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Velocity

Name: Velocity
Rating: 4.5 (2 reviews)

By VRC Insurance Systems

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Highlights : About Velocity

ACORD forms

Captive brokerage

Captive sales force

Contact management

Customer service integration

Document management

Multi-Line industries

Multiple product tracks

Policy management

Insurance rating

Cancellation tracking

Claims tracking

Commercial lines

Comparative insurance rating

Knowledge management

MGA administration

Policy issuance

Comparative insurance rating

Self service portal

Multiple line rating

Single data entry

About Velocity

Velocity - from VRC Insurance Systems - is a comprehensive insurance solution designed to help insurance agencies configure and control workflows for their daily operations. The solution provides an all-in-one insurance solution for the property & casualty market and has been designed to meet the business needs of MGAs (Managing General Agents), MGUs (Managing General Underwriters), program administrators, wholesalers, small carriers, reinsurers and speciality retailers. An end-to-end agency management system, Velocity provides an extensive set of features integrated into one application. These include a built-in rating engine, policy issuance, direct portal interface with Velocity application (only 1 database), endorsements, renewals, and claims.Velocity's core functionality includes: policy management & administration; claims management; custom applications; built-in rating; portal interface; accounting; CRM; and client self service.

Specifications

Business Size

Startup

Deployments

Premise

Language Support

English

Platforms

Product Details

Benefits

Velocity's built-in rating enables the internalization of underwriting rules. Rating information can be exposed to anyone on the web.

The software's 'online certificates' feature provides an access point for insurance agents, brokers and clients to input, print, and manage insurance certificates.

Velocity is a soft-coded, parameter driven solution that allows insurance agencies to configure and control their own workflows.

VRC's SaaS solution enables companies to eliminate the cost of servers and maintenance.

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