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N H Insurance Department Issues Bulletin on Appointment of Insurance Producers
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N H Department of Insurance Issues Bulletin Regarding Appointment of Insurance Producers
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AgentSync Recognized on the Insurtech Insights Future50 Americas List of Insurtechs Reimagining the Future of Insurance
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What You Need to Know
The NAIC created NIPR in 1996.
It now holds about 7.7 million agent and broker records.
It produced 38 million credentialing and report transactions in 2019.
The National Insurance Producer Registry (NIPR) wants to do more to help insurance agencies and insurance brokerage firms.
The agent and broker license recordkeeping company says it’s adding a contact information update service aimed agencies, brokers and other “business entities.”
If an agency or insurance brokerage firm moves or makes other contact information changes, it can send the new contract information to state regulators.
The service can eliminate the need for an agency or broker to send contact information updates to multiple states, according to Karen Stakem-Hornig, NIPR’s CEO.
$245M Insurtech Funding Wrap-Up: Corvus, AgentSync, Cowbell Cyber, WeLab, Hi Marley March 12, 2021
Some serious money has been sent the way of various insurance startups over the past week. Investors backed cutting-edge commercial lines and cyber insurance products as well as advances in texting communications, producer management and licensing compliance, and digital risk management for financial institutions.
Here’s a wrap-up of some recent major funding commitments as reported by Carrier Management.
Major Haul
Corvus Insurance is prepping a major expansion and surge in its commercial lines and cyber product development now that it has secured $100 million in new venture capital financing.