50-State Insurance Licensing Compliance Guide

An overhead view of a woman signing forms

View Guide Contents

Guide Contents

Overview

Mississippi Insurance License

An insurance agent inspecting the damages to a car

Licensing requirements for Mississippi insurance professionals and companies.

This page provides an overview of insurance licensing in Mississippi 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 Mississippi 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.

Jump To:
Mississippi Insurance Company Licenses
Mississippi Individual Insurance Licenses

Filter LicensesClear Filters

Company Licenses

Insurance Adjuster Business

(2)

Insurance Agency

(1)

Insurance Producer Business

(2)

Life/Viatical Settlement Agency

(6)

Limited Lines Producer Business

(6)

Managing General Agent Business

(2)

Other Insurance Agency

(2)

Portable Electronics Insurance Agency

(2)

Reinsurance Intermediary Agency

(4)

Third Party Administrator Business

(2)

Utilization Review

(1)

Individual Licenses

Insurance Adjuster

(4)

Insurance Agent

(1)

Insurance Producer Individual

(3)

Life/Viatical Settlement Producer/Broker

(4)

Limited Lines Producer Individual

(4)

Managing General Agent Individual

(2)

Other Insurance Individual

(8)

Reinsurance Intermediary Broker

(4)

Surplus Lines Producer/Broker

(2)

Company Licenses

Mississippi Insurance Company Licenses

Mississippi Insurance Agency License

Agency:	Mississippi Insurance Department
Foreign Qualification is Prerequisite:	Not Set
Exam Required?	Not Set
Registered Agent (Special Agency) Required?	Not Set

Initial Registration

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

Agency:	Mississippi Insurance Department
Form:	http://www.mid.ms.gov/licensing/entity-licensing.aspx
Agency Fee:	Varies by insurance type. Baseline of $50

Filing Method:	Online
Agency Fee:	$200
Due:	Biennially by May 31.

Type of Review:	Medical Utilization Review
Agency:	Mississippi State Department of Health
Law:	MS Code § 41-83-3
Foreign Qualification is Prerequisite:	Not Set
Notes:	No certificate is required for those private review agents conducting general in-house utilization review for hospitals, home health agencies, preferred provider organizations or other managed care entities, clinics, private physician offices or any other health facility or entity, so long as the review does not result in the approval or denial of payment for hospital or medical services for a particular case.
Exam Required?	Not Set
Registered Agent (Special Agency) Required?	Not Set

Agency Fee:	$1,150
Notes:	Contact the department for an application form.
Required Attachments:	Utilization review plan A written protocol describing the appeals procedure A copy of any form which shall be completed during the appeals procedure Time frames that shall be met during the appeal procedure The names and qualifications of personnel making final appeal determinations

Form:	Application
Instructions:	Instructions
Filing Method:	Online
Agency Fee:	$200
Before you Apply:	Articles of organization & operating agreement Names, addresses, social security numbers, professional qualifications, and titles of all key employees who conduct affairs on behalf of the administrator All members/managers of the LLC, owners holding directly or indirectly ten percent (10%) or more of the voting securities of the administrator; and any other person who exercises control or influence over the affairs of the administrator Annual financial statements or reports for the two (2) most recent years which prove that the applicant is solvent. Statements must include a balance sheet and income statement and be accompanied by an affidavit containing the original signatures of two officers of the TPA verifying that the financial statements are true and correct and have been prepared on the GAAP or SAP basis of accounting. Certified Audited Financials of the licensed TPA also may be submitted. If the financial statements are filed on a consolidated basis, they must include a breakout of the licensed TPA. The commissioner may require additional information in order to review the current financial condition of the applicant A statement describing the business plan Information on staffing levels and activities proposed in this state and nationwide. The plan must provide details setting forth the administrator's capability for providing a sufficient number of experienced and qualified personnel in the areas of claims processing, record keeping and underwriting If the applicant will be managing the solicitation of new or renewal business, proof that it employs or has contracted with an agent licensed by this state for solicitation and taking of applications. Any applicant which intends to directly solicit insurance contracts or to otherwise act as an insurance agent must provide proof that it has a license as an insurance agent in this state Electronic verification of an Applicant’s resident license through the NAIC’s State Producer Database in lieu of requiring an original Letter of Certification from the resident state. Secretary of state registration

Compliance Software

Compliance Services

Mississippi Insurance License

Company Licenses

Mississippi Insurance Company Licenses

Mississippi Insurance Agency License

Initial Registration

Registration Renewal

Mississippi Insurance Producer Entity License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Insurance Producer Entity License - Resident

Initial Registration

Registration Renewal

Mississippi Limited Lines Credit Insurance Producer Entity License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Limited Lines Credit Insurance Producer Entity License - Resident

Initial Registration

Registration Renewal

Mississippi Limited Lines Self-Storage Insurance Producer Entity License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Limited Lines Self-Storage Insurance Producer Entity License - Resident

Initial Registration

Registration Renewal

Mississippi Limited Lines Travel Insurance Producer Business Entity License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Limited Lines Travel Insurance Producer Business Entity License - Resident

Initial Registration

Registration Renewal

Mississippi Managing General Agent License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Managing General Agent License - Resident

Initial Registration

Registration Renewal

Mississippi Portable Electronics Entity License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Portable Electronics Entity License - Resident

Initial Registration

Registration Renewal

Mississippi Private Review Agency Certification

Initial Registration

Registration Renewal

Mississippi Public Adjuster Entity License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Public Adjuster Entity License - Resident

Initial Registration

Registration Renewal

Mississippi Reinsurance Intermediary Broker License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Reinsurance Intermediary Broker License - Resident

Initial Registration

Registration Renewal

Mississippi Reinsurance Intermediary Manager License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Reinsurance Intermediary Manager License - Resident

Initial Registration

Registration Renewal

Mississippi Supervising General Agent Entity License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Supervising General Agent Entity License - Resident

Initial Registration

Registration Renewal

Mississippi Third Party Administrator License - Non-Resident

Initial Registration

Registration Renewal

Mississippi Third Party Administrator License - Resident

Initial Registration

Registration Renewal

Mississippi Viatical Settlement Broker Entity License - Non-Resident

Initial Registration

Registration Renewal