A Louisiana third party administrator files a surety bond with the Department of Insurance as its financial guarantee to the Commissioner. For the $100,000 bond, ours is $3,000 flat — 3% of the bond amount, identical for every administrator. One soft credit pull, e-signed in 1–2 business days.
















Your TPA license is waiting on this bond. Here's the entire process — no broker phone tag:
Business details, ownership, effective date. That is the application — the only extra step is a one-time consent to a soft credit pull.
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.
Pay online and receive the executed bond ready to file with your TPA license application. Wet-ink originals mailed whenever the Department insists.
$100,000 bond × 3% = $3,000, one-time per term. Fixed amount, fixed price, multi-year if you want it.
A third party administrator collects premiums, adjusts claims, or otherwise administers insurance business on behalf of insurers. Louisiana licenses TPAs through the Department of Insurance under the third-party-administrator provisions of the Insurance Code (Title 22), and conditions the license on a surety bond filed with the Commissioner.
The bond is the administrator's financial guarantee to the Commissioner of Insurance that it will discharge and perform its duties under Titles 22 and 23 and all other applicable laws. If a TPA fails to account for funds it handles or otherwise breaches those obligations, the bond stands behind the loss.
It is not insurance for you — if the surety pays a claim, you repay the surety. The Department sets which bond amount applies; this page is the $100,000 filing, the level most active administrators handling larger contracts are required to post. If your instructions call for $50,000, use that page instead.
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 →If yours isn't here, the bond team can usually answer within the hour.
$3,000 flat, five-minute application, e-signed bond in 1–2 business days. Free until issued.