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Resident & Nonresident Business Entities

Resident Business Entity Requirements

How to Apply for a License

Business entities must submit an electronic application and pay the application fee through Sircon.

Designated Individuals:

Resident and nonresident individuals who are not currently licensed in Nevada must apply for a producer license electronically through Sircon’s Compliance Express or through the National Insurance Producer Registry. The licensing fee is $235 plus online processing fees. ($185 plus $50 for the agency affiliation). Refer to Exam and Licensing Procedures for specific licensing instructions.

You may create and later maintain one or more individual associations online utilizing the Division’s Licensing Portal - Sircon. Provided the entity and the DRP are both currently licensed in Nevada, the association fee is $50 plus online processing fees.

Appointment Requirements:

A producer contracted with an insurer must be appointed within 15 days after the contract is executed or within 15 days of the license being issued by the Division. The date of issuance will be available on the NAIC Producer Database. The appointment must include the lines of authority under which the license is issued. The Division will accept electronic or paper appointments. The appointment fee is $15 and renews annually on July 1.

 

Nonresident Business Entity Requirements

Uniform Application for Business Entity:

Nonresident business entities must apply electronically utilizing Sircon’s Compliance Express Portal or through the National Insurance Producer Registry (NIPR). Electronic transaction fees may apply.

Fees

The licensing fee is $185, plus online processing fees. The modification fee is $50 (to designate the first individual to the entity license). Fees are payable through the online application process.  Licensing fees paid are nonrefundable. 

License Verification:

The applicant must be actively licensed in their Home State for the same lines of authority and/or license type applied for in Nevada. The Nevada Division of Insurance will verify the information through the National State Producer Licensing Database. The cancellation of a home state license will result in the cancellation of a nonresident license issued in this state.

Designated Individuals:

Upon the issuance of the business entity license, any individual selling, soliciting, or negotiating insurance risk on behalf of the entity in this state must be designated to the business entity’s license. Those persons are not required to be officers, directors or partners within the business entity.
If the individual is currently licensed in Nevada, the business entity may submit the individual’s association via Sircon.

Appointment Requirements:

A producer contracted with an insurer must be appointed within 15 days after the contract is executed or within 15 days of the license being issued by the Division. The date of issuance will be available on the NAIC Producer Database. The appointment must include the lines of authority under which the license is issued. The Division will accept electronic or paper appointments. The appointment fee is $15 and renews annually on July 1.

Questions:

Contact the Division’s Producer Licensing Section in Carson City at (775) 687-0700, option 2, in Las Vegas at (702) 486-4595 or anywhere in Nevada toll free at (800) 992-0900.