Velocity Risk Underwriters Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Velocity Risk Underwriters

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Velocity Risk Underwriters Fast Facts

Revenue	$100 - $500 million    See Exact Annual Revenue
Employees	100 - 500Exact Company Size
Primary Industry	52421 Insurance Agencies & Brokers
Address	10 Burton Hills, Suite 300 Nashville, TN 37215

Note: Revenues for privately held companies are statistical evaluations.


Velocity Risk Underwriters's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Velocity Risk Underwriters's annual revenues are $100 - $500 million (see exact revenue data)
• What industry is the company in?
  • Velocity Risk Underwriters is classified as operating in the Insurance Agencies & Brokers industry, NAICS Code 52421.

Velocity Risk Underwriters Annual Revenue and Growth Rate

Velocity Risk Underwriters	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$100 - $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Velocity Risk Underwriters's revenues are gauged from an analysis of company filings.

Velocity Risk Underwriters's Income Statement (based on Industry Averages)

Velocity Risk Underwriters P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Velocity Risk Underwriters has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
February 17, 2021	0	N/A	$0 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Velocity Risk Underwriters is developing and marketing. Velocity Risk Underwriters doesn't have any recent trademark applications, indicating Velocity Risk Underwriters is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
VELOCITY RISK Insurance services, namely, underwriting catastrophe insurance, policy administration and claims management in the nature of insurance claims processing	03/05/2021
VELOCITY SPECIALTY INSURANCE COMPANY Insurance services, namely, underwriting catastrophe insurance, policy administration and claims management in the nature of insurance claims processing	02/12/2021
VELOCITY FLEX Insurance services, namely, underwriting catastrophe insurance, policy administration and claims management in the nature of insurance claims processing	07/08/2020

See all trademarks and details in the Full Report.

Market Share of Velocity Risk Underwriters's Largest Competitors

A competitive analysis shows these companies are in the same general field as Velocity Risk Underwriters, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SAGEWELL HEALTHCARE BENEFITS TRUST	Pittsburgh, PA	100
LOS ANGELES CITY EMPLOYEES ASSN.	Los Angeles, CA	10
SEQUOIA ONE PEO	Tempe, AZ	5
ARTHUR J. GALLAGHER	Itasca, IL	4
MARSH & MCLENNAN COMPANIES	New York, NY	4
WILLIS NORTH AMERICA	Nashville, TN	3
IOWA BANKERS MORTGAGE	Johnston, IA	3
LOCKTON	Kansas City, MO	2
HUB INTERNATIONAL LIMITED	Chicago, IL	2

Nearby Competitors

These companies are similar in business line and location to Velocity Risk Underwriters. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
WILLIS NORTH AMERICA	Nashville, TN	100
DAVIES US	Nashville, TN	10
FIRST ACCEPTANCE	Nashville, TN	8
LUCENT HEALTH SOLUTIONS	Nashville, TN	3
PREMIER HOLDINGS	Nashville, TN	1
VELOCITY RISK UNDERWRITERS	Nashville, TN	1

Future Competition: Velocity Risk Underwriters's Fastest Growing Competitors

These companies are in the same general field as Velocity Risk Underwriters and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)