:-)

1) Generally an owner-operated, small to medium-sized organization, which one of the following types of intermediary develops strong relationships with local retail producers and operate within their state of domicile?

1. Managing general agents
2. National wholesalers
3. Underwriting managers
4. Independent wholesale brokers

2) A specialist who has been carefully evaluated and accredited by Lloyd's to negotiate competitive terms and conditions with Lloyd's underwriters is

1. A managing general agent
2. A Lloyd's program manager
3. An underwriting manager
4. A Lloyd's broker

3) To be an eligible surplus lines insurer in a given state, a nonadmitted insurer domiciled in the US must

1. Be licensed in its home state and have capital and surplus equal to $15 million or the amount specified by the state
2. Receive special authorization from the NAIC and appear on the Quarterly Listing of Alien Insurers
3. Appear on a list of permitted insurers maintained by the International Insurers Department of the NAIC
4. Maintain a trust fund or other collateral in the US and submit financial statements to the state