Vela Value - Why Partner with Us?
For more than 25 years, we have cultivated strong relationships with our broker partners and shown our commitment to an evolving Excess & Surplus Lines industry by listening and responding to the needs of our customers.
WHY VELA
Vela Value
Vela provides our exclusive network of wholesale brokers with a single source of comprehensive resources to meet their clients’ needs. We are an Excess & Surplus lines problem solver, consistently thinking outside of the box, providing innovative Casualty and Professional solutions. Responsiveness and speed to market are cornerstones of the wholesale brokers experience partnering with Vela. Our experienced and knowledgeable staff offer unique solutions for complex risks which earns Vela a strong reputation in the marketplace.
The Advantages of Partnering with Vela
Vela Happenings
Vela Happenings
Recently Vela employees participated in the mentoring program offered by RISE (Rising Insurance Star Executive) Professionals. Shannon Wendling, Senior Litigation Support Specialist II and Ashley Tyler, Underwriting Assistant participated as mentees and Leah Dominy, VP of Construction served as a mentor. Each of them found the experience to be beneficial and a positive enhancement in their career development.
When asked about their experience these words came to mind: Confidence Builder, Safe Environment, Industry Exposure, Giving Back
The structured program was free and spanned for 3 months, with an average time commitment of 1.5 hours per month. As a mentor Leah was provided with questions to facilitate the discussion with her assigned mentee. She found the experience to be fulfilling as she was able to share her experiences with someone who was new to the industry. Ashley and Shannon appreciated engaging with mentors who had different work and company experiences than them – which garnered different perspectives and approaches to leadership styles and attributes.
Leah, Ashley and Shannon viewed participating in the formal mentoring program as a great opportunity to expand their networks and learn from others. Although the program was short in nature they will continue to foster the relationships and stay focused on the goals they set for themselves.
FAQs
VelaConnect
VelaConnect gives you the power to view detailed policy information, send loss runs to yourself and others, view forms and endorsements, and download billing statements. Access at any time from your smartphone, tablet, or computer.
Vela smallBiz - Need a Quick Small Business Professional Liability Quote?
Vela smallBiz is an exclusive small account facility, available 24/7. Quote, bind and issue a policy in minutes for a broad range of over 300 Miscellaneous Professional Liability classes. Contact your Underwriter or Risk Specialist for more information or email Karen Penney. Access smallBiz through VelaConnect to get started today!
The Power of Berkley
Vela is one of the 55+ (re)insurance businesses worldwide that comprise the Berkley brand. Berkley is one of America’s largest commercial lines property casualty insurance providers, operating worldwide within two segments of the P&C insurance business: Insurance and Reinsurance & Monoline Excess. Each business offers expertise within an industry, product, or region.
Vela is a member of W. R. Berkley Corporation, a Fortune 500 company that is listed on the New York Stock Exchange and is part of the S&P 500. W. R. Berkley Corporation’s insurance company subsidiaries are rated A+ (Superior), Financial Size Category XV by A.M. Best Company and A+ (Strong) by Standard & Poor’s.
Berkley’s competitive advantage lies in its long-term strategy of decentralized operations. This structure provides each Berkley business the agility of a small business—the ability to identify and respond quickly and effectively to changing market conditions and local customer needs. It provides our Berkley businesses with the strength and resources of a Fortune 500 organization as well as the financial accountability and incentives to attract and retain the highest-caliber professionals.
