Does an insurance company that has a Certificate of Authority in Florida have to get registered or licensed as an insurance agency if they have employee agents at their headquarters?
No. The definition of insurance agency in Florida Statute 626.015(8) excludes insurers. • If an insurance company owns or operates branch locations where employees of the insurer work as insurance agents to sell and service the company’s policies, do these locations have to be licensed or registered? It depends. If the branch location only houses employee agents who are transacting insurance with the general public, it is an insurance agency that must be licensed or registered. If it is an insurance company branch that houses employee agents as well as non-agent employees who handle traditional insurance company operations such as underwriting, adjusting, claims payment, actuarial services, policy form and rate filings, asset management, etc, it would fall within the exception of insurers from the definition of insurance agency and would not be required to obtain an agency license or registration.
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