Smart Salvage Bidding is a platform which connects salvage buyers to the Insurance Companies. The platform gives an opportunity to the insurance companies to dispose-off their salvage through open bidding process.
The buyers will be required to download the Smart Salvage Bidding App using their Android or Apple phones and register as a genuine bidder for purchasing the salvage that is published by the insurance company.
The insurance companies will be given a portal to publish their salvage with the images. The moment salvage is published by the insurance company the buyers will get the notification on their phones inviting them into the bidding process.
The App will also direct the location of the salvage availability to the buyer if he intends to see the salvage physically and then bid.
Highlights
1. Provides an ultimate buying experience to the salvage buyers
2. Provides high value realization for the insurance companies to compensate the claim amount
3. Provides optimum transparency between the buyers & sellers
4. Provides wide reach to invite more buyers for disposing the salvage