Third Party Administrator (TPA) Registration

1. the Commissioner has granted a waiver;
2. the applicant only administers plans under which benefits are paid only from the general
   assets of an employee organization or of an employer; or
3. the applicant is a corporation organized and authorized under the laws of the United States or a state to do business as an insurer or to exercise trust powers, is subject to supervision or examination by a federal or State authority, and continuously maintains combined capital and surplus in excess of $1,000,000.

The amount of the bond is determined at the time of application for registration or renewal, and is based on the average amount of money that the administrator or its predecessor handled in the prior year, and expects to handle in the current calendar year. The amount of the bond must be equal to at least 10% of the average amount of money that the administrator expects to handle at any one time for all plans administered during the year. The minimum bond amount is $5,000 and the maximum amount is $500,000. Refer to the Limited Lines Supplement form for guidance.

• pay the applicable fee of $250.00;
• complete and submit the NAIC Uniform Application;
• complete and submit the Maryland Insurance Administration Limited Lines Supplement;
• submit a current Surety Bond in the amount determined per the Limited Lines Supplement form.

​The registration term is for two years and all licenses expire June 30th of every other year. TPA Registrations may be renewed up to 90 days prior to the expiration date.

The fee to renew a Third Party Administrator Registration is $65. This includes the $50 renewal fee and
the $15 fraud prevention fee.

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Applications may be submitted via:

• online through NIPR ( www.nipr.com). A confirmation email will be sent to the email address provided on the application when your online application has been received. Make note of the transaction number so you may reference this when sending additional documents or inquiring for status.
• or paper application, along with the fees and any additional documents, should be mailed to:
  
  The Maryland Insurance Administration
  Attn: Producer Licensing
  200 Saint Paul Place, Suite 2700
  Baltimore, Maryland 21202

Maryland Insurance Administration Limited Lines Licenses and Registrations Supplement
Maryland Insurance Administration Form For A Business Entity To Update Owners, Partners, Officers, Directors, Members or TPA Principals
Third Party Administrator Surety Bond Template (copy of bond policy or continuation form may be used)
Third Party Administrator Fraud Plan Packet (requirement for submission of fraud plans under to HB 142)

Note: Regardless of who completes the application, the license applicant is ultimately responsible for the contents of the application and must provide accurate and complete information (if the application was completed by someone other than the applicant, the person who completes an application may also be held responsible for the contents of the application). An application that fails to disclose or fails to provide accurate information may result in the DELAY and/or DENIAL of the application. If your license has already been issued and it is later discovered that the information contained in your application is not true, correct, or complete, your license may be REVOKED and you may be subject to monetary PENALTIES (if the application was completed by someone other than the applicant, the person who completed the application may also be subject to administrative action). If in doubt, disclose.