NARAB would provide voluntary, non-resident insurance agent and broker licensing reform while preserving the rights of states to supervise and discipline agents and brokers. The legislation would apply to marketplace entry only; agents and brokers would also have to adhere to each state's laws and preserves state insurance regulation. The mechanism would be simple: once an agent or broker was licensed in good standing in their home state, they could choose to apply to NARAB for membership in the association for non-resident agent and agency licensing. If that agent/broker met the NARAB membership criteria, they would be permitted to operate in any other state. While the agent/broker would still have to pay fees in each state, NARAB would seamlessly and efficiently reduce the administrative burden on agents and brokers operating in multiple states while also increasing competition for consumers.