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End-to-End Licensing Solution
ReSource Pro’s licensing solution proactively address your immediate and ongoing needs, and concierge service means that our experts – not your team – handle every compliance task throughout the license lifecycle including:
- Initial Licensing
- Affiliations & Appointments
- License Renewals
- Change Tracking & Notifications
- License Cancellations
In addition to a dedicated team of licensing and compliance professionals, our secure, online Compliance Gateway provides 24/7 access to license information and project statuses, easy onboarding of new agencies and individuals, and a quick method for requesting additional licensing projects.
All License Types, All Lines of Authority, All U.S. Jurisdictions
ReSource Pro Compliance understands the requirements and procedures to obtain and maintain licensing for individuals and business entities from all sectors of the insurance ecosystem, including:
Major Lines Producer
- Accident/Health & Sickness
- Personal Lines
- Variable Life & Annuities
Limited Lines Producer
- Car Rental
- State-Specific Lines
Surplus Lines Broker
- Surplus Lines
- Managing General Agent (MGA)
- Third Party Administrator (TPA)
- Risk Groups (RRG/RPG)
- Reinsurance Intermediary
Keeping track of all the different state requirements is a major issue for many producers. ILSA’s Licensing Specialists, however, know every state’s requirements and can recommend the best practices for meeting your regulatory obligations.
Benefit of Delegating Insurance Licensing and Compliance Tasks
Our optimized application strategy helps clients realize the best return on their investment by getting licensees “up and running” faster.
Reduces Delays and Rejection Rates
We identify and address potential triggers for legal review before we submit license applications or renewals. We also ensure that applications are accurate and complete and that required supporting documents are available for review.
Maintains Data Integrity and Security
We employ robust security measures to protect applicants’ data. Specifically, we provide secure sites for one-time upload of demographics and regulatory history and for viewing license information and project statuses.
Reduces Risk of Administrative Actions
By providing 24/7 access to license information, we enable clients to verify their eligibility before they transact insurance business, thus reducing their risk of being penalized for unlicensed activity.