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Appointment

An appointment is an insurer’s formal authorization for a producer to act as its agent, filed with the state DOI. It is separate from, and additional to, the producer license. STABLE

The distinction is critical and frequently tested:

  • License = the state says “you are qualified to transact insurance.”
  • Appointment = a carrier says “you specifically may represent us and sell our products.”

You can be licensed but not appointed (you simply can’t write that carrier’s business yet). You generally cannot be appointed without being licensed in the relevant line. STABLE

  1. A producer holds the appropriate license (line of authority).
  2. A carrier agrees to do business with the producer and files an appointment with the state (often via NIPR).
  3. The producer may now solicit and write that carrier’s products.
  4. If the relationship ends, the carrier files a termination of the appointment. STABLE

For an ordinary producer, the appointment just authorizes sales. For an MGA, the carrier relationship goes much further: the carrier delegates underwriting (binding) authority — and sometimes claims authority — to the MGA via a written MGA / program agreement plus an appointment. STABLE

So the appointment is where “I can sell your policies” becomes “I can bind risk and underwrite on your behalf within agreed guidelines.” That delegation is the heart of the Glacis MGA play. See:

No binding can happen until (a) the producer/entity is licensed in the relevant lines and (b) the carrier has appointed the producer and granted authority. STABLE

pre-licensing exam background check application >> APPOINTMENT (for an MGA, the appointment carries delegated authority)

06 Resident vs non-resident & reciprocity