NAPSLO is introducing the first truly online learning experience offered by the Association, the NAPSLO Surplus Lines Compliance Course. This course, offered through NAPSLO and Success CE at http://napslo.successce.com is available in both CE credit and no CE credit versions.
"NAPSLO developed the online course to provide industry professionals the background to assist them in dealing with the complex surplus lines regulatory issues," said Randall Jones, NAPSLO's new Director of Education as of Nov. 15. "NAPSLO saw the need for the course because there was limited educational courses on surplus lines compliance and we believe this will greatly benefit the industry."
The course offers substantial benefits to organizations and professionals who operate within and navigate through complex excess and surplus lines regulatory issues. The course is targeted to professionals with less than two years of surplus lines compliance experience, and other professionals who deal less frequently with compliance issues.
Examples of learners who will benefit from this course include regulatory staff, brokers and their support teams, and others who place business in the non-admitted market.
The course includes four sections, and eight lessons, with learning objectives within each lesson. The course provides an overview of the E&S Industry and Surplus Lines Brokers and Insurers and teaches students the basics of Surplus Lines Broker Licensing and Record Keeping, Insurer Eligibility, Non-Admitted Compliance: Process and Procedures, Diligent Search, Tax Remittance, Policy Disclosure and Delivery, and Independent Procurement/Industrial Insured Exemption.
The course also covers the Nonadmitted and Reinsurance Reform Act (NRRA) and discusses NRRA/Exempt Commercial Policyholder (ECP) Laws.
The course contains an interactive glossary, links to excellent outside resources, sample state requirements, key general information for filings and reports, and lesson specific self-mastery tools, all packaged in an easy and fun to read format. Learners can also send specific course questions to email@example.com.
Students taking the course also may take exams for CE Credits and the course has been approved for 3 hours credit in most states, except for 2 hours in the State of Washington. When registering for the course students should check on the availability of CE credits in their state.
Cost & Registration
The cost of the course is $14.95 for the course and CE exams and credits, or $7.00 for the course only, no CE exams and credits. For a limited time, NAPSLO is providing a subsidy for all course costs. Please check for availability of this limited subsidy when registering for the course at http://napslo.successce.com. For more information on the course, download a flyer.