|
BULLETIN
2003-1 FROM:
Utah Insurance Department RE: Electronic
Submission and Processing of Initial Non-resident Producer The purpose of this bulletin is to
inform all persons and entities that electronic submission and
processing is the preferred method for handling initial non-resident
producer license applications, initial and terminated insurance company
producer appointments, insurer verification of producer licensing and
appointment, and providing lists of current and/or terminated
appointments. Sufficient
vendors now exist to enable the Department to declare electronic
submission and processing for these transactions to be the preferred
method. Paper submissions for these
transactions will be processed after all electronic submissions have been
processed. Every attempt will
be made to provide timely service for paper transactions; however, the
service will not be as fast as the service via electronic submission and
processing. The National Insurance Producer
Registry (NIPR) (www.nipr.com.)
has ten authorized business partners available to you to electronically
submit these transactions. NIPR
offers organizations the option of programming their own portal into NIPR
or of using the portals provided by its authorized business partners.
Innovative IT offers electronic submissions through its SIRCON subsidiary
(www.SIRCON.com).
Additional vendors providing similar electronic submission services
will be identified on the Department's web page as they become available.
This Bulletin does not endorse any particular vendor. Electronic Processing of
Initial Non-Resident Producer Licenses
· Individuals and
agencies may apply and pay for their initial non-resident license ·
The department will begin charging an additional fee for paper
submissions of initial non-resident producer licenses as early as May or
June 2003. The amount of the fee is as yet undetermined. Electronic Processing of
Initial and Terminated Insurance Company Producer Appointments
· NIPR and its
authorized business partners currently provide this service.
· The department will
begin charging an additional fee for paper submissions of initial
and Electronic Insurer Verification
of Producer Licensing and Appointment
· NIPR provides this
information through direct access to its Producer Data Base (PDB).
· Electronic
verification through NIPR will be faster and more efficient than Electronic Processing of Lists
of Current and/or Terminated Appointments
· NIPR and its
authorized business partners currently provide this service.
· The Department can
provide these lists, however, the service will be slower than
through All affected persons and entities
are encouraged to take advantage of the timesavings offered by use of this
new technology. Additional information regarding electronic processing
services is available on the Department's web page at
www.insurance.utah.gov.
Inquiries concerning this Bulletin should be directed to Tom Brasher,
Director, Producer Licensing Services Division, at tbrasher@utah.gov
or (801) 538-3645. DATED this
9th day of January 2003
|