In the second of a 3-part article series on the topic of “Insights for an Evolving Market”, the Financial Services Industry Group's Insurance sector looks at key challenges and opportunities with third party administrators (TPAs) in 2025.
Traditionally, insurance carriers and businesses have relied on TPAs to provide key services, such as policy administration or claims management. But the potential for growth is not without risk.
Key TPA Challenges in 2025 Include:
- Lack of Standardization
- Legacy Technology Limitations
- Costly Corporate Functions
- Data Inconsistency
- M&A integration challenges
For TPAs and their investors, overcoming these industry challenges provide a real opportunity to capture value.
Key TPA Opportunities in 2025 Include:
- AI / Machine Learning
- Reimagining the Sales / Renewal Experience
- Managing IT Spend and Vendor Management
- Upgrading the Servicing Experience
- Improving Cash Flow
Read the Full Article
Read the first article in this series, U.S. Excess and Surplus Market: Unlocking Growth with Strategy & Execution
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Private credit assets under management have transitioned rapidly from a specialist allocation to a scaled component of global credit markets. Yet the risk and operational infrastructure supporting the asset class have not evolved at the same pace.
The Probability Economy - How Probability Becomes Enterprise Infrastructure
August 18, 2026
Financial institutions have spent decades building infrastructure around prices, historical data and risk measures. A new layer of enterprise information is now emerging: probability, a quantified representation of uncertainty about future outcomes.
From Distribution to Anticipation: How Agentic AI Turns Bancassurance Into An Embedded Ecosystem
August 18, 2026
Bancassurance has long promised a powerful combination: insurance and products, bank distribution channels, and deep customer relationships. However, in A&M’s experience, many bancassurance models remain constrained by fragmented data, manual onboarding, product–market misalignment, and regulatory complexity.
Settlement Speed Alone Does Not Enable Autonomous Execution
July 7, 2026
Most agentic commerce narratives fixate on AI, but that misses the real shift. It’s not that software can decide; it’s that it can move money autonomously, without waiting for human approval at every step.
