Fintech Awards 2021
www.wealthandfinance-news.com 24 Wealth & Finance International - 2021 FinTech Awards APR2w2 Salty, the Embedded Insurance® technology company, strives to make it easier for customers to get the best product – providing the right policy with the proper coverage. First and foremost, it knows how difficult navigating the choppy waters of insurance policies can be for end-users – and so it wishes to be the business that can make a difference – taking an innovative, technologically based, and forward-thinking approach to customer service. Being a Software-as-a-Service that gives carriers and distribution partners the platform they need to offer customizable and tailored policies that match the consumer’s needs, exemplary customer service can be done in real-time, conducted during the purchase process. Interestingly, for Salty, its largest market segment has become what it refers to as ‘wheels’; its intuitive and user-friendly platform facilitates the sale of autos, motorbikes, and motorsports products. However, this is just one element of its market. It serves a wide variety of industry verticals and fields, using artificial intelligence to analyze independent data points for what they are – important clues that can shape a company’s future. Furthermore, it sorts through a multitude of carriers to offer the right solution without fail. Salty, fundamentally, is deliberately distributed. As the first product first insurance tech company, this is pivotal. It hires the best talent from all over the world, ensuring that its team represents a wide variety of perspectives and cultural mindsets, always happy to be challenged to cultivate its further growth as a business and an employer. Its team members have full agency when making decisions – all while keeping the customer at the forefront of their mind – and are excited to find new ways to create an outstanding digitized experience. However, while its digital ambitions are a big part of its identity, Salty also ensures that customers have the opportunity to speak to a friendly human should they have any questions, comments, or concerns. Short deadlines, clear goals, and shared metrics can support and ensure all team members are in Salty is a company with a love of pushing itself to be the best. Having made a name for itself across multiple industries, with a platform that betters the insurance policy purchase process across various industries and market segments, it hopes to keep pushing what is possible to develop the best and brightest new technologies for its customers. Most Innovative Insurance Technology Company - USA the loop and on the same page. This has been pivotal in its growth, as its sprint-based operational model has allowed it to stay ahead of the curve in its industry, enabling its distribution approach to shine in terms of customer acquisition costs truly. Crucially, Salty can access customers for whom insurance is salient, avoiding adverse selection and poor claims performance in favor of giving the customer complete control; they can submit, get a quote, accept, pay, and receive proof of insurance all directly monitored by them. With Salty’s unique Embedded Insurance® platform set to change the insurance industry, Salty is excited to continue improving the lives of its clientele, taking itself to more markets as it continues to expand. Salty. Jun21260 To do this, Salty has funneled efforts and resources into making its technologies the best possible, bolstered by human ingenuity and further scaling its offerings in Wheels and other established markets, something it has been handling throughout 2021. As self-proclaimed ‘nerds and geeks’ when it comes to insurance, Salty employees find their passion for work in the sweet spot between technological advancement and industry-wide improvement. Salty’s Embedded Insurance® platform drives the creation of the best user experience and gearing up for its next big challenge. Company: Salty. Insurance Agency Contact: Daniel Bryan Website: wearesalty.com
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