An insurance producer may add the Surplus Lines of authority to their insurance license if he or she has how many years of related experience?

To add the Surplus Lines of authority to their insurance license, an insurance producer is required to have at least three years of related experience. This requirement is in place because Surplus Lines insurance involves more complex and specialized products that are not available through standard insurance markets. Having three years of experience ensures that the producer has developed the necessary skills and understanding of the insurance landscape, which is critical for effectively serving clients' needs in this specific area. This level of experience helps ensure that producers can navigate the unique regulations and risks associated with Surplus Lines insurance, thereby better protecting the interests of their clients.