ADDRESS CHANGE NOW EASIER FOR INSURANCE PRODUCERS
KANSAS CITY, Mo. (Dec. 6, 2008) - The National Insurance Producer Registry (NIPR) announced today the milestone expansion of the Address Change Request (ACR) feature into all 50 states and the District of Columbia. This is the first nationwide product implementation since the Producer Database (PDB) was completed in 2002.
Producers and authorized users can use www.NIPR.com to submit an address change with no transaction fee. NIPR has processed more than 795,000 ACR transactions since the feature was introduced in July 2007.
"We are proud of the speed with which the ACR has been embraced by our users," said NIPR President and Alaska Insurance Director Linda Hall. "This enhancement has saved - and will continue to save - time, money and resources for the industry and state licensing divisions. Combined with NIPR's other offerings, it is streamlining the producer-licensing process in support of our regulatory uniformity initiatives."
In 2009, NIPR expects to reach another milestone, when the final states begin providing electronic access to non-resident licensing applications through the NIPR gateway. This will allow producers to more easily apply for licenses in all 50 states and the District of Columbia. This option should be available to producers across the country by mid-2009.
For more information, visit www.NIPR.com.
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. NIPR is governed by a board of directors that includes seven members representing the NAIC and six industry members representing a cross-section of the insurance industry. For more information, visit www.nipr.com.