As insurers face mounting pressure to modernize, cut costs, and speed up claims processing, the insurance auction marketplace is overdue for transformation. That’s where Salvato, Inc. comes in – and why we're excited to announce that our Co-Founder and CEO, Peter Jebson, attended Insurtech Insights USA, June 4 – 5, 2025 at booth K25.
Designed to spark partnerships between forward-thinking insurers and innovative startups, Insurtech Insights provides a great opportunity for Salvato to showcase its innovative approach, the benefits early insurance adopters are seeing and to showcase its innovative, proven approach to insurers.
Why Insurers Are Partnering with Salvato
Salvato is reimagining the total loss vehicle auction process with a platform that delivers measurable financial and operational results to insurers:
- Higher Net Salvage Return
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- Insurers save up to $300+ per Total Loss vehicle
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- Total Loss claims are resolved 14+ days faster
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- Fully-Managed Title Transfer in as little as 1 day, with no physical paperwork
- Fully-Managed Title Transfer & Lienholder Services with Payoff and Letter-of-Guarantee in avg. 2-3 business days – without your team needing to sit on the phone with lienholders
Unlike legacy participants who built their businesses on in-person auctions and centralized storage yards, Salvato was designed for today’s claims environment.
“The two current auctions built their footprint around the now dated-practice of in-person auctions and at a time when the insurance claims process took months,” said Peter Jebson. “That’s no longer the case. With modern tech and evolving regulations, insurers can now move fast, and Salvato puts that time and cost savings back in the hands of sellers and buyers where it belongs.”
Built for Scale, Backed by Experience
With multiple insurers already signed on and more in the pipeline, Salvato is gaining real traction ahead of our auction launch this summer. Backed by investors like Walkabout Ventures, we’re not just a startup – we’re a well-capitalized, proven team solving a real, billion-dollar pain point.
“We led Salvato’s round because of the team’s deep understanding of this complex market,” said Josh Diamond, General Partner at Walkabout Ventures. “Their ability to sign major insurers and buyers pre-launch speaks volumes.”
Let’s Build the Future of Insurance Auctions
Insurers no longer need to accept the status quo from legacy auction providers. Salvato is proving that a better model exists—faster, leaner, and more aligned with your bottom line.
