Third Party Administrator (TPA)
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 Laws and Regulations
Fees
Initial: $500.00
Reinstatement: $500.00
Renewal: $450.00
No pro-rating, non-refundable application fee.
Duration
One (1) year – Renews September 30th EVERY year.
How to Apply
TPAs must either be licensed or registered with the Department.
- How to License: All licensing is through the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
- How to Register: Entities exempted by statute from TPA licensure, but perform some TPA service must register with the Department. A list of exemptions for licensure may be found on the TPA registration form.
How to Renew
- Renewal notices are EMAILED about 90 days before the expiration date.
- Apply on the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Renew an Existing License.”
- For TPA Register – Contact: cid.tpa@ct.gov
How to Amend Lines of Authority
Not applicable.
How to Reinstate a License
TPAs must either be licensed or registered with the Department.
- How to License: All licensing is through the National Insurance Producer Registry (NIPR). Under Licensing Center, select “Apply for a New License.”
- How to Register: Entities exempted by statute from TPA licensure, but perform some TPA service must register with the Department. A list of exemptions for licensure may be found on the TPA registration form.
How to change License information (ie.: demographics)
- TPA License – Update your License Information
- TPA Register – Contact: cid.tpa@ct.gov
Print a copy of the license
- TPA License – Search and print a license
- TPA Register – Contact: cid.tpa@ct.gov
Initial Education Requirements
Third Party Administrators Information
Waivers due to Designations
Not applicable.
Renewal Continuing Education (CE) Requirements
Third Party Administrators Information
Cancel License
Contact: cid.tpa@ct.gov
