District of Columbia reinsurance intermediary bonds.
From $100.
A reinsurance intermediary licensed in the District files a surety bond with the Department of Insurance, Securities and Banking (DISB) to protect the insurers it places business with. DISB commonly requires a $100,000 bond alongside E&O coverage. The premium is 1% of your bond amount, $100 minimum.
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How much does a District of Columbia reinsurance intermediary bond cost?
1% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard reinsurance intermediary bond — enter your amount, pay, and file with DISB. Here is the whole thing:
Apply online
Your business details, the bond amount DISB requires, and the effective date — that is the application.
Issued on the spot
No credit check up to $100,000. Above $100,000, a soft pull may add a short review.
File with DISB
Submit the executed bond with your reinsurance intermediary license application, alongside your E&O proof. Wet-ink originals mailed whenever DISB insists.
What it is and who needs it.
What the reinsurance intermediary bond covers
A reinsurance intermediary — a broker who arranges reinsurance cessions, or a manager who has binding authority over an insurer’s reinsurance — is licensed in the District through the Department of Insurance, Securities and Banking (DISB) under DC Code Chapter 31-18 (the Reinsurance Intermediaries provisions, §§ 31-1801 et seq.).
The bond is for the protection of the insurers the intermediary represents — it backs the intermediary’s handling of reinsurance funds and compliance with the law. DISB administratively requires reinsurance intermediary authorities to carry a $100,000 surety bond together with $1,000,000 in errors-and-omissions coverage.
The statute itself frames the bond as an amount acceptable to the regulator for the protection of the insurer, and DISB sets the operating figure. Because the amount is set by DISB rather than fixed in the chapter, enter the figure DISB gives you — commonly $100,000 — and we issue the bond from $100, with the application collecting no credit check up to $100,000.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with DISB. Submit the executed bond with your reinsurance intermediary license application, alongside your E&O proof. Wet-ink originals mailed whenever DISB insists.
What sets the price
The premium is 1% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $100,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount DISB requires — the executed bond is generated instantly, ready to file with your license application.
Start the application →Common questions.
Other District of Columbia bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Reinsurance intermediary bond, issued today.
Premiums from $100. Enter the amount DISB requires and file the same day.