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Software · head to head

Splice Software vs CoverWallet

Splice Software logo

Splice Software

Software

Digital transformation for insurance agents

From
$149/month
Rated
-
C

CoverWallet

Software

Business insurance management platform

From
Free
Rated
-

The short version

  • Only CoverWallet has a free tier, so it costs nothing to try first.
  • Each has a real cost: Splice Software pricing is not published; the site says pricing fits your budget without stating any figure; 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.
  • They diverge on capability: Splice Software covers Client portal, CoverWallet covers Quote comparison.

Where they differ

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

Attributes where Splice Software and CoverWallet differ
AttributeSplice SoftwareCoverWallet
Starting price$149/monthFree
Pricing modelsubscriptiontransaction
Free tierNoYes
Founded20152011

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 Splice Software

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

Only in CoverWallet

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

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.

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

CoverWallet

  • Insurance comparisonnot Splice Software

Where each one falls short

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

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

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.

Pricing, plan by plan

Splice Software

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

CoverWallet

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

Which should you pick?

Choose Splice Software if

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

Choose CoverWallet if

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

Questions people ask

Is Splice Software or CoverWallet better?
Neither clearly leads. Splice Software starts at $149/month and CoverWallet at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Splice Software or CoverWallet?
CoverWallet has a free tier; the other does not. Paid plans start at $149/month for Splice Software and Free for CoverWallet.
Does Splice Software or CoverWallet 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 Splice Software best used for?
Splice Software is most often used for automated outbound customer messaging across voice, text and email, personalised policy and renewal notifications for insurers, opt-in and consent management for outbound contact, automated surveys after a customer interaction. Of those, automated outbound customer messaging across voice, text and email and personalised policy and renewal notifications for insurers are not what CoverWallet is typically brought in for.
What can Splice Software do that CoverWallet cannot?
Splice Software covers Client portal, Document management, Communication tools, Task automation. CoverWallet covers Quote comparison, Expert guidance, Online binding, Renewal reminders. Both handle Policy management, Mobile app, Data encryption, Cloud deployment.

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