Insurance License Hub

The Minnesota Self-Insurance or Insurance Plan Administrator license

Self-Insurance or Insurance Plan Administrator

Minnesota's third party administrator license, and the state gives it a wider name than most: it covers anybody who administers a self-insurance or insurance plan for compensation and anybody who sells risk management services to design one.

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 Satisfy the commissioner on organization, background, expertise and financial integrity

    No state exam for this license

    What the applicant must show

    • The necessary organization, background, expertise and financial integrity to supply the services applied for, with no period, hour count or examination set on any of the four

    and a written statement of what is being applied for

    • A written statement of the type of activities the applicant seeks authorization to engage in and the type of services it seeks authorization to provide, which the commissioner may then license subject to restrictions or limitations

    and a guarantee or a bond

    • An unlimited guarantee from a parent corporation, or, in its place, a surety bond in a form satisfactory to the commissioner equal to 120 percent of the total claims the applicant handled in the prior year, to be increased as soon as a year's claims exceed the amount it was calculated on

    Minn. Stat. 60A.23, subd. 8(3) is the license and the fee is the striking part: $1,500 to apply and $1,500 for each three-year renewal, on a three-year term, where an individual producer pays $50 for two years. Subdivision 8(1) is six exclusions and they decide who needs it: an authorized insurer, a service plan corporation, a health maintenance organization, an employer running a plan for its own employees, an entity administering a program of health benefits established by collective bargaining, and an entity administering a plan insured by a licensed Minnesota insurer that has appointed it as one of its licensed agents here. Subdivision 8(2)(a) then defines the work as processing, reviewing or paying claims, establishing or operating funds and accounts, or otherwise providing necessary administrative services. The link back to the adjuster chapter is written both ways: 72B.03, subd. 1(b)(13) excuses a person authorized to adjust workers' compensation or disability claims under this license from the adjuster license, and 72B.03, subd. 2(c) excuses an adjuster from this one, so long as the adjuster stays away from life, health and annuity claims other than disability. Washington's Office refuses to issue a TPA license at all and sends the applicant to its adjuster license instead; Minnesota issues both and lets each stand in for the other.

    Read at revisor.mn.gov on 2026-08-19

No national seller sells a course for this license, and nothing could: the license is granted on the commissioner's satisfaction with an applicant's organization, background, expertise and financial integrity, and chapter 60A puts no examination and no course anywhere near it.