Insurance License Hub

The Arkansas Managing General Agent license

Managing General Agent

Underwrites and administers business on an insurer's behalf. Rule 57 charges $500 to apply and $500 again every year, and charges the insurer a separate $500 just to file the appointment.

Course

None

This license has no pre-licensing course route.

Ways in

1

There is no state exam for this license.

Exam

n/a

Not required on any of the routes below.

Every way to qualify

  1. Route 1 Apply, with a bond and the insurer's contract

    No state exam for this license

    A bond

    • A managing general agent bond on the Department's form AID-LI-MGA 43, filed with the application

    and the contract with the insurer

    • A managing general agent's contract on form AID-LI-MGA 45 and a company appointment on form AID-LI-MGA 41, both filed with the Department

    The Department publishes five forms for this license and instructions covering all of them: the application on AID-LI-MGA 40 for a corporation, limited liability company, limited liability partnership or partnership, the company appointment on 41, the termination of that appointment on 42, the bond on 43 and the contract itself on 45. Rule 57 Section 18 prices it at $500 for the initial license and $500 again at every annual renewal, both Category A fees, and Rule 57 Section 5(a)(5) charges the insurer a separate $500 to file the notice of appointment or of termination. There is no course and no examination: the vendor gives no managing general agent paper and Rule 31 has no syllabus for one.

    Read at the Department on 2026-08-20

Arkansas asks a managing general agent for a bond, a contract and an insurer's appointment rather than for anything taught, and gives no examination for it. No national seller offers an Arkansas product for it.