Insurance Licensing Update: Vermont - Supportive Insurance Services

The Vermont Department of Financial Regulation (DFR) announces licensing changes effective September 1, 2012.

All Non Resident Producer, Business Entity and Surplus Lines Broker license applications must be submitted electronically to the Department. This requirement includes the submission of supporting background documentation during the electronic application submission.
ALL Non Resident licensees must report administrative, criminal and applicable civil actions electronically. New applications or Renewal applications submitted through SIRCON or NIPR who have an affirmative answer to a background question will be prompted to attach their backup documentation during the application process. ROA’s done outside the application or renewal process, must be reported using NIPR’s Attachments Warehouse at http://www.nipr.com
The Department will no longer be sending out an initial paper license or renewal license to Non Resident licensees. NOTE: The Department does NOT require a licensee to possess a paper copy of their license.

The insurance licensing information provided on this blog is not legal advice and the reader is advised to consult an attorney regarding application of this information in any particular situation.

This information is brought to you by Supportive Insurance Services… Licensing Experts Saving You Time and Money!

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“We have been using Supportive Insurance Services for over 4 years now and are very pleased with the entire team’s professionalism. With hundreds of agency and individual licenses to manage they are an invaluable business partner to us.”

Jonathan Hageman, Dubraski & Associates Insurance Services

“I could not be happier with the decision we made so long ago. Everyone at SIS is so easy to do business with and they all possess that friendly, down to earth Indiana charm.”

Terri Young, VTC Insurance Group

“Every member of the SIS staff has 100% of the time been polite, happy to talk or email, and has gotten back to us very quickly if ever a VM or email. We could not be happier with our customer service we receive from Supportive Insurance Services. Top of the line, and well worth every penny!

David R. Smith , Sanger & Altgelt LLC

“It’s a pleasure doing business with Supportive Insurance Services, reliable, efficient and friendly. For over 10 years they have taken care of our license needs, transitions and/or additions, as quickly and easily as possible. Their work ethics and constant positive attitudes are second to none.”

Lynn Cutforth, LIPCA Insurance

“Our company has worked with Supportive Insurance Services for several years and greatly value the support and services they provide us. Starting with our Team Leader Cindy Hawkins, they are extremely responsive, pro-active, professional and friendly. We are very happy with their overall service and support.”

John Losurdo - Officer, RHSB

“Deciding to oursource our licensing compliance to SIS was one of our best decisions we have made for our insurance agency. You have saved me and our growing team so much time and have improved our compliance. I would unconditionally recommend SIS to any growing insurance agency.”

Phil Nisbet, World Insurance Associates LLC