NY | The Excess Line Association of New York (ELANY) today issued Bulletin 2019-22. This bulletin lists the documents that excess line brokers are required to obtain, review and retain before placing business with an excess line insurer. However, if ELANY already maintains this information, brokers do not have to obtain their own copies.
Click here for the full list of documents required as well as a review of the standards for financial soundness for excess line insurers.
To aid brokers, ELANY maintains a List of Eligible E&S Insurers. The list is available on the ELANY website.