List of Non Admitted Insurance Carriers and Their Types

Non-admitted insurance carriers are a type of insurance company that operates outside of state insurance regulations. They are often referred to as "surplus lines" carriers.

These carriers offer coverage for high-risk or unusual risks that traditional admitted insurance carriers won't touch. They can be a lifeline for businesses or individuals with unique needs.

Non-admitted carriers are typically smaller and more specialized than admitted carriers. They often have a narrower focus, such as offering coverage for specific industries or geographic areas.

Some examples of non-admitted insurance carriers include Lloyd's of London and certain Lloyd's syndicates.

See what others are reading: What Is a Non Admitted Insurance Carrier

To become a surplus lines insurer in North Carolina, you'll need to submit a cover letter with your name, contact information, and a list of the documents filed.

A properly executed annual statement with a minimum of $15 million in capital and surplus is required, along with a copy of your current Certificate of Authority from your state of domicile.

A plan of operations must include a nonrefundable application fee, an executed Uniform Consent to Service of Process, and any other information reasonably required by the Department.

If you're looking for a list of eligible non-admitted insurers in Colorado, you can find it on the Colorado Department of Insurance website, updated as of 2024-2025.

In Indiana, surplus lines insurance is offered by companies authorized to do business through surplus lines producers licensed in the state.

You can find a listing of U.S. Domiciled Surplus Lines companies by utilizing the Consumer Inquiry lookup at https://www.sircon.com/ComplianceExpress/Inquiry/consumerInquiry.do?nonSscrb=Y (State=Indiana, Entity Type=Company, Company Type=Surplus Lines).

To become a non-admitted insurance carrier, you'll need to file an application with the relevant state's insurance department. This process typically involves submitting a cover letter, annual and quarterly statements, and a Certificate of Authority from your domicile state.

A non-admitted insurer seeking to operate in North Carolina must submit a properly executed annual statement showing a minimum of $15 million in capital and surplus. This statement should be certified by the insurance department of your state of domicile.

To register as a surplus lines insurer in North Carolina, you'll need to submit a nonrefundable application fee, an executed Uniform Consent to Service of Process, and any other information reasonably required by the Department. Once your application is accepted, you'll receive a formal registration letter.

Here are some key documents you may need to submit as a non-admitted insurer:

The NAIC IID Quarterly Listing of Alien Insurers is an important resource for those seeking information on non-admitted insurance carriers.

To access the NAIC IID Quarterly Listing, you can direct your questions to the specified contact.

If you're a surplus lines insurer looking to be listed on the Department's Listing of Eligible Surplus Lines Insurers, you'll need to submit a cover letter with your contact information and a listing of the documents filed.

A properly executed annual statement showing a minimum of $15 million in capital and surplus is also required, along with a copy of your current Certificate of Authority from the insurance department of your domicile state.

The application process also requires a plan of operations, a nonrefundable application fee, and an executed Uniform Consent to Service of Process.

Here are the required documents for surplus lines insurer registration:

Risk Retention Groups are companies formed under Indiana law that allow members, engaged in similar or related businesses, to write liability insurance for the exposures of the group.

These groups can operate in all states if registered in those states, which means Indiana has limited control over RRGs chartered outside of the state.

RRGs are not covered by Indiana's guarantee associations, which means their liabilities are not protected in the same way as other insurance carriers.

You can find a listing of RRGs by using the Consumer Inquiry lookup at https://www.sircon.com/ComplianceExpress/Inquiry/consumerInquiry.do?nonSscrb=Y (State=Indiana, Entity Type=Company, Company Type=Registered Risk Retention Group).

To navigate the listing, which may span multiple pages, you can click next or use the Go To Page option to scroll through the listing.

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