Innovation in insurance producer licensing in the U.S. has accelerated in the last few decades, and the National Insurance Producer Registry (NIPR) has led the way.
Celebrating its 25th anniversary, today’s NIPR is a vital technology company grounded in teamwork, service and innovation—with unsurpassed expertise in the state-based system of insurance producer licensing.
It’s hard to imagine that insurance producer licensing was once accomplished with paper applications and a long process of research and validation. Multi-state producers had distinct application processes, timelines, and fees for each state in which they did business.
To improve this approach, NIPR was formed in 1996 as a unique public-private partnership between the National Association of Insurance Commissioners (NAIC) and the insurance industry. NIPR was founded on the concept that insurance producers and compliance professionals should have access to a “one-stop-shop” for cost-effective, streamlined and uniform licensing across all states and jurisdictions.
Today, NIPR’s Producer Database (PDB) is the single source of comprehensive insurance producer data from all fifty states, the District of Columbia, Guam, Puerto Rico, and the United States Virgin Islands. In 2021, the insurance industry used NIPR to process more than 42 million credentialing transactions and move $1.1 billion in fees to state insurance departments.
NIPR’s business is led by a board of directors made up of state commissioners, insurance industry representatives, and NAIC executive leadership—an ideal mix of professionals for coordinated and effective solutions.
Karen Stakem Hornig, CEO of NIPR said, “Through the past 25 years, NIPR has adapted to meet evolving industry and producer needs, harnessed the power of emerging technology and responded purposefully to change. These efforts have allowed us to humanize our technological offerings, ultimately building trust and a collaborative culture, which has been key to our success.”
Producers can access their own license information, apply for and renew their licenses at NIPR.com and use NIPR’s free mobile app to help with the compliance process. Insurance agencies and carriers use NIPR to manage the licensing and appointment process. Growing from a concept to a high-functioning organization emphasizing teamwork, service, and innovation, NIPR has supported the industry in its efforts to become more and more efficient and effective.
NIPR’s 25th anniversary commemorative booklet, Celebrating Our Journey, is online.
About NIPR: NIPR is a not-for-profit technology company with the goal of streamlining the producer licensing process. Governed by a board of directors representing state insurance regulators and members of the insurance industry, NIPR is an affiliate of the National Association of Insurance Commissioners (NAIC). To learn more, visit NIPR.com.
2 min read
NIPR: 25 Years of a Groundbreaking Partnership Between the Regulatory and Insurance Communities
By NIPR on 1/19/22 10:49 AM
Topics: State Advocacy Interstate Advocacy Advocacy Partnerships NIPR
1 min read
NAIFA’s Harrison Named to the NIPR Board of Directors
By NAIFA on 5/28/20 7:51 PM
Julie Harrison, NAIFA's Director of State Chapter Government Relations, has been named to the National Insurance Producer Registry (NIPR) Board of Directors.