CA Insurance Commissioner Announces New Service to Streamline Insurance Agency Application Process

Insurance Commissioner Steve Poizner announced today an online service for organizations applying for an insurance agency license. This online filing service will streamline the license application procedure and expedite processing time by several weeks. The Business Entity Application Service is available on the California Department of Insurance (CDI) website at www.insurance.ca.gov.

"I am a firm believer in harnessing technology to make our government more flexible and responsive to the needs of the people," said Commissioner Poizner. "I know firsthand that technology can advance entire industries, and I will continue to implement practical methods to improve the accuracy and efficiency of our system."

The Business Entity Application Service is a two-step process. The first step allows new applicants to receive necessary business name approval and reservations. The second step involves the completion of an online Business Entity Application. There is no charge to use this online application service.

Applications are frequently submitted with incomplete information, causing substantial delays in the issuance of licenses. The Business Entity Application Service is designed to assist applicants in completing their information accurately before submitting for processing, to drastically cut wait times in the license issuing process.

Prospective applicants interested in this new service should visit the CDI website for additional information.

From: California Department of Insurance (www.insurance.ca.gov)