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FOR IMMEDIATE RELEASE NEW ADDRESS CHANGE TOOL OVERWHELMING SUCCESS The speed and ease
with which producers can now process address changes has earned the recognition of
regulators and producers alike. "This
enhancement has saved — and will continue to save — time, money and resources for the insurance
industry and state licensing divisions," said New Hampshire Insurance
Commissioner Roger Sevigny, who serves on the NIPR
board of directors. "The phone calls are less, the faxes are less and
the stacks of paper change requests waiting to be tediously processed, are
less." "The ACR is
going to eliminate at least 50 percent to 60 percent of the resource drain created
by the paper submissions by improving the speed and accuracy of the
transition," said Dan Corridon, director of
licensing administration for GEICO Licensing. "The corresponding savings
to the industry will be many millions of dollars." "The ACR is an
important piece of the producer licensing puzzle and a pioneering development
in support of the National Association of Insurance Commissioners' uniformity
iniatives," said NIPR Executive Director
Maryellen Waggoner. "We are pleased by the overwhelming support and know
that the use of the ACR will continue to grow." Producers and
authorized users can view the complete list of participating states, and
submit individual producer address changes through the NIPR Web site, www.NIPR.com.
NIPR plans to have all 50 states and the
About NIPR Incorporated in October 1996, the National Insurance Producer Registry (NIPR) is a non-profit affiliate of the National Association of Insurance Commissioners (NAIC). NIPR developed and implemented the Producer Database (PDB) and Electronic Appointments/Terminations (formerly PIN). NIPR is governed by a board of directors structured to include seven members representing the NAIC and six industry members representing a cross section of the insurance industry. For more information, visit NIPR on the Web at: http://www.nipr.com.
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[ NIPR Home | NAIC Home | NIPR Contacts | NIPR Help Desk | Privacy Statement] 2006 National Insurance Producer Registry. All rights reserved. |
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