In order to complete a transfer of business, you must first decide which type of transfer is applicable:
Single Policy Transfer
When transferring an individual policy and associated transaction, the assuming agent is required to complete a Transfer of Business form and email it to [email protected] along with a copy of the BOR.
Multiple Policy Transfer
When transferring multiple policies and associated transactions, the assuming agent is required to complete a Transfer of Business form and email it to [email protected] along with a copy of the BOR.
Global Transfer
A global transfer is necessary when:
- A licensee no longer works for the agency and the agency needs to transfer the original licensee’s filings to another licensee. Transfer of Business form along with email explanation would need to be sent to [email protected].
- When an agency has been sold and purchased by the acquiring agency. The acquiring agency would need to already have a SLIP account set up or will need to have a licensee set up a new SLIP account. In this case, the assuming agency would need to also provide a “proof of purchase” along with the Transfer of Business form and email these to [email protected].