23 CAR § 29-110. Insurance managers and intermediaries

(a) No person shall act as an insurance manager or reinsurance intermediary for captive business in or from within this state without the authorization of the Insurance Commissioner. (b) Application for such authorization must be on a form prescribed by the commissioner. (c) Any person who engages in the insurance or reinsurance business as a producer, agent, or broker for a captive insurance company shall be: (1) Licensed as such pursuant to Chapter 64 of Title 23 of the Arkansas Code; and (2) Authorized as such by the commissioner.