Utah licenses third party administrators through the Insurance Department under Title 31A, Chapter 25, and conditions the license on a financial-responsibility bond. The amount scales with the funds you handle — pricing is 1% of the bond amount, with a $100 minimum. Your exact price appears at the application.
















Enter your amount, consent to a soft pull, and you have the executed bond. Here is the whole thing:
Your business details, the bond amount the Department requires, and the effective date. The application collects no credit information.
Most applications approve instantly; if underwriting needs anything, you hear from an underwriter within 48 hours. If a check runs, it's a soft pull that won't touch your score.
Receive the executed bond ready to file with your TPA license application or renewal. Wet-ink originals mailed whenever the state insists.
A third party administrator handles claims, premiums, or other funds on behalf of insurers or plans. Utah licenses TPAs through the Insurance Department under Title 31A, Chapter 25, and requires a bond as part of the administrator's financial-responsibility showing.
The bond guarantees that you'll account for and properly handle the funds under your control and comply with the Utah Insurance Code. It runs to the benefit of the people you administer for — if you mishandle their funds or violate the code, they can recover against the bond.
The amount is sized to your exposure: generally the greater of $5,000 or 10% of the funds you handle, subject to a $500,000 ceiling. Confirm the figure on your Department filing and enter it — pricing is 1% of that amount, with a $100 minimum.
Submit the application with your required bond amount — the application collects no credit information, and your executed bond is typically issued within 1–2 business days.
Start the application →The bond issues the moment you pay — no credit review of any kind, not even a soft pull. Enter the amount your license requires and file with the Insurance Department.