Are you applying as a Broker or Underwriter?

Contact Details

Primary Address

Brokers

Is applicant licensed as a reinsurance broker by the State of NY?

Does the applicant substantially meet the qualifications thereof?

Is applicant owned or controlled by a sister company of a reinsurance or insurance company?

If owned or controlled by an insurance company, is at least 75% of applicant’s business non-affiliated business?

If owned or controlled by a sister company of a reinsurance company, does the parent or sister company write reinsurance business direct through salaried account executives?

Is applicant majority owned or controlled by a foreign government?

What is the net worth of applicant as of the previous Dec 31st?

For the past calendar year, did brokerage income for US treaty business account for more than 50% of the total brokerage income?

BRMA's By-Laws require that the applicant designate the CEO or Senior Executive as representative director and alternate. Please list names and titles of representative and alternate who will attend Board meetings..

Underwriters

State of Domicile or of US Branch

Date Established

Is applicant 80% owned by its policy issuing carrier?

As respects business other than Crop Hail and surety, does applicant write at least 90% of its non-parent controlled US treaty business through reinsurance brokers?

Is applicant owned or controlled by a foreign government?

What is applicant's current AM Best rating?

BRMA’s By-Laws require that the applicant designate the CEO &/or President &/or EVP or such similar level Executive of the company as representative on the Board. Please list the names and titles of representative and alternate who will attend Board meetings.

Please attach applicant's most recent Convention Annual Statement, or last four quarterly statements, if applicable.

Please upload applicant's most recent Report to Shareholders if one is issued.

Summary

Terms and Conditions

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