Firms & Institutions is a separate entry within SureLC that allows you to manage information on Business Entities and Institutions your agency works with.  This article describes:

• Adding Business Entities (Firms) and Institutions
• Modifying Information for Business Entities (Firms) and Institutions
• Frequently Asked Questions

 

ADDING BUSINESS ENTITIES (FIRMS) AND INSTITUTIONS

There are 3 different ways you can add a new business entity to SureLC:

Within a Producer's Profile WITH Pulling from NIPR:

Most agencies prefer to pull the Business Entity's PDB Report from NIPR when adding the producer's business entity to SureLC.  Pulling information from NIPR, eliminates manual data-entry and SureLC will also automatically pull license details and synchronize the business entity's license details on a weekly basis as provided by NIPR.

 

Within a Producer's Profile WITHOUT Pulling from NIPR:

On a producer's profile inside of SureLC, click DBA then select Business Entity from the options shown.

Next enter the EIN and select Create without NIPR. Note that as of November 22, 2019 this option is ONLY available if the EIN is not found in the NIPR database.  Adding a business entity without pulling from NIPR does not charge your SureLC account the $3 NIPR Recovery Fee and that state license details for the Business Entity are not pulled from NIPR.

 

 

Adding an Entity Without Associating the Entity with a Principal

Open SureLC. Click Firms & Institutions, then click Add and follow the steps.

 

After you click Add the following screen displays.

 

 

MODIFYING INFORMATION FOR BUSINESS ENTITIES (FIRMS) AND INSTITUTIONS

At times, it may be necessary for you to modify information about a business entity.  There are multiple ways to access the business entity's information in SureLC.

Accessing Entity Information - Option 1

Open the Principal's SureLC profile.  The Principal is the owner/officer of the business.  Click DBA in this producer's profile then, click Edit Business.  A separate window appears.

 

 

Accessing Entity Information - Option 2

Open SureLC, click Firms & Institutions and search for the entity to change.

 

 

Editing Information

Click the respective tabs and modify as needed:

 

 

 

FREQUENTLY ASKED QUESTIONS

Q1. I'm in a producer's profile and I see the producer's Business Voided Check.  However, I'm not able to modify the producer's Business Account Voided Check.  How do I do this?

A1. It's best to go directly to the Business Entity's profile to make the change.  See the steps above, go to the Entity's EFT Tab and make the necessary adjustments.