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Per Chapter 51, a Reinsurance Intermediary Broker means a person who solicits, negotiates or places reinsurance sessions or retrocessions on behalf of a ceding insurance without the authority or power to bind reinsurance on behalf of such insurer. A Reinsurance Intermediary Manager means a person who has authority to bind or manage all or part of the assumed reinsurance business of a reinsurer…and acts as an agent for such reinsurer whether know or as a RM manager or other similar term. See Definition for specific language, exemptions, etc.

Please send the Reinsurance Intermediary application packet to:

Producer Licensing

OR

Attn: Producer Licensing
Idaho Department of Insurance
700 W State Street,3rd Floor
PO Box 83720
Boise ID 83720-0043

OR

208-334-4339

You may consult our website for Statutes that address the Reinsurance Intermediary Act under Chapter 51 , Idaho Code, found under Laws/Rules/Bulletins. Non-residents, if your laws are similar to Idaho law and you are licensed as a Reinsurance Intermediary in your domicile state or jurisdiction, you may be exempt from licensure in Idaho. States/jurisdictions listed below have code regarding reinsurance intermediaries similar to Idaho:

Alaska MaineOklahoma
Arizona Massachusetts Oregon
California MinnesotaPennsylvania
Colorado Missouri Rhode Island
Connecticut MontanaSouth Carolina
Delaware NebraskaSouth Dakota
District of Columbia New HampshireTexas
Florida New JerseyUtah
Georgia New YorkVirginia
Illinois North CarolinaWashington
Iowa North DakotaWest Virginia
Kansas Ohio Wyoming
Louisiana  

If you would like to submit an application for exemption from licensure in Idaho as a Reinsurance Intermediary, please click here: Reinsurance Intermediary Exemption form.

List of exempted Reinsurance Intermediaries for Idaho.