Vela replaces fragmented payment tools with a single PayFac-native platform — premium collection, commission disbursement, surplus lines compliance, and AI-powered reconciliation. Purpose-built for agencies, MGAs, and wholesalers.
When your agency routes payment collections through the Arrowhead network — powered by Penumbra and 0030 — your monthly processing volume offsets your Vela subscription, dollar for dollar. High-volume agencies and MGAs can qualify for Vela at no platform cost.
Trust accounts, carrier remittance cycles, surplus lines taxes, commission splits, 1099 filings, premium finance — each with its own compliance layer and settlement timeline. Vela handles all of it.
Vela sits at the center of every one of these flows — automating settlement, compliance, and reporting in a single platform.
See How Vela Works →From premium collection to commission disbursement, compliance filing to renewal management — Vela gives your team a single, unified view of every dollar in your distribution business.
Carriers have sophisticated payment rails. Policyholders have consumer apps. Distribution sits in the middle, duct-taped together.
Existing insurance payment tools are wrappers — no real PayFac structure, no surplus lines tax automation, no surcharge rules engine. You're absorbing third-party markup on every transaction and still building compliance workarounds by hand.
Carrier remittance arrives as flat files. Split commissions require spreadsheets. 1099s are a quarterly nightmare. Your producers wait weeks for payments that should settle in hours.
MGAs collect from policyholders, remit to carriers, cede to reinsurers, and disburse to producers — all on disconnected rails. Every step is a reconciliation problem waiting to happen.
Not a generic payments API wrapped around insurance. A platform designed from the ground up for how distribution actually works.
Sub-merchant IDs for every agency. IC+ interchange. No third-party markup sitting between you and your margin. Full PayFac structure with real underwriting, not a managed account wrapper.
Automated SLTA filing across all stamping office states. Real-time tax calculation at checkout. Audit trail built in. Florida, Texas, California — every state handled without manual intervention.
Carrier remittance ingestion via IVANS download. Automated split calculations. Same-day ACH to producers. 1099-NEC generation at year-end — no spreadsheets, no quarterly scramble.
State-by-state surcharge permissibility enforced at the payment rail level. CA, ME, CT zero-surcharge states handled automatically. No compliance officer required at every checkout.
Compliance Monitor, Reconciliation Agent, Renewal Agent, COI Agent, and Commission Tracker running 24/7. Exceptions surface automatically. Your team works exceptions, not transactions.
Designed to work alongside every major agency management system. IVANS download format supported out of the box. Switch AMS platforms without rebuilding your payment layer.
Whether you're a single-location agency or a PE-backed rollup with 40 locations, Vela scales with your structure.
Collect premiums at checkout, disburse commissions to producers automatically, and let the Renewal Agent track every expiring policy. Drop into your existing AMS setup — no rip and replace. Compliance handled at the platform level.
Full carrier remittance, producer commission splits, reinsurance cession tracking, and surplus lines compliance in one platform. Onboard retail brokers as sub-merchants. Reconcile against carrier flat files automatically.
Non-admitted paper, surplus lines tax, and multi-state compliance handled automatically at every transaction. Stamping office filings, audit trails, and state-specific tax calculations built into every checkout flow.
Vela connects directly into the platforms your team already uses — no rip and replace, no parallel data entry.
Working with a specific platform? Tell us and we'll build it.
Vela is the insurance-layer application. The payment rails underneath are built by Arrowhead's portfolio companies — giving your agency institutional-grade infrastructure that no standalone insurtech can match.
Join the waitlist or book a demo. We're onboarding agency groups, MGAs, and PE-backed rollups now.