Velos

Velos is an AI back office automation company that describes itself as an insurance business process outsourcing alternative. It targets specialty managing general agents, program managers and commercial property and casualty carriers, and replaces outsourced labor with software for post bind work such as policy servicing, bordereaux reporting to capacity partners, submission intake and compliance workflows. The approach is to learn a customer's process and turn it into auditable workflows that combine AI with code. Velos tests these workflows against the customer's real data, learns edge cases and applies business rules, with versioning and human in the loop steps for audit and quality control. The vendor positions this as handling volume spikes without adding headcount or growing an offshore team. One customer example describes a monthly bordereaux report assembled from data supplied by more than 200 dealerships in many formats, with the vendor reporting 98 percent accuracy and reporting time cut by six days. A separate customer quote says Velos built custom data import pipelines for each of its own customers' data formats. It is a service oriented offering for insurance and finance operations teams rather than a self serve app. The site publishes no pricing and directs visitors to talk to sales.