Delaware Name Change for an Approved Surplus Lines Insurer or Accredited Reinsurer is a type of corporate action that allows an insurer or reinsurer to change its name but not its legal structure. This type of name change requires approval by the Delaware Department of Insurance and is typically done to reflect a change in ownership, operations, branding, or strategic direction. There are two types of Delaware Name Change for an Approved Surplus Lines Insurer or Accredited Reinsurer: a Simple Name Change and a Merger Name Change. A Simple Name Change is relatively straightforward and involves submitting the necessary paperwork to the Delaware Department of Insurance. A Merger Name Change is more complex and involves the merging of two or more companies, with the surviving company taking the new name. Both types of name change require a formal filing with the Delaware Division of Corporations.
Delaware Name Change for an Approved Surplus Lines Insurer or Accredited Reinsurer
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How to fill out Delaware Name Change For An Approved Surplus Lines Insurer Or Accredited Reinsurer?
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The application fee is $100, and you must apply online via the NIPR. The NIPR also will charge Delaware applicants a $5.60 transaction fee for a total of $105. The DDOI will issue a life insurance license to individuals who are at least 18 years old and have passed the proper licensing exam.
Applicants may apply online through the NIPR (National Insurance Producer Registry). The NIPR Gateway is a communication network that electronically links state insurance departments with the entities they regulate. The website address to submit an application is: .nipr.com.
The application fee is $100, and you must apply online via the NIPR. The NIPR also will charge Delaware applicants a $5.60 transaction fee for a total of $105. The DDOI will issue a life insurance license to individuals who are at least 18 years old and have passed the proper licensing exam.
Steps to Get a Delaware Property and Casualty Insurance License Step 1: Complete a Delaware Pre-License Education Course.Step 2: Take the Delaware Licensing Exam.Step 3: Get a Fingerprint-Based Background Check.Step 4: Complete a Delaware License Application.Step 5: Watch for Your Application Results.
How to Get Your Delaware Insurance License Complete an Insurance Exam Prep Course. Delaware does not require prelicensing education.Pass Your Delaware Licensing Exam.Apply for a Delaware Insurance License.Plan to Complete Required Insurance Continuing Education (CE) Credits.
How to Get Your Delaware Insurance License Complete an Insurance Exam Prep Course. Delaware does not require prelicensing education.Pass Your Delaware Licensing Exam.Apply for a Delaware Insurance License.Plan to Complete Required Insurance Continuing Education (CE) Credits.
In Delaware, insurance licenses expire every two years. The expiration will be on the last day of February of each even-numbered year, either February 28th or February 29th during a leap year. The renewal period begins on December 1st of each odd-numbered year.