Risk Retention



Risk Retention

An individual or firm acting or offering to act as an agent or broker for a risk retention group or risk purchasing group must be appropriately licensed to transact the business of insurance in Wyoming.


Insurance Producers

  • If conducting business in the admitted market, individuals and firms must obtain a producer license with a casualty line of authority. 
  • Refer to Resident or Nonresident Producer licensing pages for information on obtaining a license. 
  • Company appointments are required for producers in Wyoming. Refer to the Appointment page for information on appointments.
  • Risk Retention Group appointments are not required for Producers.

Surplus Lines Brokers

  • If procuring insurance through the non-admitted or surplus lines market, individuals and firms must obtain a Surplus Lines Broker license.
  • Refer to the Resident or Nonresident Surplus Lines Broker licensing pages for information on obtaining a license. 

Reference

 Regulations Chapter 15