Arkansas requires every third party administrator to file a $25,000 surety bond with the Arkansas Insurance Department — ours is $750 flat, which is 3% of the bond amount. The application is five minutes, and license bonds like this are the fastest thing we issue.
















License bonds are the simplest thing in surety. Here's the entire process:
Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.
License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.
Your executed bond on Form AID-LI-TPA-BOND and the power of attorney arrive by email, ready to file with your TPA license application or renewal. Wet-ink original mailed on request.
$25,000 bond × 3% = $750, one-time per term. Fixed amount, fixed price, multi-year if you want it.
A third party administrator collects premiums or adjusts and settles claims on behalf of insurers or self-insured plans. Arkansas conditions the TPA license on a $25,000 surety bond filed with the Arkansas Insurance Department, as a financial backstop for the funds the administrator handles.
It's a three-party arrangement: you (the principal), the surety carrier, and the State of Arkansas through the Insurance Commissioner (the obligee). Under the bond, the administrator agrees to perform all legal steps required to qualify as a TPA and to comply with the Arkansas Insurance Code; if it fails to, a harmed party can recover against the bond.
The bond must stay active for the life of your license. Let it lapse and your TPA license can be affected — so we track it and notify you 60 and 30 days out, keeping your $25,000 filing continuous.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$750 flat, five-minute application, bond often issued in the same sitting. Free until issued.