program business market News

Program Business Revenue Increases 12% to $40.5B in 2018

Program business premium rose 12.2% in 2018, reaching $40.5 billion from $36 billion in 2016, according to The 2019 State of Program Business Study published by the Target Markets Program Administrators Association (TMPAA). Program business again outpaced the total property/casualty …

Patrick Ryan Hails Program Business Amid Retail Consolidation, Moves Toward MGAs

Insurance industry trailblazer Patrick Ryan thinks the insurance program business could be headed for interesting times given recent consolidation in the retail insurance agency sector, an influx of capital and the recent purchase of a large program manager by American …