An Oklahoma third party administrator files a $10,000 surety bond with the Insurance Commissioner under 36 O.S. §1448 as a condition of licensure. Pricing is 1% of the bond amount, $100 minimum, and your exact price appears at the application.
















No underwriting queue for the standard TPA bond — enter your amount, pay, and file with the Insurance Department. Here is the whole thing:
Your business details, the bond amount the Insurance Department requires, and the effective date — that is the entire application.
The application collects no credit information, and most applicants are approved instantly as soon as they pay. Larger amounts may get a quick review.
Submit the executed bond, payable to the Insurance Commissioner, with your TPA license application. Wet-ink originals mailed whenever the state insists.
A third party administrator (TPA) collects premiums or adjusts and settles claims for insurers and self-funded plans. Oklahoma licenses TPAs through the Insurance Department under 36 O.S. §§1441–1452, and conditions the license on a surety bond.
Under 36 O.S. §1448 and OAC 365:25-3-12(f), the administrator must post a $10,000 bond payable to the Insurance Commissioner, securing the TPA’s performance in conformity with the laws and rules governing administrators, for the protection of the parties it deals with.
The bond backs honest handling of the funds and claims a TPA touches. If a valid claim is paid, the TPA repays the surety — it is not insurance for the administrator. We price the bond at 1% of the amount, with a $100 minimum.
Submit the application with your bond amount — the executed bond is generated instantly, payable to the Insurance Commissioner, ready to file.
Start the application →Pricing from $100. Enter your amount and file with the Insurance Department the same day.