{"id":522,"date":"2013-03-11T02:29:09","date_gmt":"2013-03-11T02:29:09","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=522"},"modified":"2017-01-03T16:20:42","modified_gmt":"2017-01-03T16:20:42","slug":"arizona-managing-general-agent-bond","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/arizona-managing-general-agent-bond\/","title":{"rendered":"Arizona Managing General Agent Bond"},"content":{"rendered":"<p>In Arizona an insurance managing general agent must provide an <strong><a title=\"Surety One commercial surety page\" href=\"https:\/\/suretyone.com\/commercial-surety-bonds\" target=\"_blank\">Arizona managing general agent bond<\/a><\/strong> and be approved by the <a title=\"AZ DoI\" href=\"http:\/\/www.id.state.az.us\/\" target=\"_blank\">Arizona Department of Insurance<\/a>. \u00a0Arizona statute defines a managing general agent as\u00a0an individual or business entity utilized by an insurer that produces and underwrites an amount of gross premium that is at least five percent of the insurer&#8217;s policyholder surplus reported on the insurer&#8217;s last quarterly or annual statement, and that either adjusts or pays claims or negotiates reinsurance on behalf of the insurer. \u00a0The Arizona <strong>bond of a managing general agent<\/strong> is written on form &#8220;<a title=\"MGA Bond form\" href=\"http:\/\/www.azinsurance.gov\/producers\/forms\/form_l-106.pdf\" target=\"_blank\">L-106<\/a>&#8221; and serves as a &#8220;protection for insureds or insurers whose monies the managing general agent handles&#8221;.\u00a0The nation\u2019s surety leader,\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">Surety One, Inc.<\/a>, is a specialist in the bonding needs of the financial services sector. \u00a0We will issue these\u00a0<em>surety bonds\u00a0<\/em>for ALL experienced MGA applicants in every state that requires bonding of managing general agencies. We also offer superlative\u00a0<a title=\"Surety One fidelity bond page\" href=\"https:\/\/suretyone.com\/fidelity-bonds\" target=\"_blank\">fidelity bond<\/a>\u00a0coverages to protect against losses due to employee dishonesty. \u00a0Visit the surety leader at\u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\/\" target=\"_blank\">SuretyOne.com<\/a>, call\u00a0<span style=\"color: #ff0000;\">(787) 333-0222<\/span>\u00a0or\u00a0<span style=\"color: #ff0000;\">(800) 373-2804<\/span>, or email\u00a0<span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span>, for an <strong>Arizona bond of a managing general agent<\/strong>\u00a0application or information about any bond product.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In Arizona an insurance managing general agent must provide an Arizona managing general agent bond and be approved by the Arizona Department of Insurance. \u00a0Arizona statute defines a managing general agent as\u00a0an individual or business entity utilized by an insurer&#8230; <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/arizona-managing-general-agent-bond\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[139],"tags":[633,636,632,635,634],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Arizona Managing General Agent Bond &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/arizona-managing-general-agent-bond\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arizona Managing General Agent Bond &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"In Arizona an insurance managing general agent must provide an Arizona managing general agent bond and be approved by the Arizona Department of Insurance. \u00a0Arizona statute defines a managing general agent as\u00a0an individual or business entity utilized by an insurer... 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