Oklahoma reinsurance intermediary bonds.
Quote on review.
Oklahoma can require a reinsurance intermediary manager to file a surety bond for the protection of the reinsurer, under Title 36 O.S. § 5103. The Insurance Commissioner sets the amount — there is no single fixed statutory figure — and we issue whatever amount you are asked for, with your price confirmed on review. The application collects no credit information.
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How much does an Oklahoma reinsurance intermediary bond cost?
It is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.
Three steps. One sitting.
Enter your amount, we confirm your price, then you pay and file with the Insurance Department. Here is the whole thing:
Apply online
Your business entity details, the bond amount the Commissioner required, and the effective date — that is the entire application.
Reviewed and priced
The application collects no credit information. We confirm your price, typically within a day for larger amounts.
File with the Insurance Department
Submit the executed bond to the Oklahoma Insurance Department with your reinsurance intermediary license. Wet-ink originals mailed whenever they insist on them.
What it is and who needs it.
What the bond actually covers
A reinsurance intermediary places reinsurance — coverage that insurers buy to spread their own risk. Oklahoma licenses these intermediaries through the Insurance Department under Title 36 O.S. §§ 5101 et seq., distinguishing a reinsurance intermediary broker (acting for a ceding insurer) from a reinsurance intermediary manager (acting for a reinsurer).
Under Title 36 O.S. § 5103, the Insurance Commissioner may require a reinsurance intermediary manager to file a bond from an insurer acceptable to the Commissioner for the protection of the reinsurer, and to maintain an errors-and-omissions policy. The statute leaves the amount to the Commissioner rather than naming a fixed figure — so the required amount comes from the Insurance Department, not a number we make up.
The bond stands behind the intermediary’s obligations to the reinsurer it represents. It is not insurance for you: if the surety pays a claim, you repay the surety. Enter whatever amount the Commissioner set, and we confirm your price on review — the application collects no credit information.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
Term and renewal are set in the underwriter's quote.
Keep the bond in force for as long as the obligation behind it runs.
How to file it
File with the Insurance Department. Submit the executed bond to the Oklahoma Insurance Department with your reinsurance intermediary license. Wet-ink originals mailed whenever they insist on them.
What sets the price
This bond is underwritten: the premium is quoted from the bond amount and your financial picture, so there is no flat price to show.
One application, priced on review.
Submit the application with the bond amount the Commissioner set — we confirm your price, then the executed bond is ready to file with the Insurance Department.
Start the application →Common questions.
Other Oklahoma bonds.
Requirements checked on the carrier’s application, . Page updated .
Reinsurance intermediary bond, issued today.
Price confirmed on review. Enter the amount the Commissioner set and file the same day.