An admitted insurer is licensed to do business in the state or country in which the insured...
Surplus lines insurance refers to coverage lines that need not be filed with state insurance departments as a condition of being able to offer coverage.
The types of risks typically insured in the surplus lines insurance markets can usually be categorized as risks with adverse loss experience, unusual risks, and those for which there is a shortage of capacity within the standard market.
nonadmitted policy
An admitted insurer is licensed to do business in the state or country in which the insured...
An excess lines broker is licensed to place insurance not available in the domestic state through...
A nonadmitted insurer is an insurance company not licensed to do business in a certain state or...
Surplus lines insurance refers to coverage lines that need not be filed with state insurance...
A wholesale broker is a type of insurance broker who acts as an intermediary between a retail...