6 Easy Steps
Losses are unexpected. Salvage claim recoveries shouldn’t be.
SalvageSale helps you recover the maximum salvage value while reducing claims cycle time with our powerful commerce technology. As the largest global online marketplace for disposition of commercial salvage, SalvageSale challenges the traditional methods of recovery and has become a superior solution for lowering loss ratios and reducing subrogation expenses for insurance carriers.
A trusted partner of claims handlers and insurance companies for more than 10 years, SalvageSale takes the complexity out of recovering maximum salvage value. We also reduce claims cycle time by integrating with your existing claims processes, as well as provide sophisticated decision support and reporting. Optimal value is ensured with the help of salvage experts with deep experience across key commercial lines of business and over 85,000 high-quality global buyers. As a result, SalvageSale creates significant recovery outcomes for the world’s leading insurance providers. Learn how our innovative approach can make a difference for you.
1.) IDENTIFY & PREPARE
Program managers help you identify and prepare salvage for market.
DIFFERENTIATOR
Program management
An AssetNation program manager works with you to design and implement a comprehensive recovery program that meets your business goals. We can also help you develop a centralized recovery program to channel all salvage claims into active markets.
2.) EVALUATE & POSITION
Our experts carefully consider your salvage item’s condition and prepare an auction strategy to maximize your recovery.
DIFFERENTIATOR
Salvage experts
SalvageSale’s category experts maximize
your transactions by evaluating auction timing, writing rich item descriptions, developing pricing strategies, and positioning your salvage.
3.) MARKET
We build demand by marketing your salvaged items to a global community of serious, qualified buyers.
DIFFERENTIATOR
A network of marketplaces
AssetNation’s network of interconnected marketplaces offers a consistent buying experience and multiplies your exposure to create liquidity and high-value recoveries for your salvage. Tens of thousands of active buyers from around the world have the opportunity to view, bid, and purchase your salvage.
4.) NEGOTIATE
Buyers deliver offers or competitively bid for your salvage.
DIFFERENTIATOR
Technology
AssetNation’s powerful commerce technology ensures complete marketplace transparency during negotiations and enables robust bidding and a true market price. SalvageSale’s marketplace averages 200 bids per market.
5.) AWARD & SETTLE
We manage the entire awarding and settlement process so your transactions are completed quickly and smoothly.
DIFFERENTIATOR
Complete settlement services
SalvageSale provides branded invoicing, electronic payments and disbursements, and multi-tenant payments to simplify your accounting.
6.) PROGRAM VISIBILITY
You can rely on prior salvage marketplace history to support your decision making.
DIFFERENTIATOR
Information and decision support
SalvageSale provides you with the reporting and metrics you need to increase salvage recovery program visibility and adoption.
