Obtain Arkansas (AR) Third Party Administrator (TPA) [Insurance] License Practic

1. Proxsoft LLC Web URL: https://www.proxsoft.us Email ID: sales@ proxsoft.us Ph. No.: +1 (302) 591-7836 Address: 8 The Green, Suite A Dover, Delaware – 19901, USA Obtain Arkansas (AR) Third Party Administrator (TPA) [Insurance] License Practice Course About the Service:The guided study system features hands-on skills and drills developed by leading IT experts. Customizable tests allow you to focus on your weakest areas. Electronic flashcards help reinforce key concepts. Whether you are studying at home or traveling, Exam Mastery gets you ready for exam-day success! The program will calculate their score/percentile on the same questions that will appear on the actual certification exam when taken at the testing center. With that information, you'll be able to prepare yourself for what's ahead in your exam. Prepare for your certification exam with a targeted, self-paced learning program. Exam Learning Program is an easy-to-use online program designed to help you prepare for your exam and then increase your chances of passing it. Accessing URL of Practice Exam: https://proxsoft.us/product/study-arkansas-ar-third-party-administrator-tpa-[insurance]-license- practice-course-proxsoft/ License Description: Third Party Administrators operate and administer self- insured plans, multiple employer trusts, and multiple employee welfare arrangements for a fee, commission or other charge. Such plans provide life and accident/health/sickness coverages to residents of this State. The TPA's administrative duties under contract to such plans include charging and collecting premiums from persons covered by the plan for immediate deposit into a plan bank account; keeping books and records on plan business, including accounting for premium payments in the plan's bank accounts; buying reinsurance contracts to protect plan assets; and settling and paying medical and death claims against the plan. TPA's who must register with the State do not include an employer administering an employee plan, trade unions, insurance companies, or insurance agents or adjusters. Requirements: 1) Must be competent, trustworthy, and financially responsible. 2) Must not be a convicted felon. 3) Must post $25,000 surety bond (some exceptions). 4)

2. Proxsoft LLC Web URL: https://www.proxsoft.us Email ID: sales@ proxsoft.us Ph. No.: +1 (302) 591-7836 Address: 8 The Green, Suite A Dover, Delaware – 19901, USA Must have service or administration contracts with at least one plan with Arkansas enrollees. Initial Registration fee: $100.00, Renewal fee: $100.00 Licensing Agency: Arkansas Department of Commerce Arkansas Insurance Department License Division, 1 Commerce Way, Suite 104 Little Rock, AR 72202-2087 (501) 371 2750 insurance.license@arkansas.gov www.insurance.arkansas.gov/pages/industry-regulation/licensing/