Items filtered by date: November 2017

 

January 2018 

REGISTER TODAY

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.

 

 

--- COMING SOON ---

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

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
bob.juracka@xdti.com 
714-482-9659 

We will spotlight your company on request. Please contact Monica at monica.elischer@targetmkts.com.


 

 

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
dgahagan@axonu.com
908-947-1815
www.axonu.com

INSURHAUS Inc.
Roland Rauduve
Rauduve@insurhaus.com
630-786-9971
www.insurhaus.com

Vendor

ePayPolicy
Nathan Terrazas
Nathan@epay3.com
844-372-9300
www.epaypolicy.com

 


 

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.

January 10, 2018 - Private equity firm Stone Point Capital L.L.C. and the family that controls 43% of the shares in AmTrust Financial Services Inc. plan to take the insurer private.

January 9, 2018 - Specialty insurer Hiscox has appointed Eric Micheals as its chief underwriting officer in the U.S.

January 8, 2018 - QBE North America has named Daniel Franzetti as chief operating officer.

January 8, 2018 - Appalachian Underwriters, Inc., an insurance wholesale outlet, has developed a monoline sewer back-up and sump pump overflow product, exclusive to appointed agents.

YORK, Pa. – Jan. 5, 2018 – Glatfelter Insurance Group (GIG) is proud to announce that 14 associates recently earned new insurance-related designations. With a corporate culture dedicated to continuing education and professional development opportunities, GIG encourages associates to pursue designations of their choosing each year.

Charleston, SC – January 4, 2018 Johnson & Johnson Insurance is excited to announce they will provide a flood program on Appulate.

Vince Tizzio is president and chief executive officer of Navigators Management Company, the U.S. underwriting operation of Navigators, a specialty insurance holding company with operations in the United States, the United Kingdom, Continental Europe and Asia. Mr. Tizzio brings more than 30 years of property and casualty insurance experience to Navigators. Since joining Navigators in 2012, he has enhanced the profitability of the company’s U.S. business and has led its growth—launching new products, leveraging technology to deliver more value and support to brokers and policyholders, and broadening Navigators’ local presence in major cities across the United States.

Mr. Tizzio joined Navigators from Zurich, where he was executive vice president of Zurich North America, leading the company’s commercial markets business, a $3 billion portfolio with more than 1,100 market-facing underwriting, claims and operations professionals throughout the U.S. and Canada. In this role, he was responsible for creating a business unit to grow the services delivered to small- and medium-sized businesses, launched Select Brokers®, the organization's first program providing enhanced resources and solutions to the company’s most valued brokers, and further developed the company’s industry vertical expertise and services. Zurich North America produced double-digit growth and significant profitability gains each year under his leadership.

Mr. Tizzio also was with American International Group (AIG) for 16 years, during which time he held a number of underwriting and management positions. During his tenure at AIG, he led the creation of two subsidiaries, developing capabilities in mergers and acquisitions insurance and small commercial insurance products and offerings that were industry-leading and pioneering for AIG at the time.

Mr. Tizzio received a B.A degree in finance and sociology from Adelphi University. Mr. Tizzio serves on the board of governors for Maguire Academy of Risk Management at Saint Joseph’s University in Philadelphia. He also serves as a board member of the Visiting Nurse Association, a provider of home-based medical and hospice care and is a longstanding board member of the Freedom House, an organization committed to helping people with addiction. Mr. Tizzio is the founder of Feed Belly Farm, an organization that helps provide food to people in need.

Financial journalist and New York Times best-selling author Michael Lewis has published sixteen books on subjects ranging from politics to Wall Street. In December 2016, Lewis released The Undoing Project: A Friendship that Changed Our Minds. In keeping with his unparalleled ability to tell stories about "quirky individuals who zig when everyone else zags" (as The New York Times puts it), the new book dives deep into the world of Daniel Kahneman and Amos Tversky, who founded the field of behavioral economics with their revolutionary theories on decision making and human errors in judgment. His previous book, the NYT #1 best-seller Flash Boys, has took the financial market and business world by storm upon its release in March 2014. The story reveals how the legal—but highly questionable—practice of high-frequency trading (HFT) has allowed certain Wall Street players to work the stock market to their advantage, and has been called one of the most provocative books to hit shelves since Lewis’ The Big Short. In The Blind Side, published in 2006, Lewis tells the story of NFL Offensive Tackle Michael Oher, and how his life is transformed from being a teen living on the streets of Memphis after he is adopted by white Evangelical Christians. Before that, Lewis wrote Moneyball, a book ostensibly about baseball but also about the way markets value people. Both of his books about sports became Oscar nominated films.

Two of his most popular releases, The Big Short and Boomerang, are narratives set in the global financial crisis. His other works include The New New Thing, about Silicon Valley during the Internet boom; Coach, about the transformative powers of his own high school baseball coach; Losers, about the 1996 Presidential campaign; and Liar’s Poker, a Wall Street story based in part on his own experience working as a bond salesman for Salomon Brothers.


Mr. Lewis is a columnist for Bloomberg News and a contributing writer to Vanity Fair. His articles have also appeared in The New York Times Magazine, The New Yorker, Gourmet, Slate, Sports Illustrated, Foreign Affairs, and Poetry Magazine. He has served as editor and columnist for the British weekly The Spectator and as Senior Editor and campaign correspondent for The New Republic. He has filmed and narrated short pieces for ABC-TV’s Nightline; created and presented a four-part documentary on the social consequences of the internet for the BBC; and recorded stories for the American public radio show, This American Life.

Mr. Lewis grew up in New Orleans and remains deeply interested and involved in the city. He holds a Bachelor’s degree in Art History from Princeton and a Master’s degree in Economics from the London School of Economics. He lives in Berkeley, California with his wife, Tabitha Soren, and their three children: Quinn, Dixie, and Walker. In 2009, he published Home Game: An Accidental Guide to Fatherhood, about his attempts to raise them.



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