Insurance License Hub

The Maine Reinsurance Intermediary license

Reinsurance Intermediary

One license covering both the broker who places reinsurance for a ceding insurer and the manager who runs a reinsurer's business. No examination stands in front of it, and Maine is the only state here where the superintendent may impose one anyway, before the application is even filed.

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 as broker or manager, or hold a producer license that already reaches it

    No state exam for this license

    What the sworn application has to carry

    • A written application signed and sworn to by the applicant, with the fee at 601(21); for an individual, identity, age, residence, present occupation, financial responsibility and insurance experience; for a firm, association, partnership or corporation, the names and residence addresses of all members, officers and directors, with each individual who is to exercise the license powers named and their own information furnished; and disclosure of any insurance license ever refused, suspended, revoked or not continued, and of anybody claiming the applicant is indebted to them

    and the route in, which is not always this license

    • a Maine resident agent, broker or reinsurance intermediary broker license, for anybody acting as a reinsurance intermediary broker from an office in Maine or as a reinsurance intermediary manager for a domestic insurer

    • or

      a Maine nonresident agent, broker or reinsurance intermediary license, for anybody with no Maine office

    • or

      an agent, broker or reinsurance intermediary license in another state with substantially similar laws

    24-A M.R.S. 743 grants one thing: "The superintendent may issue a reinsurance intermediary license to any person or organization that complies with the requirements of this subchapter." 742(2-A) then describes the broker and the manager separately and lets a producer license stand in for either, which is the sentence to read before assuming two licenses: a broker with a Maine office "must be licensed as a resident agent, broker or reinsurance intermediary broker", and the same three-way alternative runs through all four paragraphs. So Maine is with Vermont, Rhode Island and New Hampshire in issuing one, against Michigan and Alaska which issue two, and it goes further than any of them by letting an ordinary producer license carry the function. The Bureau uses one application form for a "Reinsurance Intermediary Broker and/or Reinsurance Intermediary Manager" and 601(21) prices one thing at $50 to issue and $50 a year. 742(4)(A-1) is the provision no other state on this site writes: "Prior to filing an application with the superintendent, the superintendent may require each applicant to take a written examination to test the applicant's competence to act as a reinsurance intermediary."A discretionary examination, imposed before the application rather than after it, with no paper published for it and no standard set for when it is required. 742(5) treats the manager as the riskier of the two roles and lets the superintendent require a surety bond for the reinsurer's protection or an errors and omissions policy, again as a discretion. 742(7) exempts Maine attorneys acting in their professional capacity, and 743(1)(A) makes an organization's license reach every member and employee named in the application and registered with the superintendent, who then act only in the organization's name.

    Read at legislature.maine.gov on 2026-08-19

No national seller sells a course for this license. Nothing could be sold against it with any confidence, because 742(4)(A-1) leaves the examination to the superintendent's discretion rather than requiring one: no paper is published for it and no standard is set for when it is imposed.