April 1, 2013 - Everest Re Group, Ltd. wholly-owned primary insurance subsidiary, Everest Security Insurance Company, (ESIC) has entered into a definitive agreement with Arrowhead General Insurance Agency, Inc., a subsidiary of Brown & Brown, Inc.
Dear Target Markets Members and Friends,
This year, as we return to Baltimore, our conference will be bigger and better than ever; continuing to provide you with current market information coupled with opportunities to learn from your peer’s ideas and best practices to help you further develop, grow and succeed. As we move deeper into 2013, our industry will continue to be challenged by a sluggish to spotty economy, persistently low interest rates, and even more regulatory hurdles. Many believe, me included, that there are signs that the insurance market is hardening, but uncertainties remain. On the whole, Program Administrators are optimists and entrepreneurs. Uncertain and changing conditions bring about opportunities and, I am sure as you are reading this, you each have initiatives designed to take advantage of the changing market conditions. Our industry – the program business – is well-positioned to take advantage of these opportunities as they present themselves.
We are extremely pleased to welcome Admiral Mike Mullen as this year’s keynote speaker. Following a long and distinguished military career, Admiral Mullen was the 17th Chairman of the Joint Chiefs of Staff, making him the principal military advisor to the President, the Secretary of Defense, the National Security Council, and the Homeland Security Council. He will be sharing his perspective on the relationship between national security and the financial health of our nation. One area that I expect to be of great interest to all of our delegates will be a discussion of cyber threats that affect the insurance industry and business in general. You won’t want to miss this.
This year’s industry speaker is Seraina Maag, Chief Executive for North America Property and Casualty for XL Group. A dynamic change agent, one of Maag’s first initiatives upon joining XL in early 2010 was to tear down the walls of her corner office on the 21st floor of New York’s World Financial Center. She currently directs seven lines of business in America, Bermuda and Canada and has responsibility for XL’s global Excess Casualty and Surety Divisions. Maag was elected a Young Global Leader by the World Economic Forum (WEF) in 2009. I am personally looking forward to hearing her perspective on how the insurance industry can rise to meet the ever-changing demands of our marketplace while attracting a younger, more tech-savvy workforce.
The Target Markets Mid Year Meeting remains the premier networking event for Program Administrators, Insurance Companies, and the finest industry Vendors. We’re expecting more than 600 Program Business Professionals at this meeting, including decision makers from our 53 Program Carriers. Be sure you take full advantage of the many networking opportunities. We also have a return of our “town hall” sessions that were so popular at our last mid year meeting. Please be sure to check them out.
Finally, we would like to extend a sincere ‘thank you’ to our sponsors, whose generous support enables us to present this year’s meeting and workshops: Zurich, Wilson Elser, York Programs, QBE, Munich Re, Lexington Insurance, Tysers, Hudson Insurance, The Hartford, Oak Street Funding, Scottsdale Insurance, Western Heritage and Breckenridge Insurance Group.
I am looking forward to seeing you all in Baltimore.
David W. Springer
Check out the latest Member News!
Willis Launches Program for Dairy Farms
Click Here to read more stories.
Click Here to submit your Agency's/ Company's news release and we can post it for your Association peers to see.
Where Program Business Gets Done
One Month remaining until the TMPAA Mid Year Meeting
Are you registered?
May 6-8, 2013 - Baltimore
The TMPAA Room
Please register for the meeting and reserve your hotel room today.
We expect over 600 Program Business Professionals to attend this meeting, including decision makers from our 53 Program Carriers. The recent release of the 2012 Program Business Study and new Certified Programs Leader Designation continues to put the TMPAA at the epicenter of this industry segment. If you make your living in programs, you will want to attend the 2013 TMPAA Mid Year Meeting – “Where Program Business Gets Done.”
Click Here for complete information
The TM Women’s Networking Group is being developed to provide an additional business incubation and professional development forum for women members of the TMPAA. The group is also designed to promote leadership of women in the program industry segment and encourage women currently in these leadership positions to join and participate in the TMPAA.
The group's kickoff event will be a Women’s Networking Lunch at the TMPAA Mid Year Meeting in Baltimore. Mark your calendars for Tuesday, May 7 at Noon. Location TBA.
We want your ideas about how to use this opportunity and have created a forum on the Association's Linked In page to generate discussion.
Not already on Linked In? Join here.
Once you are signed up for Linked In, you can request to join the Target Markets Program Administrators Association group. From there, you can take part in the new TM Women’s Networking Group.
Already on Linked In? Click here to participate.
Let us know if you plan to attend the lunch or would like to send a note to one of the Women’s Networking Group steering committee members below.
Click here to sign up for the Women’s Networking Lunch (must be registered to attend the Mid Year Meeting)
WNG (Women’s Networking Group) Steering Committee:
Heidi Strommen, Chairperson – President, ProHost USA
Lisa Doherty – President and CEO, Business Risk Partners
Helen English – COO, Distinguished Programs
Karen Trudel – COO, GMI Insurance
Tracey Carragher – CEO, Breckenridge Insurance Group
We hope to see all our female members in Baltimore.
Bring a new DVD to the Mid Year Meeting and we will get it to our troops in Afghanistan
Once again at our meeting we will be asking attendees to pack a box and write a letter to our active duty service men and women serving in Afghanistan.
This "Packages from Home" initiative is funded by your generous donations to TMPAA Charities. Thank you for the support!
Second Annual Program Administrator Town Hall
Monday, May 6, 2013 - 3:30 PM
One key resource and benefit of membership in the TMPAA is the opportunity to hear how your Program Administrator peers run successful program business operations. The PA Town Hall was developed for exactly this purpose.
We are prepared to hold our second PA Town Hall Meeting at the Mid Year Event in Baltimore on Monday. Our topic area for this event is:
Life Cycle of the Program Administrator
Discussions involving critical start up issues, strategic planning, sustaining growth and perpetuation are planned.
We will be utilizing an Automated Response System that will allow attendees to respond to questions via wifi keypads producing immediate, tabulated results.
Attend / Participate / Learn
The Town Hall Meeting is sponsored by:
Mid Year Workshops
Along with the program business networking expected at our events, the second annual Program Administrator Town Hall meeting is planned along with presentations including:
Cyber Security and Coverage for your Business
Financial Strength of the Current Program Markets
Click Here for workshop descriptions and times
TMPAA Rough Notes
For Target Markets
Rough Notes is dedicating a special supplement within their September 2013 issue exclusively to Target Markets. Our previous nine supplements were a tremendous success. Last year's supplement was well over 150 pages. Here's what you get:
Click Here to view the 2012 TMPAA Supplement.
Click Here to see a Video sample
Contact Us to reserve your spot in the TMPAA Supplement.
A few reminders...
News Release Service
Basic promotion of your people and products often gets lost in the daily shuffle. Target Programs has a simple solution. We’ll send information about your employees and new products to the insurance media for you as part of participation in Target Programs.
Current Target Program Outlet Center Owners will get two releases per year. Additional news releases can be purchased for a nominal fee.
Our premium public relations service can provide more coverage and positioning beyond the basic announcement. Just let us know what you’re seeking and we will send you a proposal. Contact Sarah Ayars, Target Programs Marketing Coordinator, with any questions or to submit your news.
Members of the TMPAA Carrier Committee have developed a format that provides basic elements of your programs that will allow a potential carrier partner the opportunity to properly evaluate an initial submission for possible further consideration.
Each carrier has its own set of expectations for a formal program submission. The Program Executive Summary will provide important information that will aid in the decision of taking that next step.
Please consider having this fillable document available when scheduling your exploratory meetings at the two annual TMPAA events.
Click Here to access and download the Program Executive Summary
Target Markets Program Administrators Association • 250 Philadelphia Pike, Wilmington, DE 19809
March 25, 2013 - The specialty business unit of global broker Willis Group Holdings says it now has an insurance solution for dairy operations.
WOODBURY, N.Y., March 19, 2013 - Sterling & Sterling, Inc., a top 40 privately owned insurance organization, announced Monday that they will change their name to SterlingRisk as part of a company rebrand.
March 20, 2013 – Professional Program Insurance Brokerage of Novato, CA has announced their latest program for Perfusionists.
Long Beach, NY, March 6th, 2013 – New Empire Group is pleased to announce that Inland Marine Specialist Donard Reilly has joined the company as a senior vice president and will head the newly-formed Inland Marine Department.
March 18, 2013 - Richard “Gordy” Bunch, president and CEO of The Woodlands Financial Group, readily concedes that starting a personal lines-focused insurance business in Texas in 2001 – while the state was in the throes of the “mold crisis” – may not have been the best of plans. Nevertheless, it has worked out well for him and the company he founded.
Itasca, IL, March 15, 2013 – Arthur J. Gallagher & Co. (NYSE: AJG) today announced that, for the second year in a row, it has been recognized by the Ethisphere Institute, the leading business ethics think-tank, as one of the 2013 World’s Most Ethical Companies.
Louisville, KY (March 7, 2013) - Intellectual Property Insurance Services Corporation (IPISC) has launched its latest IP insurance product, InventPro™ Abatement Insurance, an affordable IP insurance starter plan, designed specifically to help inventors and small companies enforce their IP rights and to protect their innovations from the predatory business practices of some companies.
March 6, 2013 - General Star Management Co. has launched a high value homeowners program. Effective March 1, the product is offered through All Risks, Ltd, the program administrator for this new facility.
Hartford, Connecticut – February 25, 2013. SPARTA Insurance Holdings, Inc. is pleased to announce the appointments of Ralph E. Jones, III as Chief Executive Officer and Brian D. First as President and Chief Operating Officer effective today.