Licensing regulations for administrator / obligor companies in the vehicle service contract and home protection product industries can be complex and detailed.
The following services are provided when Thrive forms your A/O for you:
- Domiciliary state formation with the Secretary of State and Department of Revenue
- Tax id filing
- Corporate Documents (Articles of Incorporation, Bylaws, Corporate Resolutions, etc.)
- Certificate of Authority licensing in all 50 states with the Secretary of State offices
- Tax licensing where applicable with the Departments of Revenue
- Service Contract Provider ("A/O") licensing where applicable with the Insurance Departments
- Service contract review and filing with the Insurance Departments
- California Mechanical Breakdown Insurance Entity License and associated DBA
If you have an A/O company that is already doing business, Thrive can assist with the maintenance of your company, creating a worry-free compliance environment for you.
The following services are provided when you choose Thrive to maintain your A/O company:
- Review of corporate documents to ensure compliance
- Certificate of Authority renewals
- Various tax filings and the coordination of tax filings
- Service Contract Provider ("A/O") renewals
- Service contract review and filing with the Insurance Departments
- Regulation monitoring and, if applicable, adjustments for changing regulations
- Correspondence with Insurance Departments
- Coordination with financial auditing and taxes
- Producer Affiliated Reinsurance Company formation and maintenance
- Reinsurance and trust agreement drafting or review
- Assistance with trust account set-up
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618-972-3422