In accordance with Title 8, Subtitle 5 of the Insurance Article, Annotated Code of Maryland, companies or individuals desiring to be licensed as Reinsurance Intermediaries are required to file with the Maryland Insurance Administration the following:
- Reinsurance Intermediary Application.
- An appointment of the Commissioner as agent for the acceptance of service of process.
- Application fee of $25 (non-refundable) made payable to the Maryland Insurance Administration.
Each license will expire on the first July after its effective date and in an odd-numbered year.
Once licensed, parties acting as reinsurance intermediaries are required to apply bi-annually to renew their license by submitting the following:
Filings and fees must be received on or before June 30 for bi-annual renewal.
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.
If you have any questions, contact:
Maryland Insurance Administration
Company Licensing Unit
Phone: 410-468-2104
Email: colicensing.mia@maryland.gov
Documents and fees should be submitted to:
Maryland Insurance Administration
Company Licensing
200 St. Paul Place, Suite 2700
Baltimore, MD 21202