Any business entity (corporations, limited liability companies, limited liability partnerships, general partnerships) conducting the business of insurance in Ohio under a FEIN, must be licensed by the Ohio Department of Insurance.
The department issues limited authority licenses to Business Entities for the following lines of insurance:
- Credit insurance products
- Funeral Expense
- Portable Electronics
- Rental car
- Self-Service Storage
- Travel insurance
All business entities must have at least one Ohio licensed individual insurance agent on the corporate structure that will be responsible for the business entities compliance with Ohio’s insurance laws.