Carrier Survey on AM Best Performance Assessment

AM Best’s plans for a new industry performance assessment could have significant implications for program business and has prompted a great deal of conversation since its release on March 15. The TMPAA Advisory Board is very interested in getting your feedback so they can provide direct membership reaction to AM Best’s request for comments. Your responses will be confidential. Overall results and your comments will be shared in an aggregated format. Thank you for your attention to this important industry discussion. 
1.Do you believe the AM Best performance assessment for Program Administrators (and all delegated underwriting authorities) addresses a current industry problem that will be resolved by this effort?
2.Would the AM Best performance assessment replace the due diligence your company performs when considering a new program partner or your ongoing program audits for existing partners?
3.If yes, would your company be willing to fund the AM Best performances assessment?
4.Do you support AM Best’s efforts to bring this performance assessment for Program Administrators (and all delegated underwriting authorities) to the industry?
5.Please provide any additional comments.
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