Surplus Lines Broker
SURPLUS LINES BROKER NEWS
IMPORTANT! Beginning January 1, 2020, all surplus lines broker tax reports and payments must be filed electronically. You must:
- Use the Surplus Line of Arizona system to produce the tax report and
- Use the OPTins system (www.optins.org) administered by the National Association of Insurance Commissioners (NAIC) to file the report and pay the tax.
To use the NAIC OPTins system, you must complete a registration process. Do now wait until your tax filing and payment are due. Complete the registration process immediately.
SURPLUS LINES BROKER MENU
WHAT IS A SURPLUS LINES BROKER
A surplus lines broker is a person who, after determining that insurance coverage is not readily available from an Arizona-authorized insurer, procures insurance on behalf of an insured from a qualified unauthorized insurer.
WHO MUST BE LICENSED?
A person (individual or business entity), other than an industrial insured as defined in ARS § 20-401.07(C), who procures from an insurer that does not hold a Certificate of Authority in Arizona insurance for another person (individual or business entity) whose "home state" [ARS § 20-401(6)] is Arizona.
If you will only be selling, soliciting or negotiating alien insurance for coverage in Mexico (pursuant to ARS § 20-422), you may apply for a Mexican Insurance Surplus Lines Broker license instead of a Surplus Lines Broker license.