansas Life Settlement Broker Business Entity License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by September 30.

Arkansas Life Settlement Provider Business Entity License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Expiration dates vary.

Arkansas Life Settlement Provider Business Entity License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by September 30.

Arkansas Portable Electronics - Limited License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by September 30.

Arkansas Portable Electronics – Limited License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Expiration dates vary.

Arkansas Portable Electronics License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$1,000

Registration Renewal

Filing Method:

Online

Agency Fee:

$2,000

Due:

Annually by September 30.

Arkansas Portable Electronics License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$1,000

Registration Renewal

Filing Method:

Online

Agency Fee:

$3,000

Due:

Annually by September 30.

Arkansas Private Review Agent Certification

Type of Review:

Medical or Workers' Compensation Utilization Review

Agency:Arkansas Department of Health
Law:

AR Code § 20-9-901 et seq.

Notes:

Only private review agents, as defined by AR Code § 20-9-202, are required to register. Additional exemptions are noted in AR Code § 20-9-904.

Initial Registration

Form:

Utilization Review Application

Agency Fee:

$2,500

Notarize:Required
Required Attachments:

Reference the list of required attachments found in the Application Checklist for Utilization Review.

Registration Renewal

Form:

Utilization Review Application (Renewal)

Agency Fee:

$2,500

Due:

Biennially on the anniversary of certification.

Arkansas Reinsurance Intermediaries Broker License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$300

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

Annually by December 31.

Arkansas Reinsurance Intermediaries Broker License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$300

Registration Renewal

Filing Method:

Online

Agency Fee:

$225

Due:

Annually by September 30.

Arkansas Reinsurance Intermediaries Manager License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$500

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

Annually by December 31.

Arkansas Reinsurance Intermediaries Manager License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$500

Registration Renewal

Filing Method:

Online

Agency Fee:

$300

Due:

Annually by September 30.

Arkansas Self Service Storage Insurance License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

Annually by September 30.

Arkansas Self Service Storage Insurance License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$105

Due:

Annually by September 30.

Arkansas Surplus Lines Agency License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$1,035

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Annually by December 31.

Arkansas Third Party Administrator License

Agency:Arkansas Insurance Department
Foreign Qualification is Prerequisite:No
Bond Requirements:

A $25,000 Surety Bond, executed by an authorized admitted insurer using the bond form, Form AID-LITPABOND, must be attached to the Application for Registration.

Form

Notes:

License Fee $250, Late Fee $100, Total if late $350

Registered Agent (Special Agency) Required?No

Initial Registration

Arkansas Title Agency License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$250

Registration Renewal

Filing Method:

Online

Agency Fee:

$350

Due:

Annually by September 30.

Arkansas Workers Compensation Third Part Administrator Certificate of Authority

More Information:

Arkansas Workers' Compensation Commission

Foreign Qualification is Prerequisite:No
Registered Agent (Special Agency) Required?No

Individual Licenses

Arkansas Individual Financial Services Licenses

Arkansas Adjuster License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

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

Arkansas Adjuster License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$0

Registration Renewal

Filing Method:

Online

Agency Fee:

$120 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas Consultant License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$240

Due:

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

Arkansas Consultant License - Non-Resident (No Home State)

Agency:Arkansas Insurance Department
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$25

Registration Renewal

Filing Method:

Online

Agency Fee:

$360

Due:

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

Arkansas Consultant License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$120

Registration Renewal

Filing Method:

Online

Agency Fee:

$120 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas Crop Adjuster License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

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

Arkansas Crop Adjuster License - Resident

Agency:Arkansas Insurance Department
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas Exchange Producer License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

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

Arkansas Exchange Producer License - Resident

Agency:Arkansas Insurance Department
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$35 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas Insurance Agent License

Agency:Arkansas Insurance Department

Initial Registration

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

Agency Fee:

From $0 to $1,035 depending on license type.

Registration Renewal

Filing Method:

Online

Agency Fee:

Varies based on license type

Due:

Biennially on the last day of initial registration month

Arkansas Insurance Producer License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$70

Registration Renewal

Filing Method:

Online

Agency Fee:

$140

Due:

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

Arkansas Insurance Producer License - Non-Resident (No Home State)

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$25

Registration Renewal

Filing Method:

Online

Agency Fee:

$210

Due:

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

Arkansas Insurance Producer License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$25

Registration Renewal

Filing Method:

Online

Agency Fee:

$70 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas IPA Guide License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

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

Arkansas IPA Guide License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$35

Registration Renewal

Filing Method:

Online

Agency Fee:

$35 renewal fee + $20 continuing education.

Due:

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

Arkansas Life Settlement Broker License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

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

Arkansas Life Settlement Producer License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$0

Registration Renewal

Filing Method:

Online

Agency Fee:

$0

Due:

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

Arkansas Life Settlement Provider License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$200

Due:

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

Arkansas Purchasing Group Broker License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$65

Registration Renewal

Filing Method:

Online

Agency Fee:

$130

Due:

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

Arkansas Purchasing Group Broker License - Resident

Agency:Arkansas Insurance Department
Exam Required?No

Initial Registration

Filing Method:

Online

Agency Fee:

$65

Registration Renewal

Filing Method:

Online

Agency Fee:

$65 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas Reinsurance Intermediaries Broker License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$300

Registration Renewal

Filing Method:

Online

Agency Fee:

$150

Due:

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

Arkansas Reinsurance Intermediaries Broker License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$300

Registration Renewal

Filing Method:

Online

Agency Fee:

$75 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas Surplus Lines Producer License - Non-Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$1,035

Registration Renewal

Filing Method:

Online

Agency Fee:

$120

Due:

Biennially by December 31.

Arkansas Surplus Lines Producer License - Resident

Agency:Arkansas Insurance Department

Initial Registration

Filing Method:

Online

Agency Fee:

$1,035

Registration Renewal

Filing Method:

Online

Agency Fee:

$60 renewal fee + $20 continuing education fee per license class.

Due:

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

Arkansas Title Agent License - Resident

Agency:Arkansas Insurance Department
Exam Required?Yes

Initial Registration

Filing Method:

Online

Agency Fee:

$0

Registration Renewal

Filing Method:

Online

Agency Fee:

$35 renewal fee + $20 continuing education.

Due:

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

Learn about insurance licensing in other states:

Adjuster - A person or firm that is paid to adjust, investigate, and negotiate claim settlements. There are 3 categories of adjusters: company, independent, and public. Company adjusters work for insurance companies and investigate claims on behalf of the company. Independent adjusters investigate claims on a contractual basis for insurance companies. Public adjusters investigate claims on behalf of claimants, usually to determine the amount of money that can be claimed.

Agent in Charge - A licensed individual responsible for the supervision of all individuals within an insurance agency. The agent in charge must be licensed in the same lines as the agency.

Insurance Agent - Insurance agents act as intermediaries between the insurance company and policyholders. Agents can be either captive or independent. Captive agents represent a single insurance company, while independent agents represent multiple insurers.

Insurance Broker - Individuals who sell insurance policies while representing the interests of the buyer. Brokers are typically independent intermediaries without an insurance company affiliation.

Insurance Producer - May be used to refer to either individual insurance agents and brokers or insurance agencies and brokerages.

Managing General Agent - An agent or broker that is involved in underwriting and has other areas of authority normally handled by insurers. MGAs are typically involved in unusual lines of coverage or in geographically prohibitive areas.

Surplus Lines Insurer - An insurance carrier that takes on risks that a licensed carrier is unwilling to insure. Surplus lines insurers do not have access to state guaranty funds and are less tightly regulated by state governing bodies.

Third Party Administrator - An organization that manages group insurance policies and works with the employer and insurance carrier to process claims, handle loss control, and provide risk management and consulting services.

Title Agent - Title agents sell insurance that protects real estate owners against loss of ownership of a property due to a legal claim.

Viatical Settlement Provider - A company that purchases life insurance policies at a discount from individuals seeking immediately available funds.

Independent Insurance Agents and Brokers of America (Big “I”)
Advocacy group of independent insurance brokers and agents.

National Association of Insurance and Financial Advisors (NAIFA)
Professional association that advocates for favorable regulatory conditions for insurance agents and financial advisors.

National Association of Insurance Companies (NAIC)
A standard setting and regulatory support organization that is governed by state insurance regulators.

National Association of Professional Insurance Agents (PIA)
Professional association that provides education and advocacy for insurance agents throughout the United States.

National Insurance Producer Registry (NIPR)
An affiliate of the NAIC that provides streamlined and uniform producer licensing processes.

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