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November 2021 |
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Back to Business in Scottsdale
More than 950 attended the 21st Annual TMPAA Summit The 21st Annual Summit celebrated a return to in-person meetings with record attendance of 950 program business professionals that included many new members and added program capacity over the past two years. The meeting featured the results of the 2021 State of Program Business Study along with presentations on key issues and important industry trends impacting the program market segment. Click here for full meeting recap including recorded presentations, photo gallery, program book and more.
GOLD SUMMIT SPONSORS Zurich • QBE
Presentations approved to be shared from the 21st Annual Summit are listed here.
Any session not included will not have a recording or additional materials available. 10 Members Earn
Members recognized for achieving the Certified Program Leader (CPL) Designation completed and passed 12 required Target University courses and met program and industry experience expectations set out by the Association. The 2021 CPL recipients are:
Learn more about Target University and the CPL Designation. |
Program Business Revenue Topped $53.8 Billion in 2020
The 2021 TMPAA State of Program Business Study is the eighth in a series of surveys that started in 2011. The 2021 report presents 2020 business results. Since the TMPAA did not conduct the survey in 2020 for 2019 results, most of the comparative analysis in this survey report focuses on changes between 2018 and 2020. The TMPAA released the results of its State of Program Business Study at the 21st Annual Summit in Scottsdale. The survey documents the size of program business and tracks various trends that shape the market. The survey has documented the rapid growth of the program business insurance market. From $17.5 billion in commercial insurance revenue in 2010, program business has grown to $53.8 billion in 2020. It continues to outpace the total property/casualty industry, which grew commercial lines premiums by only 9.33 percent over the same period of time. The study reflects the views of 144 program administrators representing 1,041 programs and 51 insurers representing 1,322 programs. Follow the links below for more information about this year’s study.
Networking Golf Tournament Recap More than 80 golfers kicked off the 21st Annual Summit early, on the golf course in support of TMPAA Charities. If you are one of the lucky participants, expect your winnings in the mail soon. Main Tournament Sponsor
Packages from Home
Thank you to the Summit attendees that helped make our “Packages from Home” efforts a success once again. More than 250 boxes were assembled for troops serving abroad. In addition to member contributions, we recognize the following sponsors:
PolicyFly PolicyFly makes specialty insurance simple. An all-in-one platform for insurers to distribute, quote, communicate and bind insurance with their brokers, agents and customers. More than 200 leading brokers and agencies already have team members using PolicyFly. A 30-minute intro and demo is all we need to show you where the future of policy management is heading. Contact: Mike Fiedel, Head of Client Success & Business Development
We will spotlight your company on request. Please email us.
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2022 Mid-Year Meeting
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Westin Boston Waterfront Registration opens January 3. New Members
View additional information on Program Administrator members (sign in required)
View additional information on Service Provider members
Member News Liberty Company Insurance Brokers Launches New Managing General Agent Cowbell Cyber, Palomar E&S Enter Multi-Year Partnership Vertibrands Launches New Lead Generation Service for Specialty Insurance Market Providers First Light Program Managers, Inc. Acquires the Assets of Marine N-Surance Brokers, Inc. Jencap Buys Specialty Wholesale Brokerage Specialty Program Group Acquires Assets of CM&F Group
Program Administrators Reach More Agents in 2022 with Target Programs
Target Programs is a great addition to PA membership and allows you to promote your business to one of the largest nationwide databases of Independent P&C agents. We build your Outlet Center on Target Programs and generate traffic to the site through electronic marketing initiatives. It is one of the most cost-effective tools in the industry, exclusive to members. Target Programs Participation – $2,500/year
Contact Sarah Ayars for more information or to enroll.
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