Perr&Knight employs a team of highly skilled licensing professionals with many years of licensing and appointment experience in the insurance industry. Our licensing professionals are familiar with each state’s requirements for all types of licenses and are adept at handling virtually all licensing-related tasks. In addition, our licensing unit has built strong, effective working relationships with the various departments of insurance (“DOIs”) and industry organizations.
Our licensing unit provides a complete, organized solution for the licensing requirements of all types of insurance entities, including insurance companies, insurance agencies, independent agents/brokers, third party administrators and risk purchasing groups. Perr&Knight is dedicated to providing the highest level of service and quality to our licensing clients on all of their licensing projects, regardless of size or difficultly level.
Perr&Knight’s licensing & appointment services include:
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PRODUCER LICENSING
Our licensing professionals assist individual agents/brokers and entities (i.e. agencies) with obtaining their licenses for all types of insurance, in all U.S. jurisdictions. Our services include resident and non-resident licenses, both new and renewal. Perr&Knight also assists agencies with obtaining their certificates of authority.
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PRODUCER APPOINTMENTS, TERMINATIONS & RENEWALS
Perr&Knight assists insurance companies with individual agent/broker, agency and MGA appointments, appointment terminations and renewals.
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COMPANY LICENSING
We works with both admitted and non-admitted companies to obtain their certificates of authority, change names, re-domesticate, restructure, as well as add and delete lines of business. Our services extend to captive/Risk Retention Group formations, surplus lines eligibility and New York Free Trade Zone authority.
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RISK RETENTION GROUP & RISK PURCHASING GROUP REGISTRATION
Perr&Knight assists RRGs and RPGs with the registration process in all U.S. jurisdictions.
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ADJUSTER LICENSING
Our licensing professionals work with both insurance companies and claims adjusters to ensure their adjuster licensing requirements are met. For insurance companies, we identify personnel and service providers who must be licensed as claims adjusters and maintain up-to-date documentation of licenses. In addition, we can obtain and renew appropriate licenses for our claims adjuster clients.
In addition to the proficiency and experience of our licensing unit, our clients also benefit from the following qualities unique to Perr&Knight:
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PROMPT APPROVALS
Our licensing unit is dedicated to obtaining the quickest possible approvals of all licensing applications. Perr&Knight submits license applications electronically, where permitted, in order to take advantage of any priority processing at the DOIs. In addition, we follow up regularly with the DOIs to check on the status of pending applications and confirm that all required materials have been received and are being reviewed. Our follow-ups continue until the application is approved and the license is issued.
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LICENSEREPORTER.COM
Perr&Knight developed LicenseReporter.com to track all of its licensing projects. It is a secure web application through which clients can access their license applications online in real time in order to monitor approval progress and access filed materials. On LicenseReporter.com, our clients can navigate through all of their current and past licensing applications and download all documents submitted with the applications in PDF.
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WE PAY APPLICATION FEES UP FRONT
In many states, fees must be remitted with application submissions. For some insurance companies, check requisition processes can delay submissions for days or even weeks. Perr&Knight pays application fees on our clients’ behalf and then seeks reimbursement after applications have been submitted. Perr&Knight’s management fulfills licensing check requests in less than 24 hours of receipt, eliminating any delays in the submission process.