Veta+

Name

Veta+

Legal name

GRUPO VETA 2017, S.L.

Website

https://veta.plus

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

251–500 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Insurance Claims Management Services: B2B professional services providing comprehensive claims management to insurance companies, assistance providers, and asset managers. Services include expert assessment (peritación), claims processing (tramitación), and repair coordination. Modular and integral service model adapted to client needs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Veta+ provides comprehensive insurance claims management services for insurance companies, assistance providers, and asset managers in Spain, covering expert damage assessment (peritación), claims processing (tramitación), and repair coordination (reparación). Its proprietary Eugen software platform covers 100% of the claims lifecycle — opening, processing, repair, assessment, and reporting — and is paired with a national network of 140+ field adjusters, 40+ digital managers, and a proprietary triage system that selects the optimal inspection method per claim. Services are offered modularly or as a fully integrated Gestión Integral model adapted to each insurer's needs.

Product overview

Veta+ operates as a modular insurance claims management platform combining in-house technology with four integrated service lines. The core offering is centered on the Eugen platform (eugen.solutions), a proprietary end-to-end software covering the full claim lifecycle (opening, processing, repair, assessment, reporting). Around this platform, Veta+ delivers three service modules: Peritación (multi-channel damage assessment via 140+ field adjusters and 40+ digital managers), Tramitación (claims processing adapted to insurer models, covering multirisk, enterprise, electrical, and atmospheric claims), and Reparación (national repair network coordination). The Gestión Integral model combines all modules in a flexible, modular architecture allowing insurers to consume individual services or a full-service package.

Differentiator

Problem solved

Functional benefit

Brands

• Eugen: Proprietary software platform developed in-house that covers 100% of the insurance claims lifecycle including opening, processing, repair, assessment, and reporting. The company has over 10 years of experience in software development for leading insurance companies.

Products and services

• Eugen Proprietary end-to-end software platform developed in-house by Veta+ that covers 100% of the insurance claim lifecycle including opening, processing, repair, assessment, and reporting. Built by a development team with over 10 years of experience creating apps, mobility, cloud, integration, and automation solutions for leading insurance companies.
• Peritación (Peritaje) Multi-channel damage assessment service using both a network of over 140 field adjusters for on-site inspections and a team of 40+ digital managers for remote evaluation, supported by a unique triage system to select the most appropriate inspection method per claim type. Sold to insurance companies, assistance providers, and asset managers.
• Tramitación Claims processing service adapting to the insurer's model and objectives, covering general multirisk claims, specialized enterprise claims, electrical damage claims, and atmospheric phenomenon claims, with dedicated multidisciplinary teams and personal supervisors per client.
• Reparación National repair network service leveraging 15+ years of experience and 50% own staff, coordinating trade workers to deliver punctual, high-quality, and cost-effective repairs for insured properties across Spain.
• Gestión Integral Modular integral claims management model that adapts to the insurer's needs, offering individual or combined services across all claim phases — opening, processing, assessment, compensation, and repair — available at modeloveta.es. Sold to insurance companies and assistance providers.

Quantifiable outcome

• Full traceability of claims from opening to resolution

Named customers3 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature3 records

Partnerships

One partnership is on record.

• Veryfica Servicios de AuditoríacoreStrategic or Co-development PartnerVeryfica is an innovative company in claims processing and expert assessment. It is an integral part of Grupo VETA+, one of the largest service providers for insurance companies in the market. Veryfica specializes in outsourcing management processes for insurance companies, focused on designing, developing, and implementing specific management procedures for insurance companies and assistance providers.

Scale indicators5 records

Recent moves1 record

Expansion highlights5 records

Emerging players

• Snapsheet: Snapsheet provides cloud-based claims management and appraisal software for auto and property insurers. Comparable to Eugen as an emerging claims-tech challenger but with narrower geographic footprint and a more software-led (rather than field-services-led) model.
• ClaimLogiq: ClaimLogiq is a healthcare-claims cost containment vendor, but included as an adjacent emerging player demonstrating the broader InsurTech/claims-tech pattern of digitising and outsourcing claim lifecycle processes that Veta+ addresses for property claims.

Direct peers

• Davies Group: Davies Group is a specialist professional services and technology firm providing claims management, loss adjusting, and consulting to insurers. Comparable to Veta+ across claims outsourcing, technology-enabled handling, and European presence.
• Crawford & Company: Crawford & Company is a global independent provider of claims management and loss adjusting solutions to insurance carriers and corporates. Direct peer in property/casualty loss assessment, claims processing, and managed repair services.
• Innovation Group: Innovation Group provides insurance software and BPO services for claims and policy administration to carriers globally. Comparable to Veta+ as an integrated claims tech-and-services provider serving insurance and assistance companies.
• McLarens: McLarens is an international loss adjusting and claims management firm serving insurers across multiple lines including property. Comparable to Veta+ in core peritación (loss adjusting) and integrated claims handling services.
• Sedgwick: Sedgwick is one of the largest global providers of claims management, loss adjusting, and managed repair services to insurance carriers and employers. Directly comparable to Veta+ as a full-stack B2B claims outsourcing partner with both technology and field-service capabilities.

Broad incumbents

• Solera Holdings: Solera is a global provider of software and services to the automotive and property claims ecosystem. Comparable as a broader-incumbent claims technology vendor rather than a direct field-services competitor to Veta+.
• CCC Intelligent Solutions: CCC Intelligent Solutions is a leading SaaS platform for the P&C insurance economy spanning claims, repair, and telematics. Comparable to Veta+'s Eugen platform as a broader-incumbent claims technology vendor with deeper scale and resources.
• Mitchell International: Mitchell International provides P&C claims technology including estimating, workflow, and repair management solutions to insurers and repairers. Comparable to Eugen as a broader property-claims software incumbent rather than a direct services peer.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/grupo-vet-a

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veta+