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The Target Markets Program Administrators Association (TMPAA) and The Institutes Knowledge Group have come together to create a new credential for program insurance professionals called the Program Business Professional (PBP) designation. This designation is set to launch officially in May at the upcoming TMPAA Mid-Year Meeting on May 14, replacing the TMPAA’s current Certified Programs Leader (CPL) designation.

The PBP designation program is a blend of program business-specific content and educational courses from The Institutes’ CPCU designation program, offering professionals an opportunity to advance their careers in program business while earning credit towards additional Institutes Designations. This collaboration aims to elevate the standards of excellence within the program business sector and align with the evolving landscape of program business.

The PBP program will consist of four courses and exams along with an ethics requirement. These courses will qualify for Continuing Education (CE) credits as well. Gene Abbey, Director of Insurance Education and Services at TMPAA, stated that the PBP designation aims to provide industry professionals with a comprehensive educational platform that will help them excel in program business. He added that this collaboration between TMPAA and The Institutes would provide even greater value to individuals who are looking to advance their careers in this field.

Adam Carmichael, CPCU, President of The Institutes Knowledge Group emphasized the dedication to providing knowledge and skills needed to excel in program business through the development and launch of the PBP designation. He stated that this marks a significant milestone in the industry, emphasizing the commitment to providing industry professionals with a cutting-edge and comprehensive educational platform.

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