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Velocity Logo

Velocity

4.1
(15)

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Insurance agency management system

(2)

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Velocity Pricing, Features, Reviews and Alternatives

Velocity FAQs

Q. What type of pricing plans does Velocity offer?

Velocity has the following pricing plans:
Pricing model: One Time License

These products have better value for money


Q. Who are the typical users of Velocity?

Velocity has the following typical customers:
Large Enterprises, Mid Size Business, Small Business


Q. What languages does Velocity support?

Velocity supports the following languages:
English


Q. Does Velocity offer an API?

No, Velocity does not have an API available.


Q. What level of support does Velocity offer?

Velocity offers the following support options:
FAQs/Forum

Velocity product overview

What is 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.

Key benefits of using Velocity

  • 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.

  • Workflows can be automated and duplicate data entry eliminated with Velocity's various functionalities, scripting capabilities, and architectural design.

  • 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
  • Typical customers

    Freelancers
    Small businesses
    Mid size businesses
    Large enterprises

    Platforms supported

    Web
    Android
    iPhone/iPad

    Support options

    FAQs/Forum

    Training options

    Live Online
    In Person
    Documentation
    Videos

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    Velocity pricing information

    Value for money

    4.1

    /5

    15

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    Velocity features

    Functionality

    4.1

    /5

    15

    Total features

    35

    6 categories

    Most valued features by users

    Activity Dashboard
    Billing & Invoicing
    Document Management
    Quotes/Estimates
    Broker/Agent Portal
    Cancellation Tracking
    Carrier Upload
    Claims Management

    Functionality contenders

    Velocity users reviews

    Overall Rating

    4.1

    /5

    15

    Positive reviews

    Rating breakdown
    • Value for money
    • Ease of use
    • Features
    • Customer support
    • Likelihood to recommend7.5/10
    Rating distribution

    5

    4

    3

    2

    1

    5

    9

    0

    0

    1

    Pros
    Super flexibility, rock solid Oracle base with friendly personal support.
    The service we received from Velocity was top notch and I would say that's the best part of their company.
    Have been using Velocity for 5 years. Have found it solid and reliable.
    Cons
    There are certain tasks that are difficult to reverse, such as when a mistake is made when generating an invoice.
    The big downside to the software to me is the GUI. But with the addition of all of the portals we can make/use, and the future with the new dashboard, this can be a non issue.

    Overall rating contenders

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