slai.org - Surplus Line Association of Illinois

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Description: The Surplus Line Association of Illinois supports surplus line producers and regulators with filing, compliance, education and marketplace data.

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The Surplus Line Association of Illinois (SLAI) is an organization of more than 3200 surplus line insurance producers. Surplus line producers are agents and brokers who hold a special license from the Illinois Department of Insurance allowing them, under certain conditions, to procure policies for Illinois risks from insurers that are not licensed in this state.

Created by statute in 1985, the Association acts as a liaison between the Department and surplus line producers. The SLAI is a self-funded body that is charged with the duty to educate the marketplace in order to facilitate and encourage compliance with the surplus line law, accept filings from surplus line producers, report data to the Department of Insurance, and provide other services to its members that are incidental or related to the purposes of the Association.

The dedicated professionals who make up the membership of the SLAI play an essential role in the Illinois economy by facilitating insurance coverage for emerging, unique, difficult and specialty risks. The Association and its members are committed to maintaining a healthy, fair, law-abiding and competitive surplus line insurance marketplace.

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