Under Subtitle 8-202 of the Insurance Article, Annotated Code of Maryland, a person must obtain a certificate of qualification before the person acts as a managing general agent (MGA) in Maryland. An applicant for a certificte of qualification must be licensed as an insurance producer under Title 10, Subtitle 1 of the Insurance Article, Annotated Code of Maryland. An appointment from each insurer that the agent/MGA will represent must be obtained to be qualified to act as an agent/MGA. After the Agent Certificate and an appointment from each insurer to be represented are obtained, a person can apply for a Certificate of Qualification as an MGA under Title 8, Subtitle 2 and Subtitle 2-112 of the Insurance Article, Annotated Code of Maryland.
A contract must be in-force between the insurer and the MGA. Contracts must include each required contract provision set forth in Subtitle 8-208 of the Insurance Article, Annotated Code of Maryland and each prohibited act set forth in Subtitle 8-209 of the Insurance Article, Annotated Code of Maryland.
To apply for an initial Certificate of Qualification, an MGA must complete and submit:
Application estimated verification time: two to five business days.
Application estimated application determination time: 14 to 30 days.
Estimated length of time to complete application: varies based on size and complexity.
The completed application, supporting documents and certificate fee of $30 should be sent to:
Maryland Insurance Administration
Company Licensing
200 St. Paul Place, Suite 2700
Baltimore, MD 21202
The Maryland Certificate of Qualification expires annually on June 30. An MGA wishing to renew its Certificate of Qualification can now apply online between April 1 and June 30 in accordance with §§8-205 and 2-112 of the Insurance Article, Annotated Code of Maryland.
The renewal process can be completed without attaching any other paperwork. You will be required to pay the renewal fee totaling $30 using a Visa, Mastercard, or eCheck. There is no extra charge for renewing online. If you renew by credit card, the charge on your statement will be shown as "Maryland Insurance Administration".
How to Renew Your Certificate of Authority Online
Login for Onine Company Licensing Renewal
You will enter your MIA User ID and password that were previously provided to you. Each company is associated with a unique UserID/Password combination, The system will not allow you to renew more than one company using the same UserID/Password combination.
If you fail to complete all required fields, you will not be able to continue with your online renewal, and you will get an error message.
- Before submitting your credit card or eCheck information, be sure you review the information to ensure that it is correct.
- Please be sure to print the confirmation screen for your records. This will be your proof of renewal.
If you are unable to renew online, please submit the following:
-
Renewal Application - Annual renewal fee of $30 (non-refundable) made payable to the
Maryland Insurance Administration.
Renewal filings and fees must be received on or before June 30.
If you have any questions, contact:
Maryland Insurance Administration
Company Licensing Unit
Phone: 410-468-2104
Fax: 410-468-2112
Documents and Fees should be submitted to:
Maryland Insurance Administration
Company Licensing
200 St. Paul Place, Suite 2700
Baltimore, MD 21202
