(1) An unauthorized company may be sued upon any cause of action arising in this state under any surplus lines insurance contract issued by it or certificate, cover note or other confirmation of the insurance issued by the surplus lines agent, pursuant to the same procedure as is provided for unauthorized insurers in chapter 2, part 6 of this title and § 56-7-105(b). The policy issued by the insurer, or any certificate of insurance issued by the surplus lines agent, shall contain a provision stating the substance of this section and designating the person to whom the commissioner shall mail process.
(2) Each unauthorized company assuming a surplus lines insurance risk pursuant to this chapter shall be deemed to have subjected itself to the requirements of this section.
(3) This section shall be cumulative to any other methods that may be provided by law for service of process upon the insurer.