Page 15 - TMPAA_2023_Program Business Study SUMMARY
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The TMPAA State of Program Business Study 2023
Program Business:
The M&A Picture
The percentage of carriers
who expressed plans to acquire The percentage of carriers who
administrators to grow their said a hard “no” to acquiring
business administrators
8% 2020 46%
2% 2022 73%
Boon or Bane? There are mixed views
among administrators and carriers about
consolidation being a threat or an
opportunity.
What are administrators and service providers
looking for in a potential acquirer?
Strategic Financial stability Cultural Commitment to Clarity of
alignment & track record fit innovation & growth vision
14 www.targetmkts.com | 2023
