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Licensing requirements for New York insurance professionals and companies.
This page provides an overview of insurance licensing in New York 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 New York 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.
New York Excess Lines License - Non-Resident (Agency)
Agency:
New York State Department of Financial Services
Ownership Requirements:
Any DRLP supplied on the application must be listed as an officer, owner, director, partner, member, or manager. Employees should not be listed.
Qualifying Individual Requirements:
DRLP must be actively licensed in New York (resident or non-resident) for the same license class and must cumulatively cover the line(s) of authority being applied for by the business entity.
Each DRLP supplied on the application must also be listed on the owner, partner, officer, or director (OPOD) section of the application.
Any DRLP supplied on the application must be listed as an officer, owner, director, partner, member, or manager. Employees should not be listed.
Qualifying Individual Requirements:
DRLP must be actively licensed in New York (resident or non-resident) for the same license class and must cumulatively cover the line(s) of authority being applied for by the business entity.
$50 if the license is issued for a period of one year or less
How to Apply:
Submit a request for name approval to Name.Approvals@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
Ensure all application materials are clipped or stapled together. DFS may reject application materials as "submitted separately" if pages are not fastened.
How to Apply:
Submit a request for name approval to Name.Approvals@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
Ensure all application materials are clipped or stapled together. DFS may reject application materials as "submitted separately" if pages are not fastened.
Bond Amount:
$1,000
New York Insurance Agency License
Agency:
New York State Department of Financial Services
Initial Registration
This section applies to insurance firms that are applying for a license in New York for the first time.
New York Life and/or Accident/Health Agent License
Agency:
New York State Department of Financial Services
Ownership Requirements:
Each DRLP supplied on the application must also be listed on the owner, partner, officer, or director (OPOD) section of the application.
Any DRLP supplied on the application must be listed as an officer, owner, director, partner, member, or manager. Employees should not be listed.
Qualifying Individual Requirements:
DRLP must be actively licensed in New York (resident or non-resident) for the same license class and must cumulatively cover the line(s) of authority being applied for by the business entity.
$80 per DRLP. Fees are prorated by 50% for licenses issued for a period of one year or less.
How to Apply:
Submit a request for name approval to licensing@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address, and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entities using a trade name must register the name and submit a filing receipt with the license application.
Each DRLP supplied on the application must also be listed on the owner, partner, officer, or director (OPOD) section of the application.
Any DRLP supplied on the application must be listed as an officer, owner, director, partner, member, or manager. Employees should not be listed.
Qualifying Individual Requirements:
DRLP must be actively licensed in New York (resident or non-resident) for the same license class and must cumulatively cover the line(s) of authority being applied for by the business entity.
$50 if the license is issued for a period of one year or less
How to Apply:
Submit a request for name approval to Name.Approvals@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
Submit a request for name approval to Name.Approvals@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
Submit a request for name approval to licensing@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
Each DRLP supplied on the application must also be listed on the owner, partner, officer, or director (OPOD) section of the application.
Any DRLP supplied on the application must be listed as an officer, owner, director, partner, member, or manager. Employees should not be listed.
Qualifying Individual Requirements:
DRLP must be actively licensed in New York (resident or non-resident) for the same license class and must cumulatively cover the line(s) of authority being applied for by the business entity.
Any DRLP listed on the application must be listed as an officer, owner, director, partner, member or manager.
Initial Registration
Filing Method:
Mail or online. Email licensing.applications@dfs.ny.gov to obtain a paper application and instructions.
Agency Fee:
$80 per sub-licensee if New York is your home state. If not, see the retaliatory fee details.
How to Apply:
Submit a request for name approval to licensing@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
$80 per sub-licensee if New York is your home state. If not, see the fee schedule retaliatory fee details.
Due:
By June 30 of odd-numbered years.
New York Property/Casualty Broker License
Agency:
New York State Department of Financial Services
Ownership Requirements:
Each DRLP supplied on the application must also be listed on the owner, partner, officer, or director (OPOD) section of the application.
Any DRLP supplied on the application must be listed as an officer, owner, director, partner, member, or manager. Employees should not be listed.
Qualifying Individual Requirements:
DRLP must be actively licensed in New York (resident or non-resident) for the same license class and must cumulatively cover the line(s) of authority being applied for by the business entity.
Submit a request for name approval to Name.Approvals@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
Mail or online. Email licensing.applications@dfs.ny.gov to obtain a paper application and instructions.
How to Apply:
Submit a request for name approval to Name.Approvals@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
$250 per year. Fees are prorated if license is issued in the second half of the licensing period.
Notes:
The names of all corporations, partnerships, limited liability companies and trade names must receive prior approval from the Department of Financial Services for use in New York. Name changes for entities must also receive prior approval. The name must first be submitted to the Department for consideration, and either approval or disapproval will be forwarded in writing, along with the appropriate application and instructions
a business formed in the State of New York [50(3-b)]
a business formed in the State of New York for the sole purpose of administering claims but are not a subsidiary of an insurance carrier licensed to write Workers' Compensation policies [50(3-d)]
or, an insurance carrier licensed by the New York State Department of Financial Services to write Workers' Compensation policies in New York State, or a subsidiary of one [50(3-d)]
Foreign Qualification is Prerequisite:
Yes
Insurance Requirements:
Provide proof of current insurance policies or exemption:
For Workers' Compensation policies, use Certificate of NYS Workers' Compensation Insurance Coverage (Form C-105.2).
For Disability Benefits policies, use Certificate of Insurance Coverage under the NYS Disability and Paid Family Leave Benefits Law (Form DB-120.1).
For Exemption, use Certificate of Attestation of Exemption (Form CE-200).
Corporate entities must designate an officer of the corporation as the person responsible for ensuring that the corporate entity complies with all the laws, regulations, policies, procedures, and directives relating to the administration of workers' compensation claims in New York State.
Submit a request for name approval to Name.Approvals@dfs.ny.gov. Include the applicant’s name, the entity name, a mailing address and the type of license for which you are applying. A response will be sent in 4-6 weeks.
Entites using a trade name must register the name and submit a filing receipt with the license application.
Set of UR policies and procedures, including UR plan, demonstrating Agent’s ability to carry out the relevant requirements of Insurance Law
Certificate of Incorporation in New York State or other documentation that the Agent has been approved by the Secretary of State to do business in New York State
Corporate organization chart demonstrating the position of the Agent, subsidiaries, and any parent organizations in the corporate structure (an internal organization chart is not required)
List of all insurers and/or municipal cooperative health benefit plans for which the Agent is performing utilization review in New York State and/or anticipated contract date
URAC Certificate (if applicable)
Template notice letters
External Appeal Standard Description and Application
Fees vary by retaliatory fee. See fee schedule here.
Due:
Biennially on the licensee's date of birth. If the licensee was born in an even-numbered year, their license must be renewed during even-numbered years. If the licensee was born in an odd-numbered year, their license must be renewed during odd-numbered years.
New York Excess Lines License - Resident (Individual)
Biennially on the licensee's date of birth. If the licensee was born in an even-numbered year, their license must be renewed during even-numbered years. If the licensee was born in an odd-numbered year, their license must be renewed during odd-numbered years.
New York Insurance Agent License
Agency:
New York State Department of Financial Services
Initial Registration
This section applies to insurance agents that are applying for a license in New York for the first time.
Fees vary by retaliatory fee. See fee schedule here.
Due:
Biennially on the licensee's date of birth. If the licensee was born in an even-numbered year, their license must be renewed during even-numbered years. If the licensee was born in an odd-numbered year, their license must be renewed during odd-numbered years.
Fees vary by retaliatory fee. See fee schedule here.
Due:
Biennially on the licensee's date of birth. If the licensee was born in an even-numbered year, their license must be renewed during even-numbered years. If the licensee was born in an odd-numbered year, their license must be renewed during odd-numbered years.
New York Property & Casualty Agent License - Non Resident
Agency:
New York State Department of Financial Services
Notes:
A property casualty agent or broker is licensed to sell, solicit or negotiate property and casualty insurance.
An individual can also be licensed as a personal lines agent who is authorized to sell, solicit or negotiate non-commercial insurance to individuals and families, rather than businesses and organizations.
A property casualty agent or personal lines agent represents New York authorized companies for which he/she has been appointed. A company appointment is not required to obtain an agent license. However, a notice of appointment must be electronically submitted to the Department within fifteen (15) days from the date the agency contract is executed, or the first insurance application is submitted.
A property casualty broker represents the insured and can place business with any New York authorized company that will accept it. Some companies will only accept business from appointed age
Costs vary by retaliatory fee. See fee schedule here.
Due:
Biennially by the license holder's birthdate. License holders born in odd-numbered years renew in odd-numbered years. License holders born in even-numbered years renew in even-numbered years.
New York Property & Casualty Agent License - Resident
Agency:
New York State Department of Financial Services
Notes:
A property casualty agent or broker is licensed to sell, solicit or negotiate property and casualty insurance.
An individual can also be licensed as a personal lines agent who is authorized to sell, solicit or negotiate non-commercial insurance to individuals and families, rather than businesses and organizations.
A property casualty agent or personal lines agent represents New York authorized companies for which he/she has been appointed. A company appointment is not required to obtain an agent license. However, a notice of appointment must be electronically submitted to the Department within fifteen (15) days from the date the agency contract is executed, or the first insurance application is submitted.
A property casualty broker represents the insured and can place business with any New York authorized company that will accept it. Some companies will only accept business from appointed agents.
Initial Registration
Exemption Eligible Organizations:
Exceptions from the prelicensing requirements:
A candidate for the either the agent or broker license who holds the Chartered Property Casualty Underwriter designation may waive the education requirement and may take the Property Casualty Laws and Regulations exam.
A candidate for the broker license may wave the education requirement if he/she were regularly employed by an insurance company, broker or agent for a period of not less than one year during the last three years in responsible insurance duties relating to the underwriting or adjusting of losses in any one or more of the following branches of insurance: fire, marine, liability and workers' compensation, fidelity and surety, property and casualty. A person serving with the Armed Forces may also qualify on the basis of such experience if the one-year period of employment was during the three years next preceding his/her entry into the Armed Forces, and he/she applies within one year after discharge. The candidate must submit a signed and completed Statement of Employer with the license application.
There is a $20 fee for any e-check or paper check returned by the bank for insufficient funds.
Before you Apply:
To qualify for a license, the licensing candidate must meet the following prelicensing requirements:
complete a Department approved prelicensing education course totaling not less than 90 hours of instruction for the property casualty line of authority or not less than 40 hours for the personal lines authority. Visit the Prelicensing Provider/Course List on the portal for provider contact information.
pass, within 2 years of applying for the license, the licensing exam administered by PSI Services. Visit the Exam Vendor Information page for registration and scheduling instructions.
Match the submission code numbers listed under the Resident or Non-Resident columns with the corresponding numbers on the Submission Requirements Chart to determine what must be submitted with the license application.
Licenses are issued for up to 2 years. Individual/tba licenses will be issued with an expiration date determined by the applicant’s date of birth:
If born in an even numbered year, the license will expire on the birthday in an even numbered year.
If born in an odd numbered year, the license will expire on the birthday in an odd numbered year.
Penalties:
There is a $20 fee for any e-check or paper check returned by the bank for insufficient funds.
New York Property & Casualty Broker License - Non Resident
Agency:
New York State Department of Financial Services
Notes:
A property casualty agent or broker is licensed to sell, solicit or negotiate property and casualty insurance.
Property insurance provides protection against property losses to a business, home or car and/or against legal liability to the insured resulting from injury or damage to the property of others.
Casualty insurance provides protection against liability as a result of bodily injury, property damage or other covered peril.
An individual can also be licensed as a personal lines agent who is authorized to sell, solicit or negotiate non-commercial insurance to individuals and families, rather than businesses and organizations.
A property casualty agent or personal lines agent represents New York authorized companies for which he/she has been appointed. A company appointment is not required to obtain an agent license. However, a notice of appointment must be electronically submitted to the Department within fifteen (15) days from the date the agency contract is executed, or the first insurance application is submitted.
A property casualty broker represents the insured and can place business with any New York authorized company that will accept it. Some companies will only accept business from appointed agents.
Qualifying Individual Requirements:
To qualify for a license, the licensing candidate must meet the following prelicensing requirements:
complete a Department approved prelicensing education course totaling not less than 90 hours of instruction for the property casualty line of authority or not less than 40 hours for tthe authority of the personal line Visit the Prelicensing Provider/Course List on the portal for provider contact information.
pass, within 2 years of applying for the license, the licensing exam administered by PSI Services. Visit the Exam Vendor Information page for registration and scheduling instructions.
Costs vary by retaliatory fee. See fee schedule here.
Notes:
Match the submission code numbers listed under the Resident or Non-Resident columns with the corresponding numbers on the Submission Requirements Chart to determine what must be submitted with the license application.
Filing fees depend on your individual situation. We do our best to calculate your filing fees
upfront and collect those fees today so we can get started. Your specialist will determine your
exact filing fees and invoice additional fees if required.
