Ohio reinsurance intermediary bonds.
$500 flat.

The Ohio Department of Insurance asks a reinsurance intermediary to file a $50,000 bond (alongside errors-and-omissions coverage) to get licensed. The premium is a fixed $500 — the price you see at checkout. License bonds like this issue instantly.

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Filed with the Ohio Department of Insurance for a reinsurance intermediary-broker or intermediary-manager license

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$500 fixed premium — $50,000 bond amount, no calculator needed

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Multi-year terms available — set it up once, forget it for up to 3 years

$500 flatfixed premiumFastoften same purchase1–3 yrterms available

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How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details and an effective date. That's the application — no credit section, no financials scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase.

SAME DAY

File with your license application

Your executed bond and power of attorney arrive by email, ready to file with the Ohio Department of Insurance. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

Ohio licenses reinsurance intermediaries — both intermediary-brokers and intermediary-managers — through the Department of Insurance under the reinsurance intermediary provisions of ORC Chapter 3905 and the superintendent's rules. A reinsurance intermediary-manager has authority to bind or manage a reinsurer's assumed reinsurance business, which is exactly why the state wants a financial backstop.

As part of licensing, the Department asks for a $50,000 surety bond for the protection of the reinsurer the intermediary serves, together with errors-and-omissions coverage. The bond is a three-party arrangement: you (the principal), the surety, and the reinsurer / Department as the protected parties.

The bond must stay active for the life of your license. Let it lapse and your license is at risk — so we track it and notify you 60 and 30 days out, keeping your $50,000 filing continuous. If the surety pays a claim, you repay the surety.

OAC 3901-3-09 / ORC 3905 (reinsurance intermediaries)Ohio licenses reinsurance intermediary-brokers and intermediary-managers through the Department of Insurance under ORC Chapter 3905 and Ohio Administrative Code 3901-3-09. The Department's licensing requirements call for a surety bond of at least $50,000 (for the protection of the reinsurer) plus evidence of errors-and-omissions coverage. Confirm the current bond amount and form on your Department of Insurance license application.

You need this bond if you're

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Applying for a reinsurance intermediary-broker license with the Ohio Department of Insurance

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Applying for an intermediary-manager license that binds or manages a reinsurer's assumed business

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Renewing your intermediary license and your bond is expiring or your surety non-renewed

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A nonresident intermediary getting licensed to place reinsurance for Ohio-domiciled reinsurers

One application, issued instantly.

These are the actual issuing fields — the application collects no credit information.

Start the application →

FAQ

Common questions.

How much is the Ohio reinsurance intermediary bond?The premium is a fixed $500, regardless of the $50,000 bond amount — no calculator needed. That is the price you pay at the short application.

Do I pay the $50,000?No. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money. Your premium is a fixed $500.

Do I also need errors-and-omissions coverage?Generally yes — the Department of Insurance asks reinsurance intermediaries for both the surety bond and evidence of E&O coverage. The E&O policy is separate from this bond; we issue the $50,000 surety bond.

Is there a credit check?The application collects no credit information at all. Most applications approve instantly.

When does it renew?The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.

Which A-rated carriers underwrite these bonds?Typically Arch Insurance Company (A.M. Best A+) or Nationwide Mutual Insurance Company (A.M. Best A). Which one writes your bond depends on the bond type and your state. The carrier's name and official signature are printed on the bond you receive.

How do I contact Light RFP about this bond?Email insurance@lightrfp.com. It reaches the bond team at Light RFP Risk Management Services LLC (NY DFS License # PC-1978982). Write to us about quotes, applications, bond forms or certificates. We will respond within 24 hours.

Related bonds

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Finish your license checklist today.

$500, no credit review, bond often issued in the same sitting.

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Your price$500

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