NU Online News Service, Dec. 2, 2003, 6:13 p.m. EST – The National Association of Independent Life Brokerage Agencies, Fairfax, Va., has worked with the National Insurance Producer Registry, Kansas City, Mo., to make non-resident producer license applications available through the NAILBA producer Web site.[@@]
The NAILBA site will redirect users who want the non-resident license applications to the NIPR Web site, where the non-resident application process begins.
The online process should speed up the licensing process, according to NAILBA officials.
“This provides the industry with a better way to do business,” says NAILBA Executive Director Joe Normandy.
The new process should result in “tremendous cost-effectiveness, especially if you factor in time,” Normandy adds.
NAILBA will help give producers access to license applications for life insurance, health insurance and variable contracts, as well as for property-casualty insurance and personal lines. Currently, the NIPR site has applications for only 21 states, but the NIPR is in the process of expanding the number of states available.
To apply for a non-resident license, producers must hold an active resident license in at least one state.
Normandy acknowledges that agents in the field will not think about going directly to the NAILBA Web site for the non-resident application service. That is why the group is encouraging its 318 member agencies to link directly to the NAILBA non-resident application service site from their own Web sites.
“Our goal is to work together with our member agencies to make current and prospective agents aware of this valuable licensing tool,” says Jack Dewald, who is the 2003 NAILBA chairman and president of Agency Services Inc., Memphis, Tenn.
NAILBA member agencies have the ability to reach a large number of independent agents in the field on a regular basis, Normandy says.