Nationwide Multistate Licensing System
GPTKB entity
Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:software
|
| gptkbp:bfsLayer |
5
|
| gptkbp:bfsParent |
gptkb:NMLS
|
| gptkbp:allows |
online applications for licenses
|
| gptkbp:collaborations |
state insurance departments
|
| gptkbp:enhances |
regulatory oversight
the efficiency of the licensing process |
| gptkbp:established |
gptkb:National_Association_of_Insurance_Commissioners
|
| gptkbp:facilitates |
license renewals
interstate commerce in insurance |
| gptkbp:governed_by |
state insurance regulators
|
| gptkbp:has |
a user-friendly interface
|
| https://www.w3.org/2000/01/rdf-schema#label |
Nationwide Multistate Licensing System
|
| gptkbp:improves |
consumer protection
|
| gptkbp:includes |
state licensing requirements
|
| gptkbp:integrates_with |
education and training requirements
|
| gptkbp:is_a_tool_for |
regulatory compliance
|
| gptkbp:is_accessible_by |
the internet
|
| gptkbp:is_aimed_at |
reducing barriers to entry for new agents
|
| gptkbp:is_designed_to |
reduce fraud in licensing
simplify the licensing process for agents |
| gptkbp:is_essential_for |
multistate insurance operations
|
| gptkbp:is_part_of |
the regulatory framework for the insurance industry
the National Insurance Producer Registry |
| gptkbp:is_recognized_by |
the federal government
|
| gptkbp:is_recognized_for |
its role in modernizing the licensing process.
|
| gptkbp:is_supported_by |
various industry stakeholders
technology advancements in the industry |
| gptkbp:is_used_by |
over 40 states
|
| gptkbp:is_utilized_in |
insurance companies
|
| gptkbp:key |
the insurance regulatory system
|
| gptkbp:launched |
gptkb:2013
|
| gptkbp:offers |
customer support services
a mobile application for users |
| gptkbp:operated_by |
gptkb:NMLS,_LLC
|
| gptkbp:promotes |
uniformity in licensing standards
|
| gptkbp:provides |
a centralized database for licensing information
a framework for license portability a platform for continuing education tracking a resource for consumers to verify agent licenses data analytics for regulators real-time updates on licensing status |
| gptkbp:purpose |
to streamline the licensing process for professionals across multiple states
|
| gptkbp:reduces |
licensing costs for companies
|
| gptkbp:related_model |
other industries seeking licensing solutions
|
| gptkbp:serves |
insurance brokers
insurance agents |
| gptkbp:supports |
background checks for applicants
|
| gptkbp:updates |
regularly to reflect changes in laws
|
| gptkbp:was_a_response_to |
the growing demand for insurance services across state lines
|