Guam Seal

Guam

state commissioner

Michelle B. Santos

STATE phone
(671) 635-1843
STATE LICENSE DIVISION ADDRESS

Guam Insurance Administration

Appointments & Terminations

Required to report appointments?

Yes

State requires appointment renewal?

Yes

Appointment renewals via

Via NIPR Portal

When is the state renewal period?

April 1, 2024 through June 30, 2024

Appointment renewal fee

$25

Terminations processed via NIPR?

Yes

Allows carriers to terminate the appointment if license has expired?

No

Licensing

Initial individual new license fee

Resident: Insurance Producer: $25 Broker: $100 Surplus Lines Broker: $100 Adjuster: $100 Amendments: $0 Nonresident: Insurance Producer: $25 Broker: $100 Surplus Lines Broker: $100

License renewal fee

Resident: Insurance Producer: $25 Broker: $100 Surplus Lines Broker: $100 Adjuster: $100 Nonresident: Insurance Producer: $25 Broker: $100 Surplus Lines Broker: $100

When does the resident individual producer license renewal period begin?

90 days before expiration

What is the resident individual producer license renewal date?

June 30

When does the nonresident individual producer license renewal period begin?

90 days before expiration

What is the nonresident individual producer license renewal date?

June 30

Can a producer use a P.O. Box in their resident or business address?

No

Are individuals required to list their county as part of the address?

No

What addresses are required for individual license maintenance?

Residence, Business, and Mailing

State individual licenses include

Insurance Producer Broker Surplus Lines Broker Adjuster

State broker license rule

Offers Broker License

Where to apply for resident license?

State portal only

What Transactions are Retaliatory Fees Applied to?

None

Submit Partial License Renewals through NIPR?

No

Deadline to report personal data changes (address, name change, phone number, etc.)

Contact Change Request supported via NIPR Gateway.

Agency

Agency Licensing renewals

June 30

Adjuster

Requires adjuster license?

Yes

Offers designated home state?

No

DHS exam required?

N/A

Independent adjuster LOAS

Property, Casualty, Accident & Health, Marine, Motor Vehicle, Fidelity & Surety, Property Damage and Liability, Workmen's' Comp, Fire, Miscellaneous

Independent adjuster fees

Licensing Fee: $50 Renewal Fee: $50

Independent adjuster exam required?

Yes

Emergency adjuster details

In the event of an emergency, Guam will allow temporary adjusters to be licensed for 90 days. This will allow them to receive, inspect, process, and adjust claims. The fee for licensure is $50.00.

Address change request through NIPR?

Yes

Continuing Education

Regulatory Updates

Guam Updating Expiration Dates for All Licenses

Effective March 22, 2024, Guam will be updating the expiration dates for all licenses. This included individuals, business entities (firms / agencies) and companies. The expiration date will be changing from July 1st (7/1) to June 30th (6/30).   Licensees will need to renew their licenses by 6/30/2024 11:59pm CST.   All residents that require CE will also need to meet their CE Requirements by 6/30/2024 11:59pm CST. 

Guam Assigns New Company Numbers

Effective March 18, 2024, Guam has assigned all active companies a new Guam Company Number. The new Company Number can be looked up using the “Lookup Button” on the SBS website or see attached Company List. NAIC Company Number (NAIC CoCode) remains the same. The Producer Database was updated Sunday, March 17, 2024 Central (Monday, March 18, 2024 CHST).  For more information on company number changes, please see the attached GU Implementation Flyer.  

Guam to Implement New Transaction Types to Process Designated Responsible Licensed Producer (DRLP) and Primary Name Change Updates

Effective April 1, 2024, Guam will Implement new transaction types to process designated responsible licensed producer (DRLP) and primary name change updates.

Guam to Open Company Appointment Renewal Invoices Beginning in April 1, 2024

Effective, April 1, 2024 through June 30, 2024, Guam will make invoices available for Companies / Firms. Below is important information about the renewal period:

Guam Department of Revenue and Taxation Announces Upcoming Transition to State Based Systems (SBS)

Effective March 20, 2024, Guam will go live with State Based Systems (SBS). Other important dates to remember include the following:

NASAA votes to admit Guam to the association

NASAA votes to admit Guam to the association. See attachment for full details.

FAQs