Whitepaper
White Paper  3 Reasons to avoid the program business

The program business has risen to a Top 5 strategic imperative for most carriers—and successful program administrators are getting snapped up by larger players who can afford to buy their way into the market. But the mere desire to build a program book is no guarantee that you’ll be able to profitably grow a program book. In fact, the program business is fundamentally different from commercial P&C. And if you’re not prepared to address those fundamental differences, your foray into the program market is likely to disappoint.

Read this white paper to learn more about these 3 issues you should consider before you commit to programs:

  • MGA outsourcing is a massive shift for your business culture
  • New cost structures demand new cost containment strategies
  • Programs require a new approach to technology

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