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Software · head to head

CoverWallet vs Splice Software

C

CoverWallet

Software

Business insurance management platform

From
Free
Rated
-
Full reviewWebsite
Splice Software logo

Splice Software

Software

Digital transformation for insurance agents

From
$149/month
Rated
-
Full reviewWebsite

The short version

  • Only CoverWallet has a free tier, so it costs nothing to try first.
  • Each has a real cost: CoverWallet the Internet Archive's capture of CoverWallet's homepage on 19 December 2020 confirmed it operates as 'an Aon company' offering free instant quotes across insurance lines (general liability, workers compensation, business owners policy, cyber liability, D&O) rather than any published price list.; Splice Software pricing is not published; the site says pricing fits your budget without stating any figure
  • They diverge on capability: CoverWallet covers Quote comparison, Splice Software covers Client portal.

Where they differ

Only the attributes on which CoverWallet and Splice Software actually diverge.

Attributes where CoverWallet and Splice Software differ
AttributeCoverWalletSplice Software
Starting priceFree$149/month
Pricing modeltransactionsubscription
Free tierYesNo
Founded20112015

Identical on both: platforms (Web, Ios, Android), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in CoverWallet

  • Quote comparison
  • Expert guidance
  • Online binding
  • Renewal reminders
  • 24/7 support
  • Claims support
  • Multiple carriers
  • Payment processors

Only in Splice Software

  • Client portal
  • Document management
  • Communication tools
  • Task automation
  • Client engagement tracking
  • Analytics dashboard
  • Carrier APIs
  • IVANS

Both cover

  • Policy management
  • Mobile app
  • Data encryption
  • Cloud deployment
  • Web support
  • Ios support

What people use each for

The jobs each tool is most often brought in to do.

CoverWallet

  • Insurance comparisonnot Splice Software

Splice Software

  • Automated outbound customer messaging across voice, text and emailnot CoverWallet
  • Personalised policy and renewal notifications for insurersnot CoverWallet
  • Opt-in and consent management for outbound contactnot CoverWallet
  • Automated surveys after a customer interactionnot CoverWallet

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

CoverWallet

  • The Internet Archive's capture of CoverWallet's homepage on 19 December 2020 confirmed it operates as 'an Aon company' offering free instant quotes across insurance lines (general liability, workers compensation, business owners policy, cyber liability, D&O) rather than any published price list.

Splice Software

  • Pricing is not published; the site says pricing fits your budget without stating any figure
  • Sold mainly into insurance and regulated industries, and much of its value comes from integrations with systems like Duck Creek, Majesco and EZLynx

Pricing, plan by plan

CoverWallet

Free
  • Free AccessFree
    • Quote comparison
    • Expert advice
    • Online binding

Splice Software

$149/month
  • Core$149/month
    • Client portal
    • Policy management
    • Document sharing
  • Professional$349/month
    • All Core features
    • Advanced analytics
    • Carrier integrations

Which should you pick?

Choose CoverWallet if

  • You need quote comparison.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want expert guidance.
CoverWallet review

Choose Splice Software if

  • You need client portal.
  • You work on Web, Ios, Android.
  • You also want document management.
Splice Software review

Questions people ask

Is CoverWallet or Splice Software better?
Neither clearly leads. CoverWallet starts at Free and Splice Software at $149/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, CoverWallet or Splice Software?
CoverWallet has a free tier; the other does not. Paid plans start at Free for CoverWallet and $149/month for Splice Software.
Does CoverWallet or Splice Software run on more platforms?
Both run on Web, Ios, Android, so platform support will not decide this one for you.
Can I use CoverWallet for free?
Yes. CoverWallet has a free tier, so you can try it without paying. Splice Software starts at $149/month.
What is CoverWallet best used for?
CoverWallet is most often used for insurance comparison. Of those, insurance comparison is not what Splice Software is typically brought in for.
What can CoverWallet do that Splice Software cannot?
CoverWallet covers Quote comparison, Expert guidance, Online binding, Renewal reminders. Splice Software covers Client portal, Document management, Communication tools, Task automation. Both handle Policy management, Mobile app, Data encryption, Cloud deployment.
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