This surety bond is required by the State of Wyoming Insurance Commissioner. The required bond amount varies. A Third Party Administrator is one who processes insurance claims or certain aspects of employee benefit plans for a separate entity. This is like outsourcing the administration side of a claim. The bond helps ensure that the money of the business or person will be handled properly. In most cases, the premium on this bond is as low as 1%.
To Attain a Wyoming Third Party Administrator Surety Bond:
- Complete an online application.
- One of our expert commercial surety agents will call and email you with the firm quote and an agreement to sign.
- Provide payment and your signed agreement, then you will receive your bond!
** all bonds are subject to the underwriting terms and conditions of the issuing company.