Reinsurance Intermediary-Broker: means any person, other than an officer or employee of the ceding insurer, firm, association, or corporation that solicits, negotiates, or places reinsurance cessions or retrocessions on behalf of a ceding insurer without the authority or power to bind reinsurance on behalf of that insurer.
Reinsurance Intermediary-Manager: means any person, firm, association, or corporation that has authority to bind, or manages all or part of the assumed reinsurance business of, a reinsurer (including the management of a separate division, department, or underwriting office) and acts as an agent for the reinsurer whether known as a reinsurance intermediary-manager, manager, or other similar term.
Reinsurance Intermediary licenses expire annually on December 31st.
Individual Reinsurance Intermediary Applications:
Business Entity Reinsurance Intermediary Applications:
- Please note that the department has not promulgated a rule to accept licenses issued by another state. If your company is doing business in Ohio it is required to have an Ohio license.
- ORC: 3905.81
- OAC: 3901-3-09