Surplus Line Broker Requirements - (Individuals)

An individual, corporation, partnership or other business entity required to be licensed under the laws of this state to procure certain insurance coverages, called surplus lines, that cannot be procured from authorized insurers.

Qualifications necessary in order to become a surplus line broker include, but are not limited to:

Resident: Any person who is licensed as a resident producer for the property and casualty lines of authority, and who is deemed to have had sufficient experience in the insurance business may be licensed as a surplus line broker. Regulation 36 requires a high school diploma and 3 years of recent full-time experience in the property and casualty field.

Non-Resident: Any person who is licensed in their home state as a surplus line broker may be licensed in Alabama as a surplus line broker if the applicant's home state awards non-resident licenses to residents of this state on the same basis.


INITIAL LICENSING PROCESS



PROOF OF CITIZENSHIP REQUIREMENT



SUSPENSION OR REVOCATION



REQUIREMENTS



SURPLUS LINE BROKER RENEWAL PROCESS

TOTAL INITIAL LICENSE FEE - $230.00
TOTAL RENEWAL FEE - $200.00



ADDITIONAL LICENSING LINKS



CONTACT INFO