MD third party administrator bonds.
Flat 3%. Enter your amount.
Maryland requires a registered third party administrator to file a surety bond with the Insurance Administration before it handles plan money. The amount is tied to the funds you administer — and we issue it at a flat 3% with no credit check. Enter your amount and the premium updates.
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Apply to filed in one sitting.
No underwriting queue for the standard TPA bond — enter your amount, pay, and file with the Insurance Administration. Here is the whole thing:
Apply online
Your business details, the bond amount your registration requires, and the effective date — that is the entire application.
Issued on the spot
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
File with the Insurance Administration
Submit the executed bond with your TPA registration. Wet-ink originals mailed whenever the state insists on them.
The whole pricing page.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure your registration requires and the premium updates.
What it is and who needs it.
What the TPA bond actually covers
Maryland regulates third party administrators — firms that collect premiums, adjust claims, or otherwise handle money for insurance and benefit plans they do not underwrite — under the Insurance Article. A TPA must register with the Maryland Insurance Administration and file a surety bond before it handles plan funds.
The bond is a fidelity-style guarantee: it protects the insurers, plans, and people whose money the administrator holds against fraud or dishonest handling of those funds. It runs to the State for the benefit of the harmed parties — not to the TPA.
The amount scales with the money you administer. Maryland generally sets it at no less than 10% of the average amount of funds you hold at any one time, with a $5,000 floor and a cap the Commissioner can raise for large administrators. Confirm your figure with the Insurance Administration, enter it here, and we issue at a flat 3% with no credit check.
You need this bond if you are
Five minutes, issued on the spot.
Submit the application with the bond amount your registration requires — the executed bond is generated instantly, ready to file with the Insurance Administration.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
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Other New York bonds.
TPA bond, issued today.
Five-minute application, flat 3%, $275 minimum. Enter the amount your registration requires and file the same day.