The Win-Win Solution for Small Business Needs

To address the needs of a growing industry, Vela established our Velocity Small Business segment with a focus on efficiency and speed to market.

​Velocity Small Business

Our broad coverage, competitive pricing, and prompt turnaround allow our broker partners to quickly respond to the needs of their clients- this is the foundation of success between Vela and our broker partners. Our dedicated Velocity team is committed to responsiveness, with a high level of service, in providing insurance solutions for businesses with annual revenues up to $2,000,000.

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Velocity Owners Interest

Vela’s Velocity offers an Owners Interest policy providing insurance protection for Project Owners during construction. Project Owners could find themselves with liability due to actions performed by independent contractors. Our Owners Interest policy extends liability coverage for Project Owners for the bodily injury or property damage that are a result of the actions of their contractors or subcontractors, with project costs up to $100,000,000. 

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Vela’s Velocity Small Business Insurance Solutions

Coverage Capabilities
  • Qualifying size of risk- $2,000,000 receipts maximum and/or $750,000 payroll maximum
  • Owners Interest- up to $100,000,000 project costs
  • Contracting Business- All States - excluding NY
  • Primary Limits- $1,000,000/$2,000,000 or $2,000,000/$4,000,000
  • Excess Limits- up to $5,000,000
Vela’s Velocity Small Business Insurance Solutions Vela’s Velocity Small Business Insurance Solutions

Industry Opportunities

Construction

  • General Contractors
  • Trade Contractors
  • Owners Interest
  • Remodelers
  • Swimming Pool Contractors

Velocity Recent Wins

  • Owners Interest - Includes Excess policy, $6,894, UT
  • Residential & Commercial Plumbing Contractor, $19,515, CA
  • Foundation And Excavation Contractor, $10,000, MA
  • Contractor Specializing In Painting Drywall, Etc, $8,775, GA
  • Concrete Construction Contractor, $11,880, CA
  • Minor Excavation. Debris Clean Up And Site Clearing, $10,000, OR
  • Concrete/ Remodeling Contractor, $11,000, TX
  • Steel Framing, $10,395, WA
  • Framing, Siding, Fence And Decks Contractor, $9,000, TN
  • Flooring Contractor - includes Excess policy, $9,100 WA
  • Awning Installation/Cleaning, $13,525, CT
  • Alarm Installation, $14,155, TX
  • Owners Interest, $14,890, GA
  • Welding Contractor, $5,000, OH
  • General Contractor - includes Excess policy, $18, 007, NV
  • Door, Window And Siding Installation Contractor, $10,000, ID
  • Structural Steel Contractor - includes Excess policy, $34,886, UT
  • Pool Contractor, $14,985, NV
  • Carpet Installer, $12,813, CA
  • Owners Interest, $11,541, FL
  • Excavation Contractor, $10,000, MT
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Velocity Small Business Team

ADAM VERHOEKS, CRIS

ADAM VERHOEKS, CRIS

Vice President, Velocity Small Business

NICHOLAS JANDEL, AINS, CRIS

NICHOLAS JANDEL, AINS, CRIS

Assistant Vice President

LISA-RAE GREER, CRIS

LISA-RAE GREER, CRIS

Associate Risk Specialist

KATHERYN KOEPPLER

KATHERYN KOEPPLER

Associate Underwriter

TRAVIS LILLEY, CRIS

TRAVIS LILLEY, CRIS

Senior Underwriter

FRANCISCO LOPEZ

FRANCISCO LOPEZ

Senior Underwriter

BRYAN E. NAGY, CRIS

BRYAN E. NAGY, CRIS

Senior Underwriter

LORI B. PADGETT, CLCS

LORI B. PADGETT, CLCS

Underwriter II

SANTO PEZZOTTI

SANTO PEZZOTTI

Underwriter II

NOLAN P. REILLY, AU, AINS

NOLAN P. REILLY, AU, AINS

Underwriter II

PETER SLAVIN

PETER SLAVIN

Senior Underwriter

ANA R. VILLARREAL

ANA R. VILLARREAL

Underwriter II & Team Lead

KYLE SIMMONS

KYLE SIMMONS

Underwriter II

ROBBIE YANOVICH, CRIS

ROBBIE YANOVICH, CRIS

Senior Underwriter

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