Real time Rating… we’re right on schedule
Wednesday, September 3rd, 2008As I’ve mentioned before, we’re working toward building real time rating in SinglePoint. WinRater will continue to manufacture and support carrier rates. But for those carriers with multi-variate rate filings or unique rating requirements, WinRater/SinglePoinnt will send a real-time-rate request to the carrier web server and return the quoted premium. Agents will enjoy the best of both worlds.We expect to begin internal testing with one well-known Auto carrier in late September/early August. We’re scheduled to begin beta-testing with agents by late fall. And the good news is we’re right on schedule!Look for a lot more information on real time rating in the next month or so.

Just getting the early reports for the month of August and it looks like agents submitted some 5,000 new business Apps to their carriers through SinglePoint.
We just got the SinglePoint monthly reports and it’s impressive. 4,000 new business applications have been submitted to carriers via SinglePoint for the month of July. That’s an increase of over 1,000 Apps from the month of June. And we are still adding carriers (Arbella just came onboard last week).