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Wisconsin third party administrator bonds.
$250 flat.
A Wisconsin third party administrator that handles insurance plan funds must show financial responsibility under Wis. Stat. 633.14 — commonly a $25,000 surety bond filed with the Office of the Commissioner of Insurance (OCI). At the $25,000 figure, ours is $250 flat — the price you see is the checkout price, set by our carrier’s rate book.
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Three steps. One sitting.
Your TPA license filing is waiting on this bond. Here's the entire process:
Apply online
Business details, owner information, and the OCI-required bond amount — that is the application.
Approved
Approved as soon as you apply. There is no underwriting queue.
E-sign & file with the OCI
Pay online and receive the executed bond, ready to file with your Office of the Commissioner of Insurance administrator license. Wet-ink originals mailed on request.
What it is and who needs it.
What the bond actually guarantees
A third party administrator (TPA) handles money and claims for someone else’s insurance or benefit plan — collecting premiums, paying claims, or administering accounts. Wisconsin licenses administrators through the Office of the Commissioner of Insurance under Wis. Stat. 633.14 and conditions the license on proof of financial responsibility.
The bond is a fidelity-style guarantee standing behind your honest handling of plan funds. It runs in favor of the state and the plans and parties you administer for; if a TPA mishandles the funds it holds and someone is harmed, they can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The common minimum is $25,000, but the OCI can require a higher amount depending on whether you collect premiums, pay benefits, or hold client funds. Confirm your figure on your OCI letter and we’ll match it.
You need this bond if you are
One application, issued instantly.
These are the actual issuing fields. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Wisconsin bonds.
File your OCI administrator bond today.
$250 flat at $25,000, no credit review, bond issued when you pay. Free until issued.