Insurance License Hub

The Alaska Third-Party Administrator license

Third-Party Administrator

Administers claims, premiums or benefits for somebody else’s insurance. Qualified on two years of accountant-certified solvency and a staffing plan, with no examination, and the statute prices it at $2,000 where the fee regulation still says $300.

Course

None

This license has no pre-licensing course route.

Ways in

1

There is no state exam for this license.

Exam

n/a

Not required on any of the routes below.

Every way to qualify

  1. Route 1 Show the working experience and file the financial statements and business plan

    No state exam for this license

    • Active working experience in administrative functions that in the director’s opinion exhibits the ability to competently perform the administrative functions of a third-party administrator, together with certified financial statements for the preceding two years prepared by an independent certified public accountant establishing solvency and that the applicant’s accounting and internal control is operating effectively, and a business plan detailing staffing levels and the capability to provide enough experienced and qualified personnel in claims handling, underwriting and record keeping

    AS 21.27.640(b) is a nine-paragraph list and the two that carry the weight are (2) and (7)(D) and (E): active working experience in administrative functions in the director’s opinion, certified financial statements for the preceding two years prepared by an independent certified public accountant establishing solvency, and a business plan detailing staffing in claims handling, underwriting and record keeping. AS 21.27.060(d)(3) excuses the compliance officer of a third-party administrator from the examination by name, so no paper stands in front of this license. The fee is where the documents disagree. AS 21.27.640(e) says $2,000 initial and $2,000 to renew every two years; 3 AAC 31.020(a)(5) still prices a third-party administrator registration at $300. The statute is both the higher authority and the later enactment, so this site prints the statutory figure and records the regulation’s disagreement rather than resolving it silently. AS 21.27.010(c) is worth knowing beside it: a third-party administrator that only investigates and adjusts claims and holds an independent adjuster license does not also need a managing general agent license.

    Read at the Department on 2026-08-18

No national seller sells a course for this license. Nothing could: Alaska excuses this license from the examination by name and qualifies it on an accountant’s certificate and a staffing plan.