Core concepts

The Vitesse platform is built around two core areas: Treasury and Payments.

Treasury manages how funds are held within accounts, organised according to relationships between insurers, brokers, MGAs, TPAs, and other partners, and controlled within the platform. Funding defines how money enters accounts, while Payments defines how funds are disbursed to external recipients.

You fund accounts, manage funds within them, and use those accounts to make payments.

Understanding these concepts provides a foundation for how Vitesse structures, tracks, and executes financial operations across the insurance ecosystem.

Accounts

Accounts are the foundation of fund management within Vitesse, providing a structured way to segregate, organise, and oversee funds.

Each account maintains a live balance and records every entry and movement. Together, these records form the account cashbook, providing real-time visibility and a complete audit trail.

Funding

Funding is the process of adding money to accounts.

Customers can allocate funds to one or multiple accounts, ensuring the right balances are available to support payments and day-to-day operations.

Payments

Payments is the process of sending money from accounts to external recipients, such as claimants and service vendors.

Each payment is made against a designated account and released only if sufficient funds are available in the account.

Next step

Vitesse uses a prefunded treasury model to manage how funds are allocated, controlled, and released across delegated insurance operations.

For more information, see Operating model.