How often does the license renewal process for a surplus lines broker occur?

In Arizona, the license renewal process for a surplus lines broker occurs every four years. This means that individuals holding a surplus lines broker license must actively maintain their licensure by completing the renewal process at the designated intervals, ensuring that they stay compliant with state regulations and fulfill any continuing education requirements that may be specified.

Having a four-year renewal cycle helps to ensure that brokers remain current with their knowledge of the industry and any changes in laws or regulations that may impact surplus lines insurance. This structured renewal process supports consumer protection by ensuring that only qualified individuals continue to operate in this specialized insurance market.