Your Success is Our SuccessTapping into Program Business
Program business premium revenue increased by 11.7% reaching $36.1 billion in 2016, up from $32.3 billion in 2014, according to the 2017 State of Program Business Study by the Target Markets Program Administrators Association (TMPAA). Since its 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. In addition, E&S premiums recorded in 2016 totaled $25.9 billion, a 3.3% increase from 2015, according to data from the 14 stamping offices nationwide.
Independently owned insurance wholesaler and managing general agent, American Team Managers (ATM), is looking to further tap into the growing program business market with our agency partners who have a book of business in a specific niche. Our customer-centric focus supported by responsive quote and bind turnaround times, advanced technology and relationships with top-tier insurance carriers put us in a position to develop and create programs together with our agency partners. Some of the programs already in the works include:
- Physical Damage
- Insurance Agents E&O
- Bar & Tavern
At ATM, we are always thinking outside the box to create new and improved methods to serve our agents’ best interests. We have built the company by putting you – the agent – first to build your book of business today. We look forward to enhancing our existing relationships and establishing new ones by offering unique solutions to meet the growing demands of today’s evolving industry. Give us a call at (714) 414-1200 and maintain renewal retention in the future.
Make Us Part of Your Team