Elany

2024 Application Requirements

FILING REQUIREMENTS FOR NEW APPLICANTS - YEAR 2024

 

In order for a nonadmitted foreign insurer to qualify as an eligible excess line insurer in New York, the insurer must maintain at a minimum, surplus to policyholders of $47,000,000 for year-end 2021 (this minimum increases to $48,000,000 for financial statements beginning with the first quarter of 2022), and be licensed by its state of domicile to write the lines of business it seeks to write on a surplus lines basis in New York.

In order to appear on ELANY’s published list of E&S Insurers, please mail the documents listed as noted below.

 

All documents are to be mailed as follows:

Excess Line Association of New York
120 Wall Street
24th Floor
New York, New York 10005
Attn: Alex Sarfo
         asarfo@elany.org 
New York State Department of Financial Services, 
Insurance Division
1 State Street
New York, New York 10004-1511
Attn: Jose Joseph
         Supervising Insurance Examiner 
         Property Bureau, Second Floor
         jose.joseph@dfs.ny.gov

Should you need further assistance, please contact Alex Sarfo, Financial Director, at 646-292-5572 or asarfo@elany.org