AMS Offers Free Tool to Agents Considering TPA Formation
Dealer agents who wish to serve as their own product administrator have a new self-evaluation tool with the release of BeYourOwnTPA.com by Administration Management Systems, the company announced.
The site was developed as a free resource to help evaluate the case for serving as one’s own third-party administrator. In a release, executives say AMS’s AI-powered, white-label solution was designed to help agents avoid rising costs and longer, less flexible contract terms.
“The site walks them through exactly what becoming their own TPA looks like in practice, operationally and financially, before they commit to anything,” the release states, in part. “At the same time, administrators and agencies already in the market are finding that AMS gives them something legacy platforms caught in consolidation cannot: a stable, AI-native platform that keeps their operations running efficiently while the rest of the industry figures out what comes next.”
