What is Velos?
Velos is an insurance automation platform that automates submission intake, underwriting triage, FNOL processing, and bordereaux reporting for carriers, MGAs, and TPAs.The platform extracts and enriches data from unstructured documents (loss runs, PDFs, emails), validates fields against underwriting rules and third-party sources, and flags missing or inconsistent details before they reach underwriters.
Automated FNOL capture and multichannel intake reduce rekeying and speed claims setup, minimizing missed claims and manual intervention.Standardized bordereaux processing and reporting templates cut spreadsheet rework and support scaling without proportional headcount increases.
Velos integrates with existing policy and core systems and provides managed implementation, workflow buildout, QA, and ongoing optimization.Security controls include SOC 2 Type II alignment and AES-256 encryption, with isolated customer instances and restrictions on using customer data to train external models.
Velos user reviews
Would you recommend Velos?
Velos's key features
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End-to-end automation platform for insurance workflows (submissions, underwriting, claims, bordereaux)
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Automated submission intake and triage with extraction, enrichment, and validation against underwriting rules and third-party sources
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Automated multi-channel FNOL intake and claim setup with capture and triage automation
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Standardized bordereaux processing and carrier-specific reporting transformation
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Enterprise-grade security and data privacy: SOC 2 Type II, AES-256 encryption, GDPR compliant, per-customer isolated instances, and no-training-on-customer-data policy
Velos use cases
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Automate insurance submission intake with Velos to extract and validate data from emails, PDFs and agency portals, eliminate manual rekeying, and integrate clean submissions directly into policy systems for faster quote turnaround
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Streamline underwriting triage by using Velos to extract key risk attributes and loss-run history from unstructured documents, enrich with third-party data, generate risk scores, and automatically route prioritized submissions to the appropriate underwriter
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Accelerate FNOL capture and bordereaux reporting with Velos by extracting claims and loss-run details from unstructured forms, auto-populating claims and accounting systems, and producing carrier-ready bordereaux and compliance reports
Who is it for?
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Insurance underwriters
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Claims adjusters
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Insurance operations managers
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Insurance data analysts
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Insurance brokers
