The Target Markets Program Administrators Association (TMPAA) fourth annual survey research project on the size and dynamics of the program business market is in the final weeks of survey collection.
Last year the survey identified the program business distribution strategy as the fastest growing segment of the commercial insurance market. The survey estimated that program administrators generated nearly $27.4 billion of annual premium revenue in 2012, up from $24.7 billion in 2011. Results of the current study will be presented at the annual TMPAA Summit meeting in Scottsdale, AZ (Oct. 20-22), which is expected to draw over 800 Program Business Professionals.
The study is seeking information from program administrators, managing general agents, wholesale and retail brokers and insurance carriers. In addition to the industry benchmark data collected consistently since the research begin, the 2014 study focuses on gathering data on the compensation and recruitment of underwriting professionals. It also seeks new data on marketing expenditures and the use of social media by program administrators.
The study is conducted by the research firm Advisen and leverages Advisen data on policies, premiums, coverage and losses.
PROGRAM ADMINISTRATORS: Click here to take the survey.
CARRIERS: Click here to take the survey.
Click on the company name below to learn more about the 2014 research sponsors.
Allied World Assurance Company • Berkley Custom Insurance Managers • Chubb Group of Insurance Companies • Fireman’s Fund Insurance • Ironshore • QBE