Vela Insurance Services (a Berkley Company)

Vela Insurance Services, a Berkley Company, is a prominent player in the insurance landscape, specializing in excess and surplus lines. Headquartered in Chicago, Illinois, Vela operates with a commitment to providing tailored insurance solutions across four key market segments: Velocity Small Business, Construction, Specialty Casualty, and Professional Liability. With a focus on serving contracted wholesale brokers nationwide, Vela ensures that its products are accessible and supported by a team of highly experienced professionals dedicated to delivering exceptional service. The company’s offerings are designed to meet the unique needs of diverse industries, including construction, healthcare, and professional services, among others. Vela’s Velocity Small Business segment caters to the specific requirements of small enterprises, providing them with flexible and comprehensive coverage options. In the construction sector, Vela addresses the complexities and risks associated with various projects, while its Specialty Casualty and Professional Liability segments offer robust solutions for businesses facing unique liability challenges. Vela Insurance Services is backed by the financial strength of W. R. Berkley Corporation, which holds an A+ (Superior) rating from A.M. Best and an A+ (Strong) rating from Standard & Poor’s, ensuring clients can trust in the stability and reliability of their insurance provider. Additionally, Vela operates as a licensed surplus lines broker in California, further solidifying its commitment to compliance and professionalism. With a focus on innovation and customer-centric solutions, Vela Insurance Services continues to be a leader in the excess and surplus lines market, leveraging advanced technologies to enhance operational efficiency and client engagement.