Applied Users Forums

General Topics => Helpline => Topic started by: Lynne Desrochers on May 25, 2011, 10:56:23 AM

Title: Agency Acquisition
Post by: Lynne Desrochers on May 25, 2011, 10:56:23 AM
Well, it's happened again and we are purchasing another agency with no automation. Whoo-hoo! I want to throw this out to the group and ask what's the best way to go about this?
Here's our plan:
We have a list of policies with each carrier. To the best of my knowledge we have to manually input the client detail screen and set up the policy billing screens. We want it in a certain branch with a certain producer code. Then we will get some initial loads from the different carriers.
Is there a better way? Is there something else we should consider? Thanks!
Title: Re: Agency Acquisition
Post by: DebAmstutz on May 25, 2011, 12:07:27 PM
Congratulations on the purchase!  At least you won't hear "It was easier when I worked on (fill in the name of software company)'s program.  They won't have any bad automation habits, either!  You get to start with a clean slate!
Title: Re: Agency Acquisition
Post by: Ian Blundell on May 25, 2011, 12:09:01 PM
You could just have all of the new clients sign BORs switching to BHB and not have to deal with any of it.  Send me a mailing list and I'll even do the letters for you.
Title: Re: Agency Acquisition
Post by: Jeff Zylstra on May 25, 2011, 12:10:20 PM
There is a prospect import utility, but I don't know of a customer import utility or a way to transfer prospects to customers in a batch format.  I would actually call Applied on this one, since they may have some hidden functionality, utility or other method that would require tech support to implement.  

It would be nice to have an Excel spreadsheet assign the customer numbers automatically, but then you would most certainly have conflicts with existing customer numbers.  Better to have support do this for you.
Title: Re: Agency Acquisition
Post by: brinkerdana on May 25, 2011, 12:28:09 PM
I did some contract work for an agency in this situation.  We did it as you described. 

Title: Re: Agency Acquisition
Post by: Lynne Desrochers on May 25, 2011, 04:42:06 PM
Thanks everyone! Yes Deb, I won't hear any of that. Thank you Ian, I'll consider your offer, although Rick might not. Jeff - I called Applied and for a split second we thought we could do something with the download, but it was a pipe dream. Oh well. Dana thank you for confirming my thoughts. (I feel like Dorothy when she wakes up) If anyone else has any I'll take all suggestions!
Title: Re: Agency Acquisition
Post by: GeorgeW on May 26, 2011, 08:47:38 AM
They have no management system now?  We've used Randy Teich for acquisitions.

http://www.teichdataservices.com/default.aspx


Title: Re: Agency Acquisition
Post by: Jeff Zylstra on May 26, 2011, 09:05:59 AM
Quote from: George Watson on May 26, 2011, 08:47:38 AM
They have no management system now?  We've used Randy Teich for acquisitions.

http://www.teichdataservices.com/default.aspx

Good call George!  If I remember correctly, he has some custom written software that does some nifty things with TAM.
Title: Re: Agency Acquisition
Post by: Lynne Desrochers on May 26, 2011, 09:33:42 AM
Thanks. I sent an email. I have actually used him before, but that was an Applied agency, it was the best thing though. It can't hurt to ask and find out what he can do!
See this is why i posted.
Title: Re: Agency Acquisition
Post by: Bob on May 26, 2011, 11:41:52 AM
Drop me an email Lynn anytime you encounter a problem or new challenge.   We do this quite a bit.  Usually we acquire an Agency, merge it all on to our books in Lafayette but lately we've been buying locations and running them as remote offices.  3 last October and now trying to close a deal in Southern Cal.    Email me anytime and I'll share what I can.  :)