Spot On Insurance Welcomes Sabrina Slater & Tameika Johnson
Too often insurance agency leaders learn about their obligations to foreign Secretary of State’s Offices and state tax departments when they receive notice of their non-compliant status. The numerous “temporary accommodations” made by regulators during the pandemic haven’t made things any easier. That’s why Sabrina Slater and Tameika Johnson join us to explain the ins and outs of SOS/DOR compliance.
Sabrina and Tameika lead the Annuals & Corporates Department at Insurance Licensing Services of America, Inc. Their team processes Secretary of State and Department of Revenue registrations as well as annual/biennial returns and zero/minimum income state tax returns and extensions. Her team also reinstates Certificates of Authority that have been administratively revoked, withdraws COAs when entities voluntarily terminate their presence in foreign states, and processes a wide range of COA amendments. They also liaise with vendor partners to set up registered agent services and file required updates with state regulators.
The pair explains that while most of their clients suspect that they have compliance issues, they’re often unsure of how bad the problem actually is or how to resolve it. Starting with Compliance Reviews, ILSA is ready to help clients untangle the most complex of snafus. But the real key to their success is a strong commitment to education so clients understand how the different requirements impact one another. SOS/DOR compliance affects every stage of an insurance agency’s lifecycle, from forming a new entity to winding one down. Penalties and fees can be substantial and often continue to accrue long after a business closes its doors. That’s why this information is a must-know – so your business doesn’t end up being another compliance “horror story.”
To connect with Sabrina Slater and Tameika Johnson directly:
→ LinkedIn: Sabrina Slater, Tameika Johnson, ILSA
→ Facebook: ILSA, Inc.
→ Twitter: ILSA, Inc.
→ Instagram: ILSA, Inc.
→ YouTube: ILSA, Inc.
→ Website: ilsainc.com
And for more great insights from Sabrina and Tameika, listen to their Spot On Insurance podcast, So You Think That License Is Valid, releasing on Tuesday, June 29.