• Non-Active Licensing

  Non-active firm registrations are required for any corporations that have been set up for at least one of the following reasons: to receive commission income for tax purposes is a partner in a corporate partnership is an underlying corporation in a cluster or management agreement arrangement Commissions Non-active firms are registered in order to receive commissions. The sponsoring brokerage that holds the insurer contracts receives the full commission and distributes the commissionFew readers

• Registering a Business

  Insurance Brokerage Licensing An active member firm registration is required for any business (sole proprietorship, partnership or corporation) that wishes to transact general insurance or be identified in any way to the public as an insurance brokerage. Registration must be completed prior to the business conducting any general insurance business in the name applied for. As a broker firms must be able to provide some choice of produce to a consumer and the Compulsory Automobile Insurance AFew readers