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Office of the Commissioner Delaware Department of InsuranceREINSURANCE INTERMEDIARY ANNUAL RENEWAL FORM Annual renewals are due by March 1st. The Department will not accept renewals more than 60 days
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To fill out reinsurance intermediary annual renewal, follow these steps:
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Obtain the reinsurance intermediary renewal form from the appropriate regulatory authority.
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Read and understand the instructions provided with the form.
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Provide all the requested information accurately and completely.
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Attach any required supporting documents, such as financial statements or proof of professional qualifications.
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Review the completed form and double-check for any errors or missing information.
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Sign the form and date it.
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Submit the renewal form and any accompanying documents to the regulatory authority by the specified deadline.

Who needs reinsurance intermediary annual renewal?

01
Reinsurance intermediaries, who act as intermediaries between insurance companies and reinsurers, need to complete the reinsurance intermediary annual renewal. This includes individuals or companies that are involved in brokering, soliciting, negotiating, or placing reinsurance contracts on behalf of their clients.
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Reinsurance intermediary annual renewal is the process by which reinsurance intermediaries submit necessary documentation and information to regulatory authorities to confirm their compliance and operational status for the upcoming year.
Reinsurance intermediaries who operate in the insurance market and facilitate reinsurance transactions are required to file the reinsurance intermediary annual renewal.
To fill out the reinsurance intermediary annual renewal, one must gather necessary financial and operational information, complete the required forms according to regulatory guidelines, and ensure all data is accurate before submission.
The purpose of reinsurance intermediary annual renewal is to ensure that intermediaries meet regulatory requirements, maintain their licenses, and provide transparency regarding their operations and financial stability.
Information that must be reported includes the intermediary's financial statements, transaction records, compliance with laws, and any relevant changes in operations or ownership.
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