The bond a North Dakota third party administrator files with the Insurance Department to hold a certificate of authority. Under N.D.C.C. ch. 26.1-27 the Commissioner sets the amount — generally the greater of $100,000 or 10% of the coverages you administer in North Dakota — and we issue it at a flat 3% with no credit check.
















Enter your amount, pay, and file with the Insurance Department. Larger amounts may get a quick review. Here is the whole thing:
Your business details, the bond amount the Commissioner set, 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 underwriter review.
Submit the executed bond with your certificate of authority application or renewal. Wet-ink originals mailed whenever the Department insists.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the Commissioner set and the premium updates.
North Dakota regulates third party administrators — businesses that collect premiums or adjust and settle claims for insurers or self-funded plans — under N.D.C.C. ch. 26.1-27. You can't act as an administrator without a certificate of authority from the Insurance Department, and the bond is part of that filing.
The bond is for the protection of the Commissioner and the people whose premiums and claims you handle. If an administrator mishandles funds or fails to perform, the harmed parties can recover against the bond — and if the surety pays, you repay the surety.
The Commissioner sets the amount, generally the greater of $100,000 or 10% of the aggregate coverages you administer in North Dakota, and can adjust it as your book changes. Note that a fidelity bond does not satisfy this requirement — it must be a surety bond. Enter the figure on your notice and we issue it at a flat 3% with no credit check.
Submit the application with the bond amount the Commissioner set — the executed bond is generated quickly, ready to file with the Insurance Department.
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 the Commissioner set and file with the Insurance Department.