Wed. Jun 19th, 2024
The Institutes and Target Markets Collaborate on New Business Professional Designation Program

In May, the Target Markets Program Administrators Association (TMPAA) and The Institutes Knowledge Group will collaborate to launch a new credential for program insurance professionals known as the Program Business Professional (PBP) designation. This designation will replace the TMPAA’s current Certified Programs Leader (CPL) designation and is scheduled to launch officially during the TMPAA Mid-Year Meeting on May 14.

The PBP program will comprise of four courses and exams, along with an ethics requirement. Participants in the PBP courses will also be eligible to receive Continuing Education (CE) credits. Gene Abbey, Director of Insurance Education and Services at TMPAA, emphasized that the introduction of the PBP designation reflects their commitment to offering a top-notch educational platform tailored to the dynamic program business landscape.

The collaboration between TMPAA and The Institutes began in 2023, with the PBP designation program integrating program business-specific content and educational courses from The Institutes’ CPCU designation program. This unique blend of courses enables professionals looking to advance their careers in program business to earn credit towards additional Institutes Designations. Greg Thompson, a long-time TMPAA Advisory Board Member and program consultant, highlighted that this joint development project offers even more value than their previous Certified Programs Leader (CPL) educational product developed by Target University 12 years ago.

Adam Carmichael, CPCU, President of The Institutes Knowledge Group, reinforced their dedication to providing the knowledge and skills necessary for success in program business through this joint project with TMPAA. He expressed confidence that this collaboration will offer more opportunities for professionals seeking career growth in this field while enhancing standards of excellence within the program business sector.

Overall, this new credential represents a significant step towards improving the quality of education available for program insurance professionals while also promoting ongoing learning and professional development within this dynamic industry.

By Aiden Nguyen

As a content writer at newscholarly.com, I delve into the realms of storytelling with the power of words. With a knack for research and a passion for crafting compelling narratives, I strive to bring forth engaging and informative articles for our readers. From decoding complex concepts to unraveling current events, I aim to captivate and educate through the art of writing. Join me on this journey as we explore the ever-evolving landscape of news and knowledge together.

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