From the December 01, 2006 issue of Agent’s Sales Journal • Subscribe!

Finding the Right AMS Tool for Your Practice

When searching the Internet, one will find numerous insurance software programs that are available to large agencies and brokers. Most of them appear to be quite expensive and usually require extensive training before the user can incorporate them into their practice. There is certainly a need for those programs, but they are usually not the kind of programs that small agencies or independent agents are looking for or can afford.

Independent agents and small agencies do not have the money to hire staff to run their office, operate complicated software programs, and perform other critical client-related duties. The same person likely takes on the positions of president, vice president of marketing, sales associate, administrative assistant, and even office custodian.

But expensive, complicated programs aren't the only alternative when it comes to managing your client base and agency operation. There are many simpler programs that can fill the basic essentials that every agent needs to cover in order to become better organized and make more money. There are several factors, however, to keep in mind when searching for an agency management support (AMS) tool.

Important factors in purchasing an AMS

Cost is probably the first hurdle to overcome, so look for an affordable program. It's very difficult for an independent agent to justify spending $800 to $1,000 or more on an AMS program. Most will opt to continue using their index cards and file cabinets rather than spending that kind of money. Make sure you learn up-front both the initial and ongoing costs of the software. Some programs may have hidden fees or limited capabilities, so ask about those, as well.

Ease of use is the next consideration. Most agents are extremely good at selling insurance but may feel that they don't have the skills or the time to learn a complicated computer program. Look for a program that is literally point and click, one that can be loaded and executed immediately. This helps for a couple of reasons. If it's easy to use, you'll be able to get it up and running in a short amount of time, helping you become more efficient more quickly. It can also save you the exorbitant amount of money and time that in-depth training would take.

The kind of support the AMS vendor offers is also extremely important. A well-designed program will be set up so the user will not need extensive technical support or training. It will also include a user guide that is written in English, not "Computerese."

Request a demo of the program. It should be free and fully functional so you can test all of its features. You need to know that you can easily manage all aspects of the program. Play with the demo, enter some of your clients and prospects, and test everything. If you cannot easily work the demo, then you may want to look at purchasing another program.

Call the company before you make a decision. Formulate a list of questions (see sidebar for sample questions) and ask to speak to the support department. This is a good way to get a feel for how helpful they will be if you need assistance with the program.

Special features

In addition to the usual record-keeping fields, there are other features to look for when choosing a program that best suits your needs. A calendar that displays your insurance appointments and allows you to enter personal appointments and tasks is very important. It can be a real hassle to have to keep more than one calendar. Built-in mail merge is also absolutely necessary so that you can send personalized letters to groups of clients or prospects. Regularly keeping in touch with clients is the best way to ensure a loyal and large customer base.

The ability to sync your data to a personal digital assistant (PDA) will let you take a complete list of clients and prospects with you when you leave the office. All PDAs will easily fit in a shirt or jacket pocket, making for a mobile and efficient office.

A comment box with plenty of room to allow you to enter notes every time a contact is made will enable you to keep an accurate record of every phone conversation and meeting. Automatic time/date stamping of your entries will help you know exactly when each contact was made.

A well-designed AMS program will not only allow you to work more efficiently and give you more free time, but it can also dramatically increase your income. Know what to look for and what questions to ask, and you'll be well on your way to managing your clients and, if applicable, your agency, as well.

Frank Stastny is owner of Your Insurance Office, a contact management program. For more information, call 877-633-0808 or email at frank@yio.com, or visit www.yourinsuranceoffice.com.


Agency Management Software


Systems that are designed to help insurance agents and agencies operate their business more efficiently. These programs are used for a variety of functions such as tracking cases from application through underwriting, simplifying scheduling, calculating commissions, and generating client communications. Costs vary widely, depending on whether the service is a simple customer relationship management tool or a complete agency management system.

Name Website Phone

Agency Business Sytems www.agencybusys.com 503-659-6752

Agency Rating Systems, Inc. www.arsmanager.com 800-828-3768

AgencyWorks www.agencyworks.com 800-482-9924

Allied Financial Software www.softwareforadvisors.com 800-831-7636

ASDS Computer Company www.asdscomputer.com 888-202-3573

Aspire Technologies www.quotewerks.com 407-248-1481

Client Marketing Systems Inc. www.advisorsassistant.com 800-799-4267

Cornerstone Solutions Inc. www.cornerstonesolutions.com 877-661-5200

Financial Health
Research Institute
www.fhri.org 877-411-3030

Financial Planning Consultants www.financialsoftware.com 800-666-1656

Gen4 Systems www.gen4systems.com 800-689-9390

Integrated Insurance Technologies www.iitcorporation.com 800-773-3173

Norvax www.norvax.com 866-466-7829 x1

Sage Software www.sagesoftware.com 866-308-2378

Torrid Technologies Inc. www.torrid-tech.com 770-579-62224

United Systems
and Software Inc.
www.ussincorp.com 800-522-8778 x114

VAM db www.vamdb.com 888-826-3242

Your Insurance Office www.yourinsuranceoffice.com 877-633-0808



What to Ask For

o Are there hidden charges (annual fees, charges for additional modules, etc.)?
o What does the initial fee cover? Just the basic program? More? Less?
o Are all their prices listed somewhere? If not, request a price list.
o How easy is the software to use?
o Is it Internet-based or software-based?
o Is there a free, full-working demo?
o Do they provide training, and if so, does it cost extra?
o Is customer support available?
o How are updates provided?
o Does the software work with other programs?
Sources: Frank Stastny, owner, Your Insurance Office; Charlotte Isbel, marketing, Financial Planning Consultants

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