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Disclosures

Licenses.

Transparent insurance-producer licensing, checkable NPNs, and the wholesale-market structure WolfTRI uses for RWI placements.

Entity and producer

Licensed entity and producer

Wolf Transactional Risk, LLC is an Illinois business entity insurance producer focused on representations and warranties insurance placement. WolfTRI’s National Producer Number is 22075776. Scott D. Wolf serves as the firm’s designated/responsible licensed producer. His National Producer Number is 18716467.

Attorney registration

Attorney registration

Scott Wolf is licensed to practice law in Illinois and is registered with the Attorney Registration and Disciplinary Commission of the Supreme Court of Illinois (ARDC #6310517). Wolf Transactional Risk, LLC is an insurance brokerage, not a law firm. It does not provide legal services, and its services are provided under the standards applicable to licensed insurance producers. As an Illinois lawyer, Scott Wolf remains personally subject to the Illinois Rules of Professional Conduct — including the duties of honesty and integrity that govern a lawyer’s conduct in any business. Scott Wolf is not acting as an attorney on any transaction facilitated through this firm, and no attorney-client relationship is formed. Clients should consult their own legal counsel for advice regarding purchase agreements and specific legal liabilities.

Resident license

Illinois (resident)

WolfTRI resident insurance producer license records
State Entity producer (WolfTRI) Designated/responsible licensed producer
Illinois (resident) NPN 22075776 NPN 18716467
Non-resident

Non-resident licenses

WolfTRI transacts insurance only in jurisdictions where it is licensed or otherwise authorized to do so. Where a placement involves a state that requires a non-resident producer license, WolfTRI obtains that license before performing any activity for which the license is required; non-resident producer licenses are generally issued through the National Insurance Producer Registry (NIPR) within days. WolfTRI’s licenses can be verified through the NAIC State Based Systems lookup at sbs.naic.org using the NPNs above. This list will expand over time and will be updated here as new state licenses are issued. If you have a question about a specific state in advance of a placement, contact us and we will confirm current status.

Licensing information on this page is current as of August 21, 2026.

Nationwide

Nationwide placements

Where a transaction requires jurisdiction-specific authority, WolfTRI confirms applicable producer, surplus-lines, wholesale, and filing requirements before binding. Surplus-lines filings, taxes, and stamping requirements vary by jurisdiction and are handled in accordance with applicable law and the relevant placement documentation.

Roles

Role clarity in a placement

WolfTRI provides insurance brokerage services as a licensed producer, supported by licensed U.S. wholesale-market infrastructure. The insurer underwrites and issues the policy. Client counsel remains responsible for legal advice, transaction documents, diligence conclusions, and policy-form review.

Compensation

How WolfTRI is paid

WolfTRI is compensated by commission paid by the insurer and included in the policy premium, received through the licensed wholesale broker on the placement; the commission rate varies by transaction, insurer, and structure. On smaller placements the commission is subject to a customary minimum, which is likewise included in the premium and is never invoiced separately. WolfTRI does not charge clients a separate retail broker fee, does not mark up the wholesale broker’s or the insurer’s charges, and does not accept contingent, supplemental, volume-based, or override compensation on RWI placements. The amount of WolfTRI’s compensation on a specific placement is available to the client on request before binding.

If WolfTRI ever proposes to charge a fee in addition to commission, the fee will be disclosed in writing in advance in accordance with applicable law, including 215 ILCS 5/500-80(e).

E&O

Professional liability / E&O coverage

WolfTRI maintains Errors & Omissions (E&O) insurance coverage for insurance brokerage services. Current policy information is available to clients and counsel during diligence.

Authorized jurisdictions

Where WolfTRI transacts

WolfTRI transacts insurance only in jurisdictions where it is licensed or otherwise authorized to do so. See Non-resident licenses and Nationwide placements above.

Personnel

What other personnel do

Other WolfTRI personnel do not solicit, negotiate, or sell insurance and do not receive commission on policies placed by the firm.

Advice limits

Not legal, tax, or investment advice

WolfTRI provides insurance brokerage and producer services only — nothing on this site is legal, tax, or investment advice. See the Terms of Use.