An advisory organization is a group of insurers that assists insurers in ratemaking-related activities.
A rating organization assists insurers with workers’ compensation ratemaking-related activities.
Both kinds of organizations must by licensed by the Iowa Insurance Division to operate in Iowa, and must conform to other statutory and regulatory requirements. Requirements for the licensing and operating of advisory organizations are set forth in Iowa Code Chapter 515F. Requirements for the licensing and operating of rating organizations are set forth in Iowa Code Chapter 515A. Please review the Advisory Organization Application Checklist to renew an existing license or to apply for a new license.
A listing of the licensed advisory and rating organizations can be found here or by viewing the dataset below.
If you need assistance, please contact the Iowa Insurance Division.