Velocity Risk Underwriters Revenue and Competitors

Location

$9.3M

Total Funding

Insurance

Industry

Estimated Revenue & Valuation

  • Velocity Risk Underwriters's estimated annual revenue is currently $33.1M per year.(i)
  • Velocity Risk Underwriters's estimated revenue per employee is $236,500
  • Velocity Risk Underwriters's total funding is $9.3M.

Employee Data

  • Velocity Risk Underwriters has 140 Employees.(i)
  • Velocity Risk Underwriters grew their employee count by -14% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$44.9M1906%$8MN/A
#2
$38.5M15914%N/AN/A
#3
$0.7M650%N/AN/A
#4
$11.3M574%N/AN/A
#5
$4.5M294%N/AN/A
#6
$90.2M3286%N/AN/A
#7
$51.8M214-4%N/AN/A
#8
$28.4M12917%N/AN/A
#9
$36.5M151-4%N/AN/A
#10
$58.6M2428%N/AN/A
Add Company

Velocity Risk Underwriters, LLC offers residential and commercial property insurance programs in higher risk catastrophe exposed coastal areas around the country. With carriers rated A by A.M. Best, and an appetite for significant coastal exposure, Velocity Risk Underwriters, LLC occupies a unique niche that focuses on delivering competitive pricing, innovative products and a common-sense underwriting philosophy in these higher risk markets. Velocity Risk Underwriters, LLC is different in many ways from other carriers: All our carriers are A.M. Best A rated or better. With substantial capital backing our business is dedicated to both coastal risks and long term market participation. Admitted paper for peace of mind and guarantee fund protection along with Non-Admitted paper option. Large appetite for all residential coastal risks, including wind only. Velocity Risk Underwriters offers competitive pricing and a high quality product offering.

keywords:N/A

$9.3M

Total Funding

140

Number of Employees

$33.1M

Revenue (est)

-14%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Velocity Risk Underwriters News

2019-03-04 - Velocity Risk Underwriters expands offering to North Carolina ...

Coastal-focused property insurer, Velocity Risk Underwriters, LLC, recently announced the expansion of its home insurance offerings to ...

2019-02-04 - Velocity Risk Underwriters Expands Coverage to Coastal ...

NASHVILLE, Tenn., April 2, 2019 /PRNewswire/ -- Velocity Risk Underwriters, LLC, has expanded its home insurance products and now offers ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$15M1405%N/A
#2
$35M140N/AN/A
#3
$25.4M14059%N/A
#4
$39.4M14114%N/A
#5
$38.8M1411%N/A