Velocity Risk Underwriters News

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Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU

Jan 7 2025 // Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk Underwriters, with a closing date early this year.Velocity Risk, providing...

Velocity Risk Partners with LSU to Develop Gulf Coast Hurricane Model

Jun 25 2024 // Velocity HoldCo, the parent company for Velocity Risk Underwriters, announced a joint venture with Louisiana State University (LSU) on a Gulf Coast-central hurricane model.The model uses daily data to predict US hurricane...

Velocity Risk Unveils New Coastal Homeowners Product for Florida, Texas

Apr 29 2020 // Velocity Risk Underwriters LLC has expanded its insurance products for homeowners in coastal areas of Florida and Texas.The company launched Velocity Flex Home as an additional homeowners product in Texas and Florida to...

Florida Carriers Seek Staggering Rate Increases Amid Market Turmoil

Feb 25 2020 // It’s no surprise that Florida carriers are raising homeowners’ insurance rates given several years of catastrophes and losses from litigation related to assignment of benefits and water damage claims.What may...

Velocity Risk Underwriters Expands Coverage to Coastal Homeowners in New Jersey

Oct 31 2019 // Velocity Risk Underwriters, LLC, has expanded its home insurance products to include coastal homeowners policies in New Jersey. According to Jose de Diego, director of Independent Agencies, New Jersey is the sixth state...

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