The National Insurance Producer Registry says 2014 was a record year for processing transactions and inquiries, highlighting the industrys need and desire for streamlined licensing for benefit brokers and agents.
NIPR in 2014 processed 22 million transactions and producer database inquires, representing a 35% increase over the last five years, according to Karen Stakem Hornig, NIPR executive director. She says the accomplishment advances NIPR’s vision of one-stop shopping for all aspects of electronic producer licensing and equates to more than a half billion dollars collected and transmitted to state insurance departments.
