Third Party Administrator (TPA) License & Registration

Definition

THIRD PARTY ADMINISTRATOR (TPA) – An entity that collects premiums, underwrites, adjusts or settles claims on behalf of a life, annuity or health insurer.

Applicable Statutes

C.G.S. §38a-720 – see Title 38a* Insurance

Fees

TPA License Initial: $500.00
TPA License Reinstatement: $500.00
TPA License Renewal: $450.00

TPA Registration Initial: only the NIPR transaction fee
TPA Registration Reinstatement: only the NIPR transaction fee
TPA Registration Renewal: only the NIPR transaction fee

No pro-rating, non-refundable application fee.

Duration

TPA License: One (1) year – Renews September 30th EVERY year.
TPA Registration: One (1) year – Renews September 30th EVERY year.

How to Apply

TPAs must either be licensed or registered with the Department.

TPA License:

TPA Registration:

How to Renew

Renewal notices are EMAILED about 90 days before the expiration date.

TPA License:

TPA Registration:

How to Amend Lines of Authority

Not applicable.

How to Reinstate a License

TPAs must either be licensed or registered with the Department.

TPA License:

TPA Registration:

How to change License information (ie.: demographics)

Print a copy of the license

Initial Education Requirements

Not applicable.

Waivers due to Designations

Not applicable.

Renewal Continuing Education (CE) Requirements

Third Party Administrators Information

Cancel License

License Voluntary – Surrender Request

Important Information

TPA license and TPA Registration FAQs