What is the primary focus of the surplus lines license?

The primary focus of the surplus lines license is indeed to allow access to non-traditional insurance markets. Surplus lines insurers provide coverage for risks that standard insurers may not cover due to their unconventional nature, high risk, or other unique factors. This type of licensing is crucial because it enables licensed brokers to seek insurance solutions from surplus lines companies that do not adhere to the same regulatory requirements as standard insurers.

By obtaining a surplus lines license, brokers can tap into various markets to find suitable coverage for clients with atypical insurance needs, thus expanding the options available for consumers seeking insurance solutions not offered by traditional carriers. This aspect of the surplus lines license plays a vital role in the overall insurance landscape by facilitating risk management for hard-to-place risks.