Insurance Licensing Compliance Guide
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Wisconsin Insurance License

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Licensing requirements for Wisconsin insurance professionals and companies.

This page provides an overview of insurance licensing in Wisconsin 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 Wisconsin 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

Wisconsin Financial Services Company Licenses

Wisconsin Collection Agency License

Agency:Wisconsin Department of Financial Institutions - Division of Banking
Bond Requirements:

$25,000 if all entity records are maintained within Wisconsin and $35,000 if any records are maintained out-of-state.

Notes:

A non-resident is not required to obtain a collection agency license if that person conducts collection business with state residents solely by means of interstate telecommunications or interstate mail. If a non-resident physically enters Wisconsin to solicit accounts from creditors or to collect accounts, that person is required to obtain a Wisconsin collection agency license and have a Wisconsin office.

Initial Registration

Form:

Collection Agency License Application

Agency Fee:

$1,000 investigation fee + $200 license fee + an additional fee for each solicitor and a $15 license fee for each solicitor working outside of the office.

Notarize:Required

Registration Renewal

Agency Fee:

$200 + $15 license fee for each solicitor working outside of the office.

Due:

Annually by June 1.

Notes:

Renewal applications are sent to licensees about one month prior to expiration.

Supplemental Reporting
Annual Report

Agency Fee:

$0

Due:

Annually by March 15.

Notes:

Contact the division for a form.

Wisconsin Employee Benefit Plan Administrator License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by August 1.

Wisconsin Employee Benefit Plan Administrator License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by August 1.

Wisconsin Independent Review Organization Certification

Type of Review:

Medical Utilization Review

Agency:Wisconsin Office of the Commissioner of Insurance
Law:

WI Stat. § 632.835(4)

Initial Registration

Form:

Application for Certification

Agency Fee:

$400

Notarize:Required
Required Attachments:
  • Conflict of Interest Statement
  • Certification of Impartiality of MarketingPractices
  • Biographical sketches for all directors, officers, executives, owners, and the medical director
  • Additional attachments as laid out in the application

Registration Renewal

Form:

Application for Recertification

Agency Fee:

$100

Due:

Biennially

Notarize:Required

Registration Not Required

Not required



Supplemental Reporting
Independent Review Annual Report

Form:

Independent Review Organization Annual Report Form

Agency Fee:

$0

Due:

Annually by March 1.

Law:

Wisconsin Admin Code Ins. 18.16

Wisconsin Insurance Agency License

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

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

Agency:Wisconsin Office of the Commissioner of Insurance
Form:

http://oci.wi.gov/agentlic/corplic.htm

Agency Fee:

$100 for most

Notes:

Holding a firm license is optional in Wisconsin.

Registration Renewal

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

Agency:Wisconsin Office of the Commissioner of Insurance
Form:

http://oci.wi.gov/agentlic/corplic.htm

Agency Fee:

$100 for most

Due:

Annually or Biennially based on license type

Wisconsin Intermediary (Producer) Firm License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

By February 15 of even-numbered years.

Wisconsin Intermediary (Producer) Firm License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

By February 15 of even-numbered years.

Wisconsin Life Settlement Firm (Viatical Settlement) License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$750

Registration Renewal

Filing Method:

Online

Agency Fee:

$250

Due:

Annually by July 1.

Wisconsin Life Settlement Firm (Viatical Settlement) License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$750

Registration Renewal

Filing Method:

Online

Agency Fee:

$250

Due:

Annually by July 1.

Wisconsin Managing General Agent Firm License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

By February 15 of even-numbered years.

Wisconsin Managing General Agent Firm License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

By February 15 of even-numbered years.

Wisconsin Reinsurance Intermediary (Producer) Firm License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

By February 15 of even-numbered years.

Wisconsin Reinsurance Intermediary (Producer) Firm License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

By February 15 of even-numbered years.

Wisconsin Travel Insurance Firm License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

By February 15 of even-numbered years.

Wisconsin Travel Insurance Firm License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

By February 15 of even-numbered years.

Individual Licenses

Wisconsin Individual Financial Services Licenses

Wisconsin Employee Benefit Plan Administrator License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by August 1.

Wisconsin Employee Benefit Plan Administrator License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

Annually by August 1.

Wisconsin Insurance Agent License

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

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

Agency Fee:

From $10 to $750 depending on license type

Registration Renewal

Filing Method:

Online

Agency Fee:

From $35 to $250 depending on license type and residency

Due:

Annually or biennially depending on license type

Wisconsin Intermediary (Producer) Individual License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

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

Wisconsin Intermediary (Producer) Individual License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$70

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

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

Wisconsin Life Settlement Broker (Viatical Settlement) License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$750

Registration Renewal

Filing Method:

Online

Agency Fee:

$250

Due:

Annually by July 1.

Wisconsin Life Settlement Broker (Viatical Settlement) License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$750

Registration Renewal

Filing Method:

Online

Agency Fee:

$250

Due:

Annually by July 1.

Wisconsin Managing General Agent Individual License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

Biennially

Wisconsin Managing General Agent Individual License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

Biennially

Wisconsin Public Adjuster License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by the end of the registration anniversary month.

Wisconsin Public Adjuster License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance
Exam Required?Yes

Initial Registration

Filing Method:

Online

Agency Fee:

$50

Registration Renewal

Filing Method:

Online

Agency Fee:

$50

Due:

Biennially by the end of the registration anniversary month.

Wisconsin Reinsurance Intermediary Broker License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

Biennially

Wisconsin Reinsurance Intermediary Broker License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

Biennially

Wisconsin Reinsurance Intermediary Manager License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Registration Renewal

Filing Method:

Online

Agency Fee:

$70

Due:

Biennially

Wisconsin Reinsurance Intermediary Manager License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Registration Renewal

Filing Method:

Online

Agency Fee:

$35

Due:

Biennially

Wisconsin Surplus Lines License - Non-Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$100

Registration Renewal

Filing Method:

Online

Agency Fee:

$100

Due:

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

Wisconsin Temporary Insurance Intermediary License - Resident

Agency:Wisconsin Office of the Commissioner of Insurance

Initial Registration

Filing Method:

Online

Agency Fee:

$75

Renewal Not Required

Not required



Temporary intermediary licenses are valid for 12 months and cannot be renewed.

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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