Trusteed reinsurers are insurance companies that are typically domiciled outside of the U.S. and are registered - but not licensed - to sell insurance in Iowa.
How to become a trusteed reinsurer
Fill out the Application checklist and email it to accredited.reinsurer@iid.iowa.gov.
File an annual financial statement and trust information on or before February 28 and email it to accredited.reinsurer@iid.iowa.gov.
The examination fee for a new trusteed reinsurer is $2,000 payable by check to the Iowa Insurance Division. Please remit payment by mail with the heading "Accredited Insurer." There is no filing fee for the renewal of a trusteed reinsurer.