Velos
AI automation platform for back-office insurance and finance processes, positioning itself as an alternative to BPO outsourcing by automating data entry, bordereaux, policy servicing, billing & invoicing, loss reserving, and month-end close.
About Velos
Velos helps non-technical operations teams automate complex, manual back-office tasks with AI workers instead of overseas teams.
Unlike traditional robotic process automation (RPA) platforms like UiPath, Velos automations use machine learning to reliably handle ambiguities in their tasks, eliminating the need for an army of maintenance engineers and consultants to build and maintain your automations.
We're automating the repetitive work people hate to do.
Products
End-to-end AI automation platform with managed implementation for insurance and finance back-office processes, combining AI workers custom trained for insurance operations with...
What customers say
MRI uses Velos to match bank transactions with municipal general ledgers and migrate historical payroll data. Velos reports eliminating over 500 hours of annual reconciliation work and reducing manual data handling…
Case studyGable uses Velos to process dealership inventory submissions, calculate premiums, update carrier reports and track missing submissions. Velos reports a 90% reduction in reporting errors and processing reduced from days…
Case studyKamylon uses Velos to automate document analysis for investment due diligence. Velos reports 5,000 hours saved annually, a tenfold increase in deals reviewed and reduced need to hire additional analysts as the firm's…
Case study
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