Andover Insurance moves to Real-Time Rating

Good news! Andover Insurance will begin Real-Time Rating in SinglePoint for its homeowners business beginning June 25, 2021.

For a brief period, agents will also have access to the Andover manufactured rates to assure a smooth transition.

SinglePoint will handle all of this. However, please note that you will need to add your Andover UserID and password in SinglePoint Settings. Here’s how:

  • At the top of the menu bar, select SinglePoint Settings
  • Select Carrier and Third Party Credentials
  • Scroll down to the Andover section and add your credentials
  • Select Save Changes

IMPORTANT: Andover will perform a credit lookup as part of the real-time rating process. During this process they will determine which writing company — Merrimack, Cambridge, or Bay State — the risk qualifies for and return this premium in SinglePoint.

To open a quote that was previously saved with manufactured rates, make sure that you add “Andover RT” rates to the quote.

Real-Time Submission will be available, too. No more rekeying all data into the Andover website. SinglePoint will bridge over the data to it.