Catalyit Premium Provider Since 2022 | Last Updated May 2024
SALT provides personal lines agents a digital application that can integrate into a comparative rater making their intake/quote process scalable, efficient and eliminates duplicate entry that results in closing deals faster.
Features & Quick Stats
Core Business: Data Acquisition for Personal Lines independent agents
How SALT Helps Independent Agents/Brokers: /brokers? SALT reduces the client acquisition time by more than 50% by getting info from prospects digitally, and completely. No more back and forth emails, phone calls, and texts to get all the info an agent needs to get a bindable quote. Also includes a true integration with EZLynx, PL Rater & EPIC Quotes.
Integrations: EZLynx, PL Rater & EPIC Quotes
Partnerships: Keystone Insurers Group, Independent Insurance Agents of Texas, Independent Insurance Agents of Georgia, EZLynx/Applied
Videos:
Key Features:
- Data Collection & Transfer: Capture prospect-verified home and auto details that automatically pre-fill your comparative rater.
- Prospect Experience: Impress your prospects with
user-friendly, branded forms that keep them engaged and informed. - Leveraging Referrals: Capitalize on every lead with tracked referral links that facilitate a smooth application.
Website: saltinsure.com
Contact: [email protected]
Headquarters: Grapevine, TX
Number of Employees: 8
Area of Operations: Nationwide
Exclusive Catalyit Deal
Full Access agency subscribers will receive a 10% discount on any SALT subscription.
Catalyit Team Review
Data Collection Platform with Efficiency Focus on Mainstream Personal Lines Applications
Published: January 11, 2023
What we like:
- Easy to use
- Saves agency staff time spent on completion of applications
- They have a well-defined market and stick to doing what they do best
- Allows either employee or prospect to complete applications
Things to consider:
- No two-way integration with multi-raters
- Can’t add carrier specific questions
Summary:
SALT is a data collection application that provides an innovative approach for agencies to get home and auto applications completed more quickly and efficiently. They accomplish this by pulling a significant percentage of the required application data and automatically fill in the blanks for you.
For example, once you enter the home address, SALT will access various large databases of public information and complete most of the fields that pertain to the home. This results in saving time completing the forms as well as improving the accuracy of the information entered. The applications are web-based and located on the agent’s website. The same web pages that an agency employee uses to complete an application are the same pages a prospect uses if they prefer to complete the data themselves without having an employee involved. This can be done via the agency website using a link that the agency sends the prospect.
SALT is neither an automated marketing program nor a CRM (Contact Relationship Management) so you will still need a prospect-generating tool. However, they can help an agency more effectively manage the data collection process.
There is some limited one-way integration with rating systems. This list currently includes Applied Epic, PL Rater, and EZLynx.
The setup of the system appears simple and straightforward. The forms are pre-built and ready to use. Each form has a thorough list of pre-determined questions for the auto and homeowner applications. You, as the administrator, will go through the list and decide which questions you want your prospect to complete. Templates can also be created and saved for specific purposes.
SALT’s target agency is growth-minded that continues to invest in growing personal lines business. They continue this part of their culture by offering a no-contract agreement – it is a month-to-month subscription. Their pricing model is based on the number of users in your agency and all the information, including pricing, is right on their website.
SALT is very clear on what they do – mainstream personal lines (1 home and 2 autos). This should be first viewed as an agency efficiency tool before a consumer access tool.
* Unbiased review based upon information and insights available.
SALT Product FAQ
SALT provides personal lines agents a digital application that can integrate into a comparative rater making their intake/quote process scalable, efficient and eliminates duplicate entry that results in closing deals faster.
Company Name
SALT Insure
Product Name
SALT
How long does it take for an agency to get started?
Less than 1 hour
Do you include Document Management?
Yes
Do you include Audit Capability?
No
Do you have a mobile app?
No
Do you provide permission levels by agency role?
Yes
Do you include a follow-up system?
Yes
Are you able to email applications?
Yes
Do you support digital ACORD form applications?
No
How many ACORD forms do you provide?
–
Do you include all Certificate Forms?
–
Do you include all Binder forms?
–
Do you support digital supplemental applications?
No
How many supplemental applications are in your library?
–
Can you create custom applications/forms?
–
Are your forms formatted for both desktop and mobile use?
Yes
Can you show required forms and optional forms based on state and line of business?
Yes
Are you able to combine multiple forms into a single form?
Yes
Are you able to publish interactive forms to an agency website?
Yes
What other forms can be included?
Property, auto, recreational vehicles, motorcycles, boats
Are you able to capture client data from a CRM and/or AMS?
No
Please list all CRM and/or AMS integrations:
–
Do you provide self-service certificate management through an agency client portal?
No
Is there capability to export data from forms?
Yes
Is there capability to import data into forms (vehicle schedules, etc.)?
Yes
Is your product compliant with the California Consumer Privacy Act (CCPA)?
Yes
Is your product compliant with the New York Department of Financial Service (NYDFS) Cybersecurity Regulation (23 NYCRR 500)?
Yes
What is your subscription cost?
$199 per month (third party data acquisition charges apply)
What is the average up-front setup cost?
$0
What is the average per user or per agency cost per month (please specify user or agency)?
$245 a month average cost per agency
SALT Videos
SALT Demo
Q&A with SALT
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