VRC Insurance Systems
VRC Insurance Systems is a privately held US software company founded in 1986 that provides policy administration, agency management, and integration software to MGAs, wholesale brokers, and insurance carriers in the P&C insurance industry.
- Company typePrivate
- Founded1986
- HeadquartersWestlake Village, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What VRC Insurance Systems does
VRC Insurance Systems is a privately held US software company founded in 1985/1986 and headquartered in Medford, Oregon, that builds business technology for the Property & Casualty (P&C) insurance industry. It targets Managing General Agents (MGAs), wholesale brokers, and insurance carriers with a modular platform consisting of Verity (its core policy administration and agency management system covering rating, policy issuance, premium accounting, and claims), Velocity (a secondary policy administration engine), and three add-on modules — Portal Pro for agent/insured/carrier self-service portals with embedded CRM, Data Plus for analytics and reporting, and API Connect for integrations to third-party data services (MVR, insurance scoring, flood zones, OFAC) and carrier rate APIs. The platform is supplemented by a Data Conversion Engine and a no-code configuration capability that allow customers to migrate from legacy systems and self-configure products, forms, rating, and workflows without vendor reliance.
The company's business model is a mix of recurring subscription revenue from software licensing of Verity and the add-on modules, plus professional services revenue from custom software development, implementation, data conversion, training, and managed cloud hosting. Go-to-market is enterprise field sales with a sales-led 'Book a Demo' motion via HubSpot, supported by content marketing, SEO, and an email newsletter; pricing is quote-based and not publicly disclosed, with annual billing cadence. The company reports a 90.35% average customer satisfaction rating and was recognized as a Top Performer in FeaturedCustomers' Fall 2025 Insurance Agency Management Software report, supported by more than 1,000 customer reference pieces, with named customers including The Underwriters Group, Hub International, and Orchid Underwriters.
VRC operates a small team (11–50 employees) with a single-country US footprint and no disclosed external funding, parent company, or acquisition history. Recent strategic emphasis has shifted toward intelligent automation, with a November 2025 announcement positioning RPA, AI, and ML capabilities for faster policy issuance and billing, alongside blog-level exploration of blockchain, IoT, and computer vision for claims — signaling a product evolution from a configuration-led policy administration suite toward a more automation- and AI-enabled platform.
VRC Insurance Systems firmographics
Firmographics- Name
- VRC Insurance Systems
- Legal name
- VRC Insurance Systems
- Website
- https://vrcis.com
- Company type
- Private
- Founded year
- 1986
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- VRC Insurance Systems is a privately held US software company founded in 1986 that provides policy administration, agency management, and integration software to MGAs, wholesale brokers, and insurance carriers in the P&C insurance industry.
- Ownership category
- akta.pro rank
VRC Insurance Systems industry classification
Industry- Product category
- Insurance Agency Management Software
- NAICS
- Software Publishers (5132), Other Insurance Related Activities (52429)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB)
Keywords
Where VRC Insurance Systems is headquartered
LocationHeadquarters
- HQ city
- Westlake Village
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
VRC Insurance Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Software Licensing/Subscription: Core agency management system (Verity) and related products (Velocity, Portal Pro, Data Plus, API Connect) sold as software licenses or subscriptions to MGAs, wholesale brokers, and insurance carriers
- Custom Software Development: Custom software development services since 1986, building applications to fill workflow gaps, improve efficiency, and create custom portals for agents, insureds, and carriers
- Implementation Services: Operational reviews, proposals, project management, and system set-up services for implementing the platform
- Data Conversion Services: Data migration and conversion services including customers, quoting, policies, and accounting data conversion
- Hosting Services: Cloud hosting solutions for insurance agencies providing secure and scalable infrastructure
- Training Services: On-site and online system training for insurance software
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Quote-based enterprise pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
VRC Insurance Systems product offering
Product offeringCore offering
VRC Insurance Systems sells a modular software platform for P&C insurance — built around its core agency management system Verity — that covers the full insurance policy lifecycle (rating, quoting, underwriting, policy issuance, billing/premium accounting, and claims administration) for Managing General Agents (MGAs), wholesale brokers, and insurance carriers. The platform is extended by Velocity (additional policy administration), Portal Pro (24/7 self-service web portal with CRM), Data Plus (analytics and reporting), and API Connect (real-time integrations with MVR, insurance scoring, flood zone, OFAC, and carrier rate systems). VRC monetizes the software via subscriptions/licenses and layers on implementation, hosting, training, data conversion, and custom software development services.
Product overview
VRC Insurance Systems provides a modular platform-plus-products architecture serving the MGA (Managing General Agent) and wholesale broker insurance market. The core platform is Verity, a comprehensive policy administration and agency management system covering the full insurance policy lifecycle including rating, quoting, policy issuance, premium accounting, claims administration, and reporting. A second core product, Velocity, serves as an additional policy administration engine for carriers and MGAs. The portfolio extends through add-on modules: Portal Pro delivers a customizable self-service web portal for agents, insureds, and carriers with built-in CRM capabilities; Data Plus provides analytics and reporting; and API Connect enables real-time third-party integrations with data services (MVR, insurance scoring, flood zones, OFAC) and carrier rate APIs. The company also offers a suite of professional services including hosting, training, data conversions, implementation, and custom software development.
Differentiator
Problem solved
Functional benefit
Brands
- Verity: Policy administration system for MGAs and carriers, providing policy management, rating, underwriting, and claims processing capabilities.
- Velocity
- Portal Pro
- Data Plus
- API Connect
Products and services
- Verity Core policy administration and agency management system for MGAs and insurance carriers, providing end-to-end management of the insurance policy lifecycle — from quoting and rating through policy issuance, billing, claims administration, and reporting. Designed for P&C insurance operations.
- Velocity Policy administration solution designed for insurance carriers and MGAs, supporting rapid policy deployment and management with configurable workflows and parameters.
- Portal Pro Customizable web portal for agents, insureds, and carriers providing 24/7 access to online quoting, binding, payments, reporting, and self-service policy management, with integrated CRM capabilities.
- Data Plus Analytics and reporting module providing data management and business intelligence tools for insurance agencies, enabling data-driven decision-making and performance tracking.
- API Connect Module enabling real-time API integrations with third-party vendors, carriers, and homegrown systems, allowing automated data exchange for MVR reports, insurance scoring, flood zones, OFAC checks, and carrier rate connections.
- Custom Software & Integrations Development Custom software development service, offered since 1986, building applications to fill client workflow gaps, improve operational efficiency, and create custom portals for agents, insureds, and carriers in the P&C insurance space.
- Cloud Hosting Services Cloud hosting services for insurance agencies running VRC's software, providing secure and scalable infrastructure.
- Training Services On-site and online training services to help insurance customers use VRC's software effectively.
- Data Conversion Services Data migration and conversion services that move customer, quoting, policy, and accounting data from legacy systems into VRC's platform.
- Implementation Services Implementation services covering operational reviews, proposals, project management, and system set-up for new customers going live on VRC's platform.
Quantifiable outcome
- 90.35% average customer satisfaction rating on task and accomplishments metrics
- +1 more outcomes
Companies that use VRC Insurance Systems
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
VRC Insurance Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability8 records
Feature7 records
VRC Insurance Systems partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
VRC Insurance Systems competitors and assessment
Company assessmentBroad incumbents
- Vertafore: Major insurance technology provider offering agency management, rating, and carrier connectivity solutions for P&C agents and MGAs. Directly comparable to VRC's Verity/Velocity offerings in policy admin and agency management, but at significantly larger scale under Roper Technologies ownership.
- Majesco: Cloud-native core insurance platform serving P&C, life, and health insurers with policy admin, underwriting, and analytics. Comparable to VRC at the carrier side of the market, with broader product scope and larger enterprise footprint.
- Guidewire Software: Public insurtech platform offering core policy administration, claims, and billing for P&C insurers globally. Competes with VRC at the carrier end of the customer base and increasingly down-market into MGAs with cloud-native InsuranceSuite.
- Applied Systems: Leading provider of insurance agency management systems serving agencies, brokerages, and MGAs across P&C and benefits lines. Comparable to VRC as a competing agency/policy administration platform, but Applied is a much larger, PE-backed incumbent with broader product portfolio and deeper carrier integrations.
- Duck Creek Technologies: Cloud-native SaaS core system for P&C insurers and MGAs, covering policy, billing, and claims. A direct substitute for Verity/Velocity at the carrier/MGA tier, with stronger AI/cloud investment profile.
- Sapiens International: Global insurance software provider offering core platforms for P&C, life, and reinsurance, including policy administration and underwriting. Competes with VRC at the carrier tier with broader geographic reach and a wider product suite.
Direct peers
- EZLynx: Agency management and comparative rating platform for independent insurance agents, owned by Applied Systems. Closely overlaps VRC's rating, quoting, and policy issuance capabilities for small-to-mid agencies and MGAs, representing a direct head-to-head competitor in many accounts.
- HawkSoft: Agency management system vendor focused on independent insurance agencies and small MGAs in the P&C market. Comparable to VRC in customer profile and policy admin focus, with similar size and depth in the independent agent channel.
- Insuresoft (Acclaim): Insurance software provider offering agency and policy administration systems for personal and commercial lines carriers and MGAs. Closely overlaps VRC's Verity functionality in policy lifecycle management for similar P&C customer segments.
Emerging players
- NowCerts: Modern comparative rating and agency management platform targeting independent agents and MGAs. Overlaps with VRC's Portal Pro and rating capabilities but is a younger, more cloud-native entrant competing for similar accounts.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
VRC Insurance Systems social profiles
Digital presenceVRC Insurance Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
VRC Insurance Systems leadership team
Management profileNumber of profiles
Profiles1 record
VRC Insurance Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
VRC Insurance Systems 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 VRC Insurance Systems
What does VRC Insurance Systems do?
VRC Insurance Systems sells a modular software platform for P&C insurance — built around its core agency management system Verity — that covers the full insurance policy lifecycle (rating, quoting, underwriting, policy issuance, billing/premium accounting, and claims administration) for Managing General Agents (MGAs), wholesale brokers, and insurance carriers. The platform is extended by Velocity (additional policy administration), Portal Pro (24/7 self-service web portal with CRM), Data Plus (analytics and reporting), and API Connect (real-time integrations with MVR, insurance scoring, flood zone, OFAC, and carrier rate systems). VRC monetizes the software via subscriptions/licenses and layers on implementation, hosting, training, data conversion, and custom software development services.
Is VRC Insurance Systems a public or private company?
VRC Insurance Systems is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was VRC Insurance Systems founded?
VRC Insurance Systems was founded in 1986. It employs 11 to 50 people.
Where is VRC Insurance Systems based?
VRC Insurance Systems is headquartered in Westlake Village, United States, in the North America region.
How does VRC Insurance Systems make money?
Six revenue lines are on record. Software Licensing/Subscription is the primary driver. The others are custom Software Development, implementation Services, data Conversion Services, hosting Services and training Services.
Who are VRC Insurance Systems's main competitors?
Broad incumbents on record are Vertafore, Majesco, Guidewire Software, Applied Systems, Duck Creek Technologies and Sapiens International. Direct peers are EZLynx, HawkSoft and Insuresoft (Acclaim). NowCerts is listed as an emerging player.
Does VRC Insurance Systems have an API?
Yes. API Integration Software enables applications to exchange data without human input, connecting platforms so they can share information automatically. VRC's API Connect product facilitates real-time data exchange between insurance carriers, agents, partners, and third-party systems. It supports insurance-specific integrations such as MVR reports, insurance scoring, flood zones, OFAC checks, and API-connected carrier rates. The company states it can build custom integrations if a connection does not already exist. Developer documentation is at www.vrcis.com/products/api-connect.
What industry is VRC Insurance Systems in?
VRC Insurance Systems's product category is Insurance Agency Management Software. Its primary akta.pro industry code is FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS). Its NAICS code is 5132 and its SIC code is 7372.