Velocity
End-to-end Agency Management System.
Overview
Velocity offers a comprehensive insurance solution designed to cater to the specific needs of MGAs, Program Administrators, Wholesalers, Carriers, and Retailers operating in the Property and Casualty market. It provides a wide range of essential features, including policy issuance and management, claims management, built-in rating capabilities, self-service portals for agents and insureds, billing and premium accounting functionalities, document management, and reporting tools.
✨ Key Features
- Built-in Rating Engine
- Policy Issuance and Administration
- Claims Administration
- Fiduciary Accounting
- General Ledger
- Direct Billing
- Management Reporting
- Document Management
- Workflow Management
🎯 Key Differentiators
- End-to-end agency management system with a built-in rating engine
- Comprehensive functionality covering policy, claims, billing, and accounting
- Focus on the P&C market for MGAs, wholesalers, and carriers
Unique Value: Velocity provides a single, scalable platform for all lines of P&C business, combining policy administration, rating, claims, and accounting in one solution.
🎯 Use Cases (3)
✅ Best For
- Property and Casualty insurance management
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Life and health insurance
🏆 Alternatives
Unlike some competitors that may require separate systems for different functions, Velocity offers a unified platform to manage the entire insurance lifecycle for P&C products.
💻 Platforms
🛟 Support Options
- ✓ Email Support
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
💰 Pricing
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