Our process is geared around optimizing value for our customers. We ensure assets are handled to minimize loss, are marketed widely among potential buyers, and are traded in a fair, fast and efficient manner.
The SalvageSettlers leadership team comprises individuals with expertise in critical performance areas: asset valuation, asset disposal, insurance claims (for insurance salvage), information technology, market research and analysis, and online sales. The team is continuously working to improve our processes, operations and market-making to optimize value for our customers. SalvageSettlers is the evangelist of professional salvage, scrap and idle asset management in India, having pioneered and promoted the concept of online eAuctions for the insurance industry in 2007.
We base our services on industry standards promoted by bodies such as the CVC, IRDA, GIPSA and CBDT, ensuring our services are in line with audit and statutory requirements.
All eAuctions and listings are promoted and managed in a transparent and fair manner. Anyone authorized and interested in witnessing an auction can view it as a seller or participant, once equipped with a username and password. We also provide an auction report detailing all bids received during an auction.
We know that speed of response is essential to minimize loss from damaged or idle assets. SalvageSettlers has a team of professionals located across the country who act promptly to limit any potential loss and quickly expedite a sale.
With its attention to detail and thorough professionalism, SalvageSettlers has acquired a reputation for reliability and a solid customer base. Still, we know that each customer engagement is a new opportunity for us to prove our commitment to value optimization and we work hard to maintain our customers' loyalty.
We allow sellers to focus on core business and allocate resources optimally, by handling time- consuming activities such as buyer scouting, market-making, negotiations, lifting and payment.
