November 28, 2017 - Maritime Program Group Inc. (MPG) of Westbrook, Conn., has hired Matthew Roper as manager of its Commercial Recreational Marine program.
November 21, 2017 - Global insurer Hiscox has appointed Glenn Dorr as head of business development and broker relationships for North America within its London Market business.
November 17, 2017 - Markel Corp. has completed its previously announced acquisition of State National Companies, a specialty provider of property/casualty insurance services that operates two core businesses, program services and lender services.
November 6, 2017 - Accredited Surety and Casualty Company Inc., a subsidiary of Randall & Quilter, has entered into an agreement with Atlas General Insurance Services for its Western Trade Craft artisan contractor business focused on surety, commercial liability and inland marine coverages in Washington, California, Idaho and Nevada.
November 7, 2017 - NIF Group has partnered with Liberty Mutual Insurance Co. as the exclusive carrier for its Bowling Center Program.
17th Annual Summit
A Success in Scottsdale
More than 800 program professionals took advantage of opportunities to grow and improve their business by attending the 17th Annual Summit. The meeting featured an inspiring message from Space Shuttle Commander Captain Mark Kelly, the results of the 2017 Program Business Study and AmWINS CEO, Steven DeCarlo, speaking to the group about important industry trends. As expected, the Summit provided attendees unique access to decision makers in this growing industry segment and remains the only Association focused on program administration.
MMA Programs Awarded Best Practice Honors
Craig Moore (left), Program Production Executive and Daniel Huckemeyer, Principal & Director, Programs accept the Best Practice Designation for MMA Programs from Association President, Tony Campisi (right).
The TMPAA awarded MMA Programs the Association’s Best Practice Designation at the 17th Annual Summit in Scottsdale, AZ. ARA Insurance, Coastal Insurance Underwriters and Glatfelter Insurance Group were also recognized for completing the Best Practice Recertification, required every three years to maintain the integrity of the Designation. Read more...
11 Members Awarded CPL Designations
Pictured from left to right: Tony Campisi, TMPAA President; Bob Wooldridge, Kim Bushong Petrillo, Mark Lonneman, Daren D'Ippolito and Jack Russell.
The TMPAA recently recognized 11 members for attaining the Certified Programs Leader (CPL) Designation.
Tysers Trophy Awarded
Richard Hodge, Tysers, presents the Tysers Trophy at the Summit.
Dena Smith of Great Lakes General Agency was recognized as the Tysers Trophy recipient, earning a 10-day educational experience in London next year. Dena is the fifth person to receive this award.
17th Annual Summit
Program Business Premiums Topped $36 Billion in 2016
The financial performance of commercial property casualty insurance program administrators continues to outpace the performance of the overall property casualty insurance markets. Program business premium revenue increased by 11.7 percent reaching $36.1 billion in 2016, up from $32.3 billion in 2014.
Click here to read more about the results and access the full report (available to members).
_____ PODCAST _____
The Accelerating Change of the Insurance Landscape
With the changing landscape of the insurance industry fueled by new technology, additional capital and the reimaged approaches to the customer, what are the near-term and long-term impacts to Program Administrators. Listen to the panelists from the 17th Annual Summit provide insights into the evolution of the customer experience, life cycle management, claims administration and the technology impact of the value proposition for customers and distributors.
New Association Resource
The human element accounts for the majority of all cyber breaches. A small investment in employee training can have a big impact on your company’s cyber readiness. However, studies show that less than half of all companies have a formal cyber security training program in place.
IVANS Insurance Solutions
IVANS is the insurance industry’s exchange connecting more than 30,000 independent insurance agencies and 380 MGA and insurer partners. IVANS Markets provides insurers an industry-first application to instantly communicate appetite and identify new business opportunities with agencies. Leveraging this digital channel also reduces dependency on time-consuming, manual steps traditionally used to communicate appetite. IVANS Markets directs more in-appetite submissions into your pipeline to drive growth and profitability.
We will spotlight your company on request. Please contact Monica at email@example.com.
SAVE THE DATE
2018 Mid-Year Meeting
May 7-9 | Baltimore, MD
Argo Insurance Agency, Inc.
Paragon Insurance Holdings Adds Schmidt as Pest Control Program Underwriter in Florida
Send Your Program Info to 100,000 Agents
It's not too late to boost your end-of-year business with electronic ads from Target Programs. Contact us about scheduling an email distribution to our large agent database and including a Target Programs ad package in your 2018 marketing budget. Explore the options today!
November 3, 2017 - Insurance Business America Magazine (IBA), October 2017 issue, named Susan Preston as one of 5 women in the IBA Hall of Fame.
November 2, 2017 - Specialty insurance broker AmWINS Group reported that it has completed the previously-announced acquisition of 15 insurance programs from Willis Towers Watson. Terms were not disclosed.
November 1, 2017 - Paragon Insurance Holdings, LLC, a national multi-line specialty program manager, has added Justin Schmidt to the Paragon team as Program underwriter. He will be based in Orlando, Fla.
October 31, 2017 - AssuredPartners Inc. has acquired Synergy Professional Associates of Fairfield, N.J. Synergy is a managing general agent and wholesale insurance intermediary devoted to professional liability and program development.