AR managing general agent bonds.
$3,000 flat. Soft pull.
Arkansas requires every licensed managing general agent to file a $100,000 bond with the Insurance Department under the Managing General Agents Act. Ours is $3,000 flat — 3% of the bond amount, identical for every MGA. One soft credit pull, e-signed in 1–2 business days.
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Three steps to filed.
Your MGA license is waiting on this bond. Here's the entire process — no broker phone tag:
Apply once, online
Business details, owner information, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours. The credit check is a soft pull that never affects your score.
E-sign & file with the Insurance Department
Pay online and receive the executed bond on form AID-LI-MGA43, ready to file with your managing general agent license. Wet-ink originals mailed whenever the Department insists.
The whole pricing page.
$100,000 bond × 3% = $3,000, one-time per term. Fixed amount, fixed price, multi-year if you want it.
What it is and who needs it.
What the bond actually guarantees
A managing general agent acts for an insurer — binding coverage, adjusting claims, or managing a book of business — and Arkansas licenses MGAs through the Insurance Department under the Managing General Agents Act. The license is conditioned on a $100,000 surety bond, filed on form AID-LI-MGA43.
The bond runs in favor of the State of Arkansas for the benefit of insurers and the public. If an MGA mishandles premium or claim funds, or otherwise violates the laws governing MGAs, a harmed party can recover against the bond up to the $100,000 penal sum.
It is not insurance for you — if the surety pays a claim, you repay the surety. MGAs who handle funds properly and keep current with the Insurance Department treat the bond as a licensing formality, not a risk.
You need this bond if you're
Five minutes. The whole thing.
These are the actual underwriting fields, including a one-time consent to a soft credit pull. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
Do I pay the $100,000? +
Who requires this bond? +
What does the bond guarantee? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
The Insurance Department is waiting on one document.
$3,000 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.