Wisconsin third party administrator bonds.
$250 flat.
A Wisconsin third party administrator that handles insurance plan funds must show financial responsibility under Wis. Stat. 633.14 — commonly a $25,000 surety bond filed with the Office of the Commissioner of Insurance (OCI). At the $25,000 figure, ours is $250 flat — the price you see is the checkout price, set by our carrier’s rate book.
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How much does a Wisconsin third party administrator bond cost?
$250 at the $25,000 amount, the same for every applicant.
Three steps. One sitting.
Your TPA license filing is waiting on this bond. Here's the entire process:
Apply online
Business details, owner information, and the OCI-required bond amount — that is the application.
Approved
Approved as soon as you apply. There is no underwriting queue.
E-sign & file with the OCI
Pay online and receive the executed bond, ready to file with your Office of the Commissioner of Insurance administrator license. Wet-ink originals mailed on request.
What it is and who needs it.
What the bond actually guarantees
A third party administrator (TPA) handles money and claims for someone else’s insurance or benefit plan — collecting premiums, paying claims, or administering accounts. Wisconsin licenses administrators through the Office of the Commissioner of Insurance under Wis. Stat. 633.14 and conditions the license on proof of financial responsibility.
The bond is a fidelity-style guarantee standing behind your honest handling of plan funds. It runs in favor of the state and the plans and parties you administer for; if a TPA mishandles the funds it holds and someone is harmed, they can recover against the bond.
It is not insurance for you — if the surety pays a claim, you repay the surety. The common minimum is $25,000, but the OCI can require a higher amount depending on whether you collect premiums, pay benefits, or hold client funds. Confirm your figure on your OCI letter and we’ll match it.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A court bond answers to the court and the party its order protects: if the judgment or order the bond secures is not satisfied, that party can claim against it, up to the penal sum the court set.
The surety pays a valid claim after the court rules, and you repay the surety. A court bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose; a longer term is the same price per year, chosen at checkout.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
E-sign & file with the OCI. Pay online and receive the executed bond, ready to file with your Office of the Commissioner of Insurance administrator license. Wet-ink originals mailed on request.
What sets the price
The premium is fixed at $250 at the $25,000 amount for every applicant: the carrier’s rate book prices this bond by the form, not by your credit or your business profile.
No credit check.
One application, issued instantly.
These are the actual issuing fields. Submit once and your bond is issued when you pay.
Start the application →Common questions.
Other Wisconsin bonds.
The same bond in nearby states.
Been told you need a different amount?
Price and requirements checked on the carrier’s application, . Page updated .
File your OCI administrator bond today.
$250 flat at $25,000, no credit check, bond issued when you pay. Free until issued.