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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. View the full meeting recap here.
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. Recipients of the CPL Designation completed and passed required Target University courses, and met program and industry experience expectations set out by the Association. CPL recipients included Daren D’Ippolito, Brendan T. Fitzpatrick, Calen Foster, Ron Green, Annika Marie Jurun, Mark Lonneman, Gary Miller, Jaclyn M. Pahura, Kimberly Bushong Petrillo, Jack Russell and Bob Wooldridge. Read more…
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
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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).
_____ 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. Featured presenters:
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. 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. TM Cyber Secure will be available January 2018. Watch this short video to learn more.
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.
Contact: Jimmy Squires, CPCU, ARM We will spotlight your company on request. Please contact Monica at monica.elischer@targetmkts.com.
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SAVE THE DATE 2018 Mid-Year Meeting May 7-9 | Baltimore, MD
Program Administrators Argo Insurance Agency, Inc. Fairview Insurance Southwestern Managing General Agency Vendors
Corax Mutual Boiler Re Social5 Travelers BoilerRe
Member News Insurance Business America Magazine Names Susan Preston as 1 of 5 Women in IBA Hall of Fame Paragon Insurance Holdings Adds Schmidt as Pest Control Program Underwriter in Florida AssuredPartners Acquires New Jersey’s Synergy Professional Associates ValueMomentum Announces BizDynamics Release 1.3 to Enable Rapid Roll Out of Digital Experiences AIG Expanding Commercial Casualty Policies to Include Cyber Coverage K&K Insurance Reveals New Program Coverage for Air Shows New York’s Frenkel & Company Joins Forces with EPIC New Online Weather Insurance Program Available from Abacus Insurance Brokers Lockton Appointed Program Administrator of Swiss Re Lawyers PL Program —WHITE PAPER— MGA Threats and Opportunities (PDF)
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!
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November
New Members
Sustaining Partners
