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General Information

Websitenipr.com/index.html
Phone816.783.8468
Email
Employees
Founded1996

Funds

Offices

Anchorage, USA
550 W. 7th Ave., Ste. 1560
Anchorage, AK, 99501-3567
USA

People

VicePresident
President

Tags

electronic-producer-licensing, naic, pdb, nipr-gateway

NIPR

National Insurance Producer Registry (NIPR) is a non-profit affiliate of the National Association of Insurance Commissioners (NAIC). NIPR developed and implemented the Producer Database (PDB) and the NIPR Gateway. NIPR is governed by a 13 member board of directors, with 6 members representing the NAIC, 6 industry trade association representatives, including 3 producer trades and the CEO of the NAIC as an ex-offcio voting board member.

The PDB is an electronic database consisting of information relating to insurance agents and brokers (producers). The PDB links participating state regulatory licensing systems into one common repository of producer information. The PDB also includes data from the Regulatory Information Retrieval System (RIRS) to provide a more comprehensive producer profile. The key benefits of PDB are:

Increased productivity, less cost Reduction or elimination of paper Real time information National verification of license and status Web based access Single source of data vs. multiple web sites The NIPR Gateway is a communication network that links state insurance regulators with the entities they regulate to facilitate the electronic exchange of producer information. Data standards have been developed for the exchange of license application, license renewal, appointment and termination information. All data flowing over the NIPR Gateway will conform to these standards. The key benefits of NIPR Gateway are:

Reduction or elimination of paperwork and data entry Uses national standards regarding electronic transmission of licensing data Faster turnaround time, including real time in certain states

Milestones

Investments

Company Date Round Size Participants
Audinate 6/08Series A$3.71M3
Monitoring Division 2/08Series A$3.85M2

Videos

Sources

  1. Audinate's $4m to fund US expansion (audinate.com) [edit]
  2. Monitoring Division, Inc. Secures $3.85 Million in Series A Funding (monitoringdivision.com) [edit]
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Last Edited 1/12/10

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