Get to Know the DCI – The Department of Commerce & Insurance

As a business owner, one of your key responsibilities is to purchase commercial insurance to protect your business investment and your employees. Many business owners seek guidance about their insurance options. If your business is located near Saint Charles, MO, our team at the Nieroda Insurance Agency can provide you with answers to your insurance questions. We’ve been working with businesses like yours since 2017.

Get to Know the DCI – The Department of Commerce and Insurance

Missouri business owners may be interested to learn that several branches of our state government oversee the insurance industry. One of those government agencies is the DCI: the Department of Commerce and Insurance. Their oversight of insurance companies within our state provides protection and ensures fair and competitive practices throughout the industry. For example, the DCI oversees the financial solvency of insurance companies, ensuring policyholders can trust that their claims will be paid.

According to the DCI website, the agency is responsible for overseeing the licensing of insurance agencies. The agency also documents the licensing of insurance agents. If consumers complain to an agent or agency, the DCI ensures that the claim is handled in accordance with Missouri state laws. When insurance companies issue policies, the DCI reviews them for compliance with Missouri state laws and regulations.

Call Us for Your Appointment Today

Our team works as an independent insurance agency. At the Nieroda Insurance Agency, every member of our team is committed to providing you with personalized insurance education and guidance. Companies in the Saint Charles, MO, area have come to rely on us for excellent customer service and support. Contact us to schedule an appointment today, and let’s work together to safeguard your business assets.