OH reinsurance intermediary bonds.
$1,500 flat. Five minutes.

The Ohio Department of Insurance asks a reinsurance intermediary to file a $50,000 bond (alongside errors-and-omissions coverage) to get licensed. Ours is $1,500 flat — 3% of the bond amount, the same for every applicant. License bonds like this are the fastest thing we issue.

Filed with the Ohio Department of Insurance for a reinsurance intermediary-broker or intermediary-manager license
Fixed price, fixed amount — $50,000 bond, $1,500, no quote process
Multi-year terms available — set it up once, forget it for up to 3 years
A-ratedA.M. Best carriersFastoften same purchase1–3 yrterms available
Trusted by industry leaders
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Three steps. One sitting.

License bonds are the simplest thing in surety. Here's the entire process:

NOW · 5 MINUTES

Apply online

Business details and an effective date. That's the application — no financials, no credit check section, no follow-up scavenger hunt.

MINUTES, USUALLY

Pay & e-sign

License bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with your license application

Your executed bond and power of attorney arrive by email, ready to file with the Ohio Department of Insurance. Wet-ink original mailed on request.

The whole pricing page.

$50,000 bond × 3% = $1,500, one-time per term. Fixed amount, fixed price, multi-year if you want it.

1-year term
$1,500
2-year term
$3,000
3-year term
$4,500
About this bond

What it is and who needs it.

What the bond actually guarantees

Ohio licenses reinsurance intermediaries — both intermediary-brokers and intermediary-managers — through the Department of Insurance under the reinsurance intermediary provisions of ORC Chapter 3905 and the superintendent's rules. A reinsurance intermediary-manager has authority to bind or manage a reinsurer's assumed reinsurance business, which is exactly why the state wants a financial backstop.

As part of licensing, the Department asks for a $50,000 surety bond for the protection of the reinsurer the intermediary serves, together with errors-and-omissions coverage. The bond is a three-party arrangement: you (the principal), the surety, and the reinsurer / Department as the protected parties.

The bond must stay active for the life of your license. Let it lapse and your license is at risk — so we track it and notify you 60 and 30 days out, keeping your $50,000 filing continuous. If the surety pays a claim, you repay the surety.

OAC 3901-3-09 / ORC 3905 (reinsurance intermediaries)Ohio licenses reinsurance intermediary-brokers and intermediary-managers through the Department of Insurance under ORC Chapter 3905 and Ohio Administrative Code 3901-3-09. The Department's licensing requirements call for a surety bond of at least $50,000 (for the protection of the reinsurer) plus evidence of errors-and-omissions coverage. Confirm the current bond amount and form on your Department of Insurance license application.

You need this bond if you're

Applying for a reinsurance intermediary-broker license with the Ohio Department of Insurance
Applying for an intermediary-manager license that binds or manages a reinsurer's assumed business
Renewing your intermediary license and your bond is expiring or your surety non-renewed
A nonresident intermediary getting licensed to place reinsurance for Ohio-domiciled reinsurers

Five minutes. The whole thing.

These are the actual issuing fields — no credit check section, because this bond doesn't have one.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Ohio reinsurance intermediary bond? +
The premium is $1,500 — a flat 3% of the $50,000 bond amount, the same for every applicant. There is no quote process; the price is the math.
Do I pay the $50,000? +
No. You pay $1,500. The $50,000 is the surety's maximum liability if a valid claim is made against the bond — not a deposit, and nobody holds your money.
Do I also need errors-and-omissions coverage? +
Generally yes — the Department of Insurance asks reinsurance intermediaries for both the surety bond and evidence of E&O coverage. The E&O policy is separate from this bond; we issue the $50,000 surety bond.
Is there a credit check? +
Not on this bond — the application has no credit section at all. Fixed-amount license bonds like this one don't need one.
When does it renew? +
The bond must stay active for as long as you hold the license. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your license never lapses over a missed email.
Related bonds

Other New York bonds.

Finish your license checklist today.

$1,500 flat, five-minute application, bond often issued in the same sitting. Free until issued.

Your premium @ 3%$1,500
Apply now →