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Discover Velonetic's legacy, expertise, and impact in the London Insurance Market. … A legacy of innovation and transformation … The story of Velonetic is one of evolution, expertise, and an unwavering commitment to simplifying insurance policy …
Velonetic connects people, process and technology to reduce costs, and streamline every stage of the insurance lifecycle - from placement to claims to settlement. That's why we're trusted by 400+ market participants. … *Numbers from 2025 … Services and …
See broker performance clearly with a dashboard purpose built for Managing Agents … Get the broker management information dashboard co‑created with the Lloyd’s Market Association Broker payment behaviour and submission quality directly affect cash flow …
The Faster Claims Payment (FCP) solution, Vitesse, now allows managing agents to create funding accounts in 11 new currencies, providing greater flexibility and cost-effectiveness in the claims payment process. … 1 September 2023 … As more managing agents …
Lloyd’s and Velonetic hosted a market event providing updates on progress, data council priorities, digital processing build, and adoption strategies. Slides and recording available. … 19 June 2023 … On Monday 19 June, Lloyd’s and Velonetic, hosted the …
Lloyd’s and Velonetic hosted an event to discuss interoperability, focusing on how brokers and carriers can use different processes and technology for various insurance tasks. … 9 May 2023 … On Tuesday 9 May, Lloyd’s and Velonetic, hosted an event to …
The Blueprint Two working session in February brought together market leaders to discuss delivery, customer journeys, and updates from industry professionals. … With over 200 market leaders attending from the London market, it was a great way to come …
The London Market Group’s Data Council has published their final recommendations for a fully digital open market placement process, including roles and responsibilities for data creation and processing. … Having considered feedback provided in the …
The Faster Claims Payment (FCP) solution has won multiple awards in the insurance industry for centralising and improving claims funds, benefiting customers and market participants. … 26 July 2023 … FCP wins 'Claims Initiative of the Year' and 'Claims …
Lloyd’s has appointed Matt Unsworth as Transformation Director to oversee the implementation of Blueprint Two solutions, working with market associations and technology partners. … 2 May 2023 … Matt Unsworth to join Lloyd’s as Transformation Director …