A reinsurance intermediary licensed in the District files a surety bond with the Department of Insurance, Securities and Banking (DISB) for the protection of the insurers it places business with. DISB commonly requires a $100,000 bond alongside E&O coverage. The premium is 1% of your bond amount, $100 minimum — enter your required amount and see your exact price at the application.
















No underwriting queue for the standard reinsurance intermediary bond — enter your amount, pay, and file with DISB. Here is the whole thing:
Your business details, the bond amount DISB requires, and the effective date — that is the entire application.
The application collects no credit information, so most orders issue as soon as you pay. Larger amounts may get a quick review, and if a check runs it's a soft pull that won't touch your score.
Submit the executed bond with your reinsurance intermediary license application, alongside your E&O proof. Wet-ink originals mailed whenever DISB insists.
A reinsurance intermediary — a broker who arranges reinsurance cessions, or a manager who has binding authority over an insurer’s reinsurance — is licensed in the District through the Department of Insurance, Securities and Banking (DISB) under DC Code Chapter 31-18 (the Reinsurance Intermediaries provisions, §§ 31-1801 et seq.).
The bond is for the protection of the insurers the intermediary represents — it backs the intermediary’s handling of reinsurance funds and compliance with the law. DISB administratively requires reinsurance intermediary authorities to carry a $100,000 surety bond together with $1,000,000 in errors-and-omissions coverage.
The statute itself frames the bond as an amount acceptable to the regulator for the protection of the insurer, and DISB sets the operating figure. Because the amount is set by DISB rather than fixed in the chapter, enter the figure DISB gives you — commonly $100,000 — and we issue the bond from $100, with the application collecting no credit information.
Submit the application with the bond amount DISB requires — the executed bond is generated instantly, ready to file with your license application.
Start the application →Premiums from $100. Enter the amount DISB requires and file the same day.