Velocity Overview
What is Velocity?
Velocity is an all-in-one, comprehensive Property & Casualty (P&C) insurance administration platform tailored for a wide range of insurance entities, including MGAs, Program Administrators, Wholesalers, Carriers, and Large Retailers. It consolidates core insurance functions into a single system: policy issuance and administration, claims management, built-in rating, billing and premium accounting, document management, and extensive reporting. The platform also features self-service portals for both agents and insureds, ACORD forms/custom apps, a rich API Library for integrations, and self-configuration training, providing a unified solution for managing the entire insurance lifecycle.
Who it's for:
Velocity is designed for established insurance organizations such as MGAs, Program Administrators, Wholesalers, Carriers, and large retail agencies that need a full-featured, integrated system to manage all aspects of their P&C insurance operations, from policy creation to claims settlement.
Our verdict:
Velocity is a formidable, all-encompassing P&C insurance suite that offers exceptional breadth and depth of functionality. Its ability to serve diverse segments of the insurance ecosystem with a unified platform makes it a scalable and powerful choice for organizations looking to consolidate their technology stack and streamline complex operations.
Velocity Details
Velocity Platforms supported
Cloud, SaaS, Web-Based
Desktop Windows
Desktop Chromebook
Desktop Linux
Desktop Mac
Mobile Android
Mobile iPad
Mobile iPhone
On-Premise Linux
On-Premise Windows
Velocity Support options
FAQ Forum
Velocity Training options
Documentation
In-Person
Live Online
Videos
Webinars
Velocity Related Categories
Velocity Typical customers
Freelancers
Small Businesses
Small to Mid size businesses
Mid size businesses
Mid to Large size enterprises
Large enterprises
Very Large enterprises
Velocity Features
Most valued Velocity features by users
Claims Management
Commission Management
Contact Management
Document Management
Insurance Policy Management
Insurance Rating
Life & Health
Property & Casualty
Quotes/Estimates
Billing & Invoicing
Broker / Agent Portal
Customer Portal
Policy Management
Reinsurance Administration
Risk Assessment
Underwriting Management
Cancellation Tracking
Claims Tracking
Policy Generation
Policy Issuance
Top Velocity Alternatives & Competitors
NowCerts is a modern, cloud-based insurance agency management system described as meticulously crafted, secure, intelligent, and intuitive. It is a comprehensive platform that covers a wide array of agency needs, includi... Read More
Jenesis Software is a web-based management system tailored for independent agents handling both personal and commercial lines of insurance. It helps agents build strong relationships with policyholders through efficient ... Read More
HawkSoft Customer Management System (CMS) is a long-established leader in agency management software, serving thousands of independent agencies since 1995. Created by agents for agents, it takes pride in its independent ... Read More
Applied Epic is a leading, enterprise-grade agency management system from Applied Systems, available both on-premise and in the cloud. It provides comprehensive automation capabilities for insurance businesses through a ... Read More
BindHQ is a modern, high-performance agency operating system engineered specifically for technology-driven Managing General Agents (MGAs), Managing General Underwriters (MGUs), and wholesale insurance intermediaries. Its... Read More
Macaw AMS is a cloud-hosted, end-to-end Insurance Agency Management System built specifically for Managing General Agents (MGAs) and Brokers. It streamlines the entire insurance lifecycle across key functions including C... Read More
Agency Advantage, by Jenesis Software, is an online agency management solution designed to tackle the dual challenge faced by independent insurance agents: acquiring new customers while effectively retaining existing one... Read More
Agency Matrix, now part of ITC, positions itself as the most robust and affordable cloud-based technology provider in the insurance agency marketplace. As a leader in cutting-edge technology, it is committed to deliverin... Read More
Agentero is a platform designed to empower independent insurance agents by helping them optimize their book of business, work more efficiently, and enhance the policyholder experience. It likely provides tools for book a... Read More
Commission Tracker by AmbiCom is a specialized software solution laser-focused on the financial backbone of benefits agencies: commission management. It is specifically designed for agencies that sell group and individua... Read More