What is the term for a list of lines of business exempt from the diligent search requirement?

The term referring to a list of lines of business that are exempt from the diligent search requirement is known as the Automatic Export List. This designation simplifies the process for surplus lines insurance by allowing certain types of insurance to be placed without first conducting a diligent search for a potential market within the admitted market.

This is significant in the surplus lines market because it recognizes that certain risks may not be available in the standard market, thereby expediting the underwriting process for those specific lines. By including these exemptions, insurers can more efficiently respond to the needs of policyholders while still adhering to regulatory frameworks.

The other options do not accurately capture this specific exemption. A Standard Risk List typically refers to businesses that are insurable within the admitted market and does not pertain to exemptions from diligent searches. The Surplus Lines Registry is a record-keeping system for surplus lines insurance but does not denote exempt lines specifically. The Exemptive List, while potentially descriptive, does not carry the established terminology of the regulatory framework that the Automatic Export List embodies.