WI third party administrator bonds.
$750 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 $750 flat, 3% of the bond amount.
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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.
Reviewed & approved
Most of these clear quickly; if underwriting needs anything, you hear from an underwriter within 48 hours.
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.
The whole pricing page.
$25,000 bond × 3% = $750, one-time per term. If the OCI set a higher amount, the premium is a flat 3% of that figure.
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
Five minutes. The whole thing.
These are the actual issuing fields. Submit once and your bond is typically issued within 1–2 business days.
Start the application →Common questions.
If yours isn't here, the bond team can usually answer within the hour.
How much is the Wisconsin TPA bond? +
Do I pay the $25,000? +
Why might my amount be higher than $25,000? +
Is there a credit check? +
When does it renew? +
Other New York bonds.
File your OCI administrator bond today.
$750 flat at $25,000, five-minute application, e-signed bond in 1–2 business days. Free until issued.