The State of Texas Department of Insurance requires the Texas Reinsurance Intermediary Bond for all those seeing to get a reinsurance broker license. The Texas Reinsurance Intermediary Bond is required to be in the amount of $100,000 for a Reinsurance Intermediary Broker or $250,000 for a Reinsurance Intermediary Manager. The Texas Reinsurance Intermediary Bond is an essential part of the application for the Reinsurance Intermediary License. The Department of Insurance requires this bond to be on file. Without it, the Department will not grant a license under any condition.
Applicants must fill out three forms: Application for Reinsurance Intermediary License, Reinsurance Intermediary Biographical Affidavit and Agent for Service of Process. They must also pay the application fee of $500 and present their surety bond.
Complete our easy to navigate online application. Within one business day, one of our licensed agents will contact you with a no-obligation quote for your bond (the “premium”). Once any necessary paperwork is signed and the premium payment is processed, your surety bond will be shipped to you via USPS Priority Mail (overnight shipping options also available).
The surety bond experts at Surety1 are here to help you get bonded quickly and reliably. We work with over a dozen “A” rated surety markets to ensure we find you the lowest rate for your bond. We are also licensed in all 50 states and maintain an A+ rating by the Better Business Bureau.