Items filtered by date: November 2017

January 22, 2018 - A South Carolina school district has sued an insurance brokerage and several insurance companies, saying the district was sold excessive policies and charged too much.

January 22, 2018 - Eight months after Chief Executive Officer Brian Duperreault took over and began to undo his predecessor’s retrenchment strategy, the company announced a $5.56 billion, all-cash deal to purchase Bermuda reinsurer Validus Holdings Ltd., its largest standalone acquisition in 17 years.

January 22, 2018 - Liberty Mutual realigns domestic and global P&C operations Liberty Mutual has entered into a definitive agreement to sell Liberty Life Assurance Company of Boston (the Life Company) to Lincoln Financial Group for about $3.3 billion, the company has announced.

January 18, 2018 - Innovative Coverage Concepts LLC (ICC), a national wholesale broker and managing general agency, has announced an expansion of its wholesale operations under the leadership of Steven R. Gross, who has been appointed president of the wholesale division.

January 17, 2018 - Uniondale, NY — Gramercy Risk Holdings (“Gramercy”), a New York-based insurance programs management platform has raised an undisclosed amount of equity capital. Proceeds will fund Gramercy’s acquisition and capitalization of a shell insurance company to pair with its existing management company, Gramercy Risk Management.

January 17, 2018 - Brit Global Specialty USA has appointed Rich Hartman as senior vice president, Construction Professional.

January 17, 2018 - AmWINS group has named Scott Purviance as the company’s chief executive officer, effective May 01, 2018.

January 16, 2018 - Risk Placement Services (RPS) has announced the opening of a branch office in Hopkinton, Mass. RPS is a managing general agent, underwriting manager and nationally focused wholesale insurance broker.


January 2018 


2018 Mid-Year Meeting


May 7-9 | Baltimore, MD 

Program business professionals are converging in Baltimore, May 7-9. Position yourself to grow and improve your business by attending the 2018 Mid-Year Meeting, providing access to 60+ program carriers, elite service providers, the London Markets, reinsurance support, program development and distribution resources and a myriad of networking opportunities.

Keynote Speaker: Michael Lewis
Financial journalist and New York Times best-selling author 

Industry Speaker: Vincent Tizzio
President & CEO, Navigators Management Company

Wednesday General Session: Robert P. Hartwig, PhD, CPCU
Clinical Associate Professor, Finance Department & Director, Center for Risk & Uncertainty Management, Darla Moore School of Business, University of South Carolina

Click here for full meeting information.


Become a TMPAA Best Practice Agency

A core element of the Association’s mission is to promote excellence in Program Administration. 

Visit the Best Practice page of the TMPAA website to watch a short video and learn how you can gain recognition as a best-in-class operation at the 2018 Mid-Year Meeting.




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. 

Target Markets has partnered with Insure Learn to provide association members with a best-in-class, comprehensive online cyber security awareness training program for their employees.  The program course curriculum includes 11 focused, bite-sized courses that range from 5 to 10 minutes seat time. CyberSecure will be available on a per user subscription model and includes management reporting, cyber alerts, and ongoing course updates.  A Simulated Phishing Platform will be added as a future enhancement along with recurrent testing.  Watch this short video to learn more

Send Your Program Info to 100,000 Agents

Start the year off 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!


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.

Since the initial study seven years ago, program business insurance revenues more than doubled. The first study reported $17.5 billion in commercial insurance premium revenue in 2010.

Click here to read more about the results and access the full report (available to members).

COMING SOON: AM Best Program Business Study video panel discussion.




XDimensional Technologies is a solution provider for Specialty Carriers, Program Administrators, MGAs, Insurance Wholesalers, and Retail Agencies. We deliver comprehensive solutions, designed around your needs, that connect, integrate, and empower employees, distribution partners, and insured's, making your business more productive, and  successful. Choose from multi-channel automated submissions, rule's based underwriting, rating, quoting, and policy issuance, GL, accounting, billing and commissioning, reporting and analytics, CRM, Portals, Document Management, eSignatures, or custom components, for your solution.

Click here to learn more about our solutions.

Contact:  Bob Juracka, EVP Business Development 

We will spotlight your company on request. Please contact Monica at



Happy New Year!


Target Markets remains the association dedicated to program administration.

Here are some Association resources to help you continue to grow and prosper in the new year:


New Members


Program Administrators 

Axon Underwriting Services, LLC
Doug Gahagan

Roland Rauduve


Nathan Terrazas



Member News


Fourteen Associates Earn New Designations At Glatfelter Insurance Group

Pioneer Underwriting's Marine Division Sets Sail

Old Republic in Illinois Names Lange Senior Vice President

Energy Property Broker Batten Joins All Risks Ltd. in Dallas

Pennsylvania’s NSM Insurance Group Hires Meuret

Appulate’s Co-Founder and President Awarded By Finance Monthly’s Fintech Awards

DUAL Commercial Launches New CyberTech Defense Product

Distinguished Programs Launches New Historic Properties Insurance Program

Greene & Associates Announces Hiring of Theresa Del Priore as Sales Manager

Martin & Company Announces an Expansion of Services, Life & Health and Employee Benefits Consulting

CNA and Aon Affinity Partner on Dentist’s Advantage Insurance Program

Read more stories and submit your news today!


January 12, 2018 - General Star Management Co. has launched an online individual real estate appraisers program. General Star will partner with Norman-Spencer Agency, Inc., the program administrator.

January 12, 2018 - QBE, Tangram collaborate to create janitorial insurance program QBE North America and Tangram Insurance Services have formed a strategic program alliance that will provide products to commercial building service companies.

BOSTON, January 10, 2018 — Xceedance, a global provider of insurance consulting, managed services, technology and data sciences,has named Travis MacMillian as the company’s chief business officer.