At a time when general property-casualty insurance is suffering from poor economic conditions and a seemingly neverending soft market, the program business niche is a “growing and vibrant market,” generating $17.5 billion in premiums with an estimated 1,500 individual programs and 750 program administrators, according to “The State of Program Business 2011.”
The baseline study, the first of what will be an annual survey to track program trends, was conducted by Advisen and the Target Markets Program Administrators Assn. (TMPAA) and released at TMPAA's 11th annual summit last week.
The study of TMPAA members was conducted via an online survey from July 14 to August 3. Respondents included 92 program administrators and 34 insurers, roughly one-half of TMPAA's total membership.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
