To secure authority for soliciting insurance products in Connecticut, what must an insurance company obtain?

To secure authority for soliciting insurance products in Connecticut, an insurance company must obtain a certificate of authority. This certificate serves as official permission granted by the state, allowing the insurance company to operate and sell insurance products within that jurisdiction. It is essential for demonstrating that the company meets relevant state regulations and standards, ensuring consumer protection and ethical business practices.

While other options may seem relevant, they do not specifically pertain to the requirement for an insurance company to engage in selling policies. For instance, an insurance policy license typically refers to licenses held by individuals (insurance producers) rather than the company itself. A business operating license is more general and pertains to a variety of businesses and is not specific to the insurance industry. An insurance producer appointment, on the other hand, relates to the authorization needed by individual agents or producers to sell insurance on behalf of a licensed insurance company, but does not apply to the company's authority to operate overall. Thus, the certificate of authority is the key document that enables an insurance company to legally conduct business in the state.