About Vitesse

Vitesse is a treasury and payments platform built for the insurance industry.

It enables insurers, Managing General Agents (MGAs), and Third-Party Administrators (TPAs) to manage claim funds, maintain visibility and control over those funds, and make payments to claimants and service vendors.

Vitesse is organised into two core areas:

Treasury – managing, allocating, safeguarding, and optimising claim funds
Payments – executing and tracking payments to claimants and service vendors

Vitesse capabilities

Safeguarding

Hold and segregate client funds using regulated safeguarding frameworks and tier-1 banking partners.

Real-time visibility and control

Monitor balances, funding activity, and payments across accounts and delegated partners.

Global payments

Make payments to claimants and service vendors using supported payment methods and currencies worldwide.

Risk sharing

Support payments funded by multiple insurers or capacity providers.

Funds pooling

Allocate and distribute funds across multiple accounts from a central funding source.

Delegated authority

Manage user access, approval workflows, and operational controls across insurers and delegated partners.

Payee Choice

Allow recipients to securely choose how they receive payments and submit payment details.

Vendor Pay

Support scheduled, queued, or grouped payments to vendor and supplier networks.

Platform architecture

The Vitesse platform uses a virtual account ledger to track balances and fund movements in real time.

The platform includes:

Segregated safeguarding accounts held with tier-1 banking partners
A global payment network supporting local and cross-border payment delivery
Workflow and approval controls for funding and payment operations
Reporting and integration capabilities for operational and reconciliation processes

Typical use cases

Vitesse supports a range of insurance payment and treasury workflows. Common examples include:

Insurers allocating and managing claim funds, providing capacity to MGAs, monitoring delegated payment activity, and overseeing balances across TPAs and other partners.
MGAs managing delegated claim funds, segregating funds across capacity providers, and coordinating payment activity with TPAs and service vendors.
TPAs managing client funds separately and making payments to claimants and vendors on behalf of insurers or MGAs.
Brokers coordinating premium and claim fund movements between insurers, MGAs, TPAs, and other market participants while supporting reporting and reconciliation processes.