Velocity Public Adjusting
Velocity Public Adjusting is a US-based public adjusting firm that represents residential, commercial, and multi-family property owners in insurance claims disputes on a contingency fee basis, with in-house legal support and licensing across 36 states.
- Company typePrivate
- Founded2021
- HeadquartersScottsdale, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Velocity Public Adjusting does
Velocity Public Adjusting LLC is a US-based public adjusting firm founded in 2021 that represents property owners in disputes with their insurance carriers. The company operates from offices in Lexington, Kentucky (headquarters) and Scottsdale, Arizona, and is legally domiciled in Arizona. Founder Jack Hanks, who serves as President and CEO, brings over 30 years of experience in the claims and restoration industry and is licensed as a public adjuster in 36 states. The firm's principal is also a recipient of the 'Public Adjuster of the Year' industry award.
The company's core offering is contingency-based claims representation across four service lines: residential claims adjusting, commercial claims adjusting, property damage appraisals, and adjuster training. Velocity's workflow is structured around four stages — inspection, valuation, negotiation, and settlement — with field inspectors documenting losses using adjuster-level standards and Xactimate estimating software. A notable differentiator is its in-house team of nationwide attorneys, which allows the firm to pursue litigation without outsourcing to external counsel, a capability uncommon among small public adjusting firms.
Velocity operates on a contingency fee model, charging policyholders only upon successful settlement of their claims, with no upfront costs. Go-to-market is sales-led and event-driven, relying on direct outreach (phone, email, website forms), thought leadership through founder-driven media appearances, and content marketing via the company's 'Latest Insights' blog. The firm is privately held with no disclosed external funding, and revenue is generated exclusively through contingency fees tied to claim settlements across residential, commercial, and multi-family property segments.
Velocity Public Adjusting firmographics
Firmographics- Name
- Velocity Public Adjusting
- Legal name
- Velocity Public Adjusting LLC
- Website
- https://vpa.claims
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Velocity Public Adjusting is a US-based public adjusting firm that represents residential, commercial, and multi-family property owners in insurance claims disputes on a contingency fee basis, with in-house legal support and licensing across 36 states.
- Ownership category
- akta.pro rank
Velocity Public Adjusting industry classification
Industry- Product category
- Public Insurance Adjusting Services
- NAICS
- Claims Adjusting (524291)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Claims Administration & TPA Services (FNOL, Subrogation, Litigation Mgmt) (TLABANAH)
Keywords
Where Velocity Public Adjusting is headquartered
LocationHeadquarters
- HQ city
- Scottsdale
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Velocity Public Adjusting business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Contingency-Based Public Adjusting Fees: Velocity Public Adjusting operates on a contingency fee model where they do not require any upfront payment from clients. Public adjusters are only paid when the policyholder's claim is settled and paid. This aligns incentives between the public adjuster and the client, encouraging adjusters to maximize claim settlements. Most public adjusters don't require payment until the claim is paid in full.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Outcome Based/ Performance | Pay-as-you-go | Contingency-based representation with no upfront costs |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Velocity Public Adjusting product offering
Product offeringCore offering
Velocity Public Adjusting is a public adjusting firm that represents individual, commercial, and multi-family property owners throughout the insurance claims process. The firm handles damage inspection, policy evaluation, valuation, and direct negotiation with insurance carriers on the policyholder's behalf to secure optimal settlements, supported by an in-house nationwide legal team for litigation cases.
Product overview
VPA Public Adjusting offers a single-service model centered on insurance claims representation. The core offerings include Residential & Commercial Claims Adjusting (handling policy review, damage documentation, negotiation, and settlement for property owners) and Property Damage Appraisals (advocating for consumers during the appraisal process). The company also provides Adjuster Training to grow the industry. All services follow the same process: Inspection, Valuation, Negotiation, and Settlement. The company also has an in-house legal team for litigation support.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential & Commercial Claims Adjusting
Companies that use Velocity Public Adjusting
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Velocity Public Adjusting technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature3 records
Velocity Public Adjusting partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights4 records
Velocity Public Adjusting competitors and assessment
Company assessmentBroad incumbents
- Sedgwick: Major claims and loss adjusting provider with broad property, casualty and specialty lines. Comparable in claims handling capability but operates as a large incumbent serving carriers and employers rather than policyholders directly.
- Crawford & Company: Global claims management giant offering independent adjusting, loss adjusting and managed repair services. Overlaps with VPA in property claims handling but operates at much larger scale and typically serves carriers.
Direct peers
- Greenspan Adjusters International: Long-established public adjusting firm serving residential and commercial clients on insurance claims disputes. Direct competitor with similar contingency-based representation model and catastrophe-event focus.
- Eberl Claims Service: Independent claims adjusting firm handling property and casualty losses, including catastrophe response. Comparable in operating model (independent adjusting for property claims) and in serving both individual and commercial clients.
- GAB Robbins North America: Independent adjusting and claims management firm with national coverage across property and casualty lines. Comparable to VPA in claim handling scope, though typically serves carriers rather than policyholders.
- Adjusters International: One of the largest dedicated public adjusting firms in the US, representing policyholders on commercial and residential property claims. Closely comparable to VPA in core service (claims representation), customer base and contingency fee model.
- Pilot Catastrophe Services: Specialist in catastrophe and large-loss claims handling across the US. Directly comparable to VPA's disaster response and large-loss commercial work, with similar geographic reach.
Emerging players
- ClaimFox: Tech-enabled platform connecting policyholders with public adjusters. Overlaps with VPA in customer acquisition for public adjusting services but takes a marketplace rather than direct-service approach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Velocity Public Adjusting social profiles
Digital presenceVelocity Public Adjusting financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velocity Public Adjusting leadership team
Management profileNumber of profiles
Profiles1 record
Velocity Public Adjusting funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velocity Public Adjusting M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Velocity Public Adjusting
What does Velocity Public Adjusting do?
Velocity Public Adjusting is a public adjusting firm that represents individual, commercial, and multi-family property owners throughout the insurance claims process. The firm handles damage inspection, policy evaluation, valuation, and direct negotiation with insurance carriers on the policyholder's behalf to secure optimal settlements, supported by an in-house nationwide legal team for litigation cases.
Is Velocity Public Adjusting a public or private company?
Velocity Public Adjusting is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Velocity Public Adjusting founded?
Velocity Public Adjusting was founded in 2021. It employs 11 to 50 people.
Where is Velocity Public Adjusting based?
Velocity Public Adjusting is headquartered in Scottsdale, United States, in the North America region.
How does Velocity Public Adjusting make money?
One revenue line is on record: contingency-Based Public Adjusting Fees.
Who are Velocity Public Adjusting's main competitors?
Broad incumbents on record are Sedgwick and Crawford & Company. Direct peers are Greenspan Adjusters International, Eberl Claims Service, GAB Robbins North America, Adjusters International and Pilot Catastrophe Services. ClaimFox is listed as an emerging player.
Does Velocity Public Adjusting have an API?
No public API is recorded for Velocity Public Adjusting.
What industry is Velocity Public Adjusting in?
Velocity Public Adjusting's product category is Public Insurance Adjusting Services. Its primary akta.pro industry code is TLABANAH, Claims Administration & TPA Services (FNOL, Subrogation, Litigation Mgmt). Its NAICS code is 524291 and its SIC code is 6331.