Insurance License Hub

The Hawaii Third Party Administrator license

Third Party Administrator

Collects premiums or settles claims on Hawaii residents for self-insurance, stop loss, life or health coverage. The bond triples at the first renewal, from $100,000 to $300,000, and it cannot be cancelled until two years after the administrator stops administering.

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 Apply, on two years of statements and a bond that grows

    No state exam for this license

    A positive net worth over two years

    • Annual financial statements for the two most recent years proving the applicant has a positive net worth, with whatever else the commissioner requires to review the applicant's current financial condition

    and who runs the applicant

    • The names, addresses, official positions and professional qualifications of every individual responsible for the conduct of the administrator's affairs, including all members of the board of directors, board of trustees, executive committee or other governing board, the principal officers of a corporation or the partners of a partnership, together with the basic organizational documents and the bylaws or similar documents regulating internal affairs

    and the surety bond, and what it becomes

    • A surety bond of at least $100,000 through the first licensing biennium and at least $300,000 at every renewal after it, in a form and penal sum acceptable to the commissioner, enforceable in the name of the Commissioner of Insurance, State of Hawaii, and not cancellable or otherwise terminable until two years have elapsed from the last day the applicant was an administrator unless the commissioner consents in writing beforehand

    431:9J-102(b) is the application and 431:9J-103 the money. The bond is the provision worth carrying: it starts at $100,000, becomes at least $300,000 at the first renewal and stays there, and 431:9J-103(a) forbids cancellation or termination "until two years have elapsed from the last day the applicant was an administrator" without the commissioner's prior written consent, so it outlives the license by two years. Maine's third party administrator bond is a fidelity bond sized on money handled and capped at $1,000,000; Idaho asks for audited statements and no bond at all. 431:9J-102(d) is the line between this license and a producer license and it runs both ways: an administrator employing or contracting individuals to sell, solicit or negotiate insurance must have them licensed as producers first, and an administrator intending to solicit contracts itself must be licensed as a producer itself. 431:9J-102(c) gives thirty days to report any material change in ownership, control or contact person. The Division exempts the third party administrator applicant from fingerprinting, alone among the licenses on its own instructions page. No examination and no course.

    Read at capitol.hawaii.gov on 2026-08-19

No national seller sells a course for this license. The license is granted on two years of financial statements and a surety bond, and there is nothing in it a course could prepare anybody for.