An advisory organization is an entity, including affiliates or subsidiaries, which either has two or more-member insurers or is controlled either directly or indirectly by two or more insurers, and assists insurers in ratemaking-related activities.

A rating organization assists insurers with workers’ compensation ratemaking-related activities.

Both kinds of organizations must be 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.   

To renew an existing license or to apply for a new license please visit: Advisory Organization Application Renewal.

A listing of the licensed advisory and rating organizations can be found here or by viewing the dataset below.