In what forms can a surplus lines license be issued?

A surplus lines license can be issued in either paper or electronic form, which allows for flexibility and convenience in the distribution and management of these licenses. This dual format caters to different preferences and operational needs of license holders and regulatory authorities.

Issuing the license in both formats ensures that stakeholders can choose the medium that best aligns with their workflow. For instance, some may prefer a physical license for display purposes or for traditional filing, while others may find electronic formats more accessible and easier to manage in today's digital age. By accommodating both options, the licensing system embraces technological advancements while still valuing traditional methods.

This approach aligns with broader trends in insurance regulation, recognizing the need for efficiency and accessibility in licensing processes.