New Credential on Offer: The Program Business Professional Designation

The Institutes and Target Markets Collaborate on New Business Professional Designation Program

In 2023, The Institutes and the Target Markets Program Administrators Association (TMPAA) joined forces to introduce a new credential for program insurance professionals. This designation, known as the Program Business Professional (PBP), will launch officially in May during the TMPAA Mid-Year Meeting on May 14, replacing the current Certified Programs Leader (CPL) designation held by TMPAA.

The collaboration between TMPAA and The Institutes began with the development of the PBP designation program, which integrates program business-specific content and educational courses from The Institutes’ CPCU designation program. This unique blend of courses allows professionals looking to advance their careers in program business to earn credit towards additional Institutes Designations.

The PBP program comprises 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.

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 development and launch of the Program Business Professional designation with TMPAA. The unveiling of this new designation is a significant step towards enhancing standards of excellence within the program business sector.

Greg Thompson, a long-time TMPAA Advisory Board Member and program consultant, highlighted that while Target University’s current Certified Programs Leader (CPL) educational product has provided value to over 200 individuals who participated in it for 12 years; he believes that The Institutes’ collaboration will offer even more value.

In summary, this collaboration between two organizations reflects their commitment towards providing professionals with valuable knowledge and skills necessary for success in program business through education programs that are tailored to meet industry needs.

Leave a Reply