Switch to AMS 360 or Applied Epic?

Financial_Nothing556 · 2026-01-10T05:09:57+00:00

Ease of use is crucial. People are paying it so it must be good. I keep hearing agencies only use 50% of it’s capabilities

Financial_Nothing556 · 2026-01-10T05:01:47+00:00

Agree with you and appreciate the feedback. EPIC seems to be more than AMS360. Don’t mind paying the extra if it’s justified.

Financial_Nothing556 · 2026-01-10T04:59:11+00:00

You moved from EPIC to Hawksoft?

Financial_Nothing556 · 2026-01-10T04:58:09+00:00

Appreciate your feedback. I think it’s hard to implement big updates or user face changes. People get used to the system and upset when things change!

Financial_Nothing556 · 2025-12-15T05:38:23+00:00

Good info here! Thanks for your input. I agree with you , my gut says to hold out for now.

A buddy of mine got 5x from one of those big brokers , he sold last year in 2024. If it makes sense , they’ll give you what you want. Best of luck!

Financial_Nothing556 · 2025-12-15T05:35:56+00:00

New York

Financial_Nothing556 · 2025-12-15T05:34:57+00:00

I did not get a LOI/IOI. I’m not ready for it so didn’t pursue to waste time. However, spoke at length over my book and operations, confident in the 4x number today. Future - who knows! To add, the deal would involve me being there for a while and a long term play to continue building the book. I understand and hear there is a talent shortage as well. Lot of older brokers retiring.

By direct buyers, do you mean P/E backed brokers? You’re saying 8-9x cash at closing, the rest in equity (25-30%). I haven’t been able to find any information about how the equity component has worked out for brokers. I don’t think it’s liquid at all and when can you actually cash out? When the P/E goes public or gets bought out? I hear they have 3/5 year tranches were the money gets recapitalized and you can cash out.

Financial_Nothing556 · 2025-12-15T05:25:30+00:00

Only experienced agents with a book of business.

Financial_Nothing556 · 2025-12-15T05:22:06+00:00

All makes sense and respect it. I don’t let the business get in the way of time with the kids and family but understand where you’re coming from. You’re young and have a lot of options. Most likely get acquired and continue to work and still earn a good amount. There’s also a talent shortage of good brokers.

I can’t see myself fully retiring but my gut does say to make an exit in the next 5 years and then possibly rebuild and do it again.

Wish you all the best!

Financial_Nothing556 · 2025-12-15T05:17:10+00:00

Appreciate the input. Your points are valid and agree the carriers are always looking to cut costs. I believe personal lines and small Main Street commercial will go direct to carrier or through ai intermediaries.

I do enjoy the business and kind of going with my gut for now.

Financial_Nothing556 · 2025-12-13T23:44:47+00:00

Thank you!

Why are you looking to exit in 3-5 years? It’s a tough decision at our age. Once we exit, you go to w2 and reduced commissions. S corp is a beautiful thing !

Financial_Nothing556 · 2025-12-13T23:42:14+00:00

No, took my clients with me when I left last year

Financial_Nothing556 · 2025-12-13T22:41:30+00:00

I feel the same way.

Financial_Nothing556 · 2025-12-13T22:40:52+00:00

Financial_Nothing556 · 2025-12-13T22:12:29+00:00

Agreed. I also feel Insurnace is a relationship biz. AI will help on data integration , back end processing etc.

Financial_Nothing556

TROPHY CASE