The bond a third party administrator files with the Maine Bureau of Insurance under Title 24-A. The amount scales with the premiums you collect and claims you pay, so the Bureau or your license tier sets the figure — and we issue it at a flat 3% with no credit check.
















No underwriting queue for the standard TPA bond — enter your amount, pay, and file with the Bureau of Insurance. Here is the whole thing:
Your business details, the bond amount your license requires, and the effective date — that is the entire application.
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Submit the executed bond with your TPA license application or renewal. Wet-ink originals mailed whenever the Bureau insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure your license requires and the premium updates.
A third party administrator collects premiums and adjusts or settles claims on behalf of insurers and benefit plans. Maine licenses TPAs through the Bureau of Insurance under Title 24-A, and a surety bond stands behind the funds you handle in that fiduciary role.
The bond is a fiduciary guarantee: it is conditioned on your compliance with the Maine Insurance Code and the faithful handling of the money that passes through your accounts. If you breach those duties and someone is harmed, they can recover against the bond.
Because the figure scales with your business volume — generally a percentage of premiums collected plus claims paid, subject to a statutory minimum and maximum — the amount is whatever the Bureau or your license tier requires. Enter that figure and we issue the bond at a flat 3% with no credit check.
Submit the application with your required bond amount — the executed bond is generated instantly, ready to file with the Bureau of Insurance.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the amount your license requires and file the same day.