The Wisconsin Office of the Commissioner of Insurance (OCI) will process all company appointments electronically through the National Insurance Producer Registry (NIPR). The appointment renewal invoice will include all resident/nonresident appointment renewals.
All agents will appear on the renewal list unless the agent was terminated by 11:59 p.m. CST on December 31, 2018.
IMPORTANT DATES & CONSIDERATIONS:
Appointment billings become available and payments may be submitted starting on January 9, 2019.
The appointment invoice and a list of agents associated with the invoice will be available on the NIPR Web site at
www.nipr.com beginning at 9:00 a.m. CST, January 9, 2019, through 4:00 p.m. CDT, March 15, 2019.
Appointment terminations can only be processed for appointments that are shown as active on the Producer Data Base (PDB) at the time the termination transaction is sent to NIPR.
NIPR will turn off all appointment and termination transactions on December 31, 2018, at 11:59 p.m. CST. Appointment and termination processing will be turned back on January 11, 2019, at 9:00 a.m. CST. Any transactions submitted during this period will be declined until Gateway processing resumes on January 11, 2019.
The deadline to submit an agent termination is by 11:59 p.m. on December 31, 2018. No reconciliation will be allowed on or after January 1, 2019.
Companies who had previously qualified for OCI exemption from the electronic appointment process will need to set up an account directly with NIPR or one of their Authorized Business Partners (http://www.nipr.com/index_authorized_business_partners.htm) to submit their appointment transactions.
If the company fails to pay the renewal invoice by the March 15, 2019, deadline, all agent appointments will be terminated. In order to activate those appointments, the company will need to re-appoint and pay initial appointment fees again via
www.nipr.com.
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NIPR transaction processing fees are non-refundable.
By using NIPR's electronic appointment renewals, the NIPR invoice will be updated as paid, and the transactions to renew will be forwarded to OCI within 24 business hours.
NIPR will display the invoices as paid once payment is received.
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Appointee Must Hold this license class on PDB: |
License Class PDB/PIN Codes |
| Intermediary (Agent) Individual | 9294/9294 |
IMPORTANT RECONCILIATION INFORMATION
Companies with an NAIC Co Code wishing to reconcile their appointments with OCI may obtain a list of agents via the Company Appointment Report (CAR) prior to the appointment renewal invoices being created. Terminations can be made through the Interactive Appointment and Termination Application. Both of these applications are available to NIPR subscribers. If you are not a subscriber or need to verify that you are subscribed to these products, please contact NIPR at (816) 783-8467 or
marketing@nipr.com for subscription information. You may also utilize the services of an NIPR Authorized Business Partner (www.nipr.com/index_authorized_business_partners.htm).
IMPORTANT PAYMENT INFORMATION
Payments for OCI appointment renewals must be received by NIPR through the electronic options made available.
NO PAPER CHECKS:
Companies that submit a payment to NIPR via paper check will not have their renewal invoice processed and will have the payment returned to them.
Since receipt of a paper check is through a lock box account, NIPR may take several days to post the paper check and issue a return check to your company.
NIPR is not responsible if nonrenewal terminations are incurred during this period.
NIPR Transaction Fees
NIPR Renewal processing fee will equal 1% of the total state fee charged with a minimum of $5.00 and maximum of $1000.00.
Transaction fees must be paid in order to renew.
Example:
# of Appointments |
State Fee per Appointment Renewal |
Total State Appointment Renewal Fee |
100 | $10.00 | $1000.00 |
NIPR Transaction fee would be 1% of the State Appointment Renewal Fee of $1000.00 = $10.00
NIPR processing fees are not refundable.
Wisconsin Office of the Commissioner of Insurance Appointment Renewal Fees
The fee is based on whether the agent is a resident or non-resident of Wisconsin reported to the Producer Database (PDB). Wisconsin's fee is not based on the resident state of the company.
Renewal Start Date |
Renewal End Date |
Type |
Fees |
January 09, 2019 | March 15, 2019 | Resident | $16 |
January 09, 2019 | March 15, 2019 | Nonresident | $40 |
Payment Method and other Fees |
Credit Card | If you are paying by credit card (Visa, MasterCard, or American Express), the process will be entirely electronic. Please note there is a $60,000.00 limit on credit card payments. If your invoice exceeds $60,000.00, you must choose an alternative payment method. If you have questions regarding the other methods, please call NIPR Customer Service. An appropriate receipt will be displayed for you to print for your records. |
Electronic Check | A few banks or credit unions may not participate in electronic check services. If your bank needs a pre-authorization to use this electronic check service, you will need to provide your financial institution with this information: NIPR ACH-9431763793. There is a $25.00 returned check charge for any electronic check that does not clear the applicant's bank. Additionally, the state will be notified if any issue with payment is not promptly resolved, possibly resulting in nonrenewal of appointments or a reversal of renewals, until payment is made.
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PayPal Account | |
Process beginning January 11, 2019, when the electronic invoices are on the website:
Go to
www.nipr.com
Follow the links to company appointment renewals and sign in using your company identifiers: company Co Codes, FEIN, and/or company name
After entering the necessary identifying information, you can:
Print/pay the invoice
View the detail report of appointment renewals
Print the report
Download the report as text (delimited)
Download the report as XML
Help screens and NIPR Customer Support are available to guide you through the process
If you have any questions regarding this new appointment renewal process, contact NIPR Customer Service at
abpdirect@nipr.com.