# Vitesse > The financial infrastructure for insurance ## At a glance | Field | Value | | --- | --- | | Category | Billing & Payments | | Type | Solutions Provider | | Region | EMEA | | Headquarters | London, United Kingdom | | Founded | 2014 | | Stage | Growth | | Employees | 201-500 | | Funding | Series C | ## Overview Vitesse is a financial infrastructure platform purpose-built for the insurance industry. Founded in 2014 by Phillip McGriskin and Paul Townsend, the company provides integrated treasury management and payment solutions that give insurers real-time visibility and control over claims funds globally. The platform enables payments in over 180 countries and 110+ currencies, processing claims in as fast as 45 seconds through one of the largest domestic banking and payment settlement networks in the world. Originally a broader payments company, Vitesse strategically pivoted in 2022 to focus exclusively on insurance. The platform serves over 65% of the Lloyd's of London market and has processed more than $24 billion since inception. With 550+ connected partners, Vitesse's infrastructure streamlines the entire claims payment lifecycle from fund management through to claimant disbursement. The company is regulated by the FCA in the UK, DNB in the Netherlands, and has established Vitesse Trust Company, LLC chartered by the New York State Department of Financial Services. Vitesse operates from offices in London, New York, and Rotterdam, with approximately 235 employees across four continents. The founders previously built Envoy Services, a payments company acquired by Worldpay in 2011. ## Products & services ### Treasury Centralized treasury management platform providing real-time visibility and control over claim funds across the insurance ecosystem. **Key features:** - Single source of truth for global fund visibility - Real\-time liquidity monitoring across accounts and currencies - Potential to release up to 80% of idle capital in claim accounts - Cash\-flow forecasting and optimization - Audit\-ready reporting and compliance tools *Target users:* CFOs, treasury teams, finance operations ### Claims Payment Fast and reliable global claims payment solution enabling same-day or instant payouts to claimants worldwide. **Key features:** - Payments in 180\+ countries and 110\+ currencies - Claims settled in as fast as 45 seconds - Multiple payment methods: bank transfer, eCheck, pay\-to\-card, wallet - Automated fund replenishment - API and SFTP integration with claims administration systems *Target users:* Claims operations teams, claims administrators ### Premium Orchestration Automated premium collection and distribution platform for streamlining inbound insurance payment flows. **Key features:** - Automated premium collection and reconciliation - Multi\-party distribution workflows - Real\-time fund tracking - Complex premium structure handling *Target users:* Premium operations, finance teams ### Claimant Experience Enhanced payout experience giving claimants choice and speed in how they receive funds. **Key features:** - Payment method choice for claimants - Faster, safer payouts - Real\-time payment status tracking - Multi\-currency support *Target users:* Claimants, policyholders ### Vendor Pay Supplier payment solution for managing outbound payments to service providers across the insurance value chain. **Key features:** - Streamlined vendor payment workflows - Global payment network access - Consolidated payment management - Automated reconciliation *Target users:* Accounts payable, procurement teams ### Faster Claims Payment \(FCP\) Lloyd's market-specific accelerated claims settlement solution, built in partnership with Lloyd's and LIMOSS. **Key features:** - Digitized claims back\-office processing - API/SFTP integration with claim administrators - Automated loss fund replenishment - Fast, full\-value payments in 14\+ currencies - Part of Lloyd's Blueprint Two modernisation programme *Target users:* Lloyd's market participants, managing agents, brokers, delegated claims authorities ## Category & focus - Subcategories: Claims Payments, Treasury Management, Premium Orchestration - Insurance verticals: P&C, Specialty, Travel, Healthcare, Parametric - Target customers: Carriers, MGAs, TPAs, Brokers ## Notable customers - Lloyd's of London \(65%\+ of the market\) - Aspen Insurance - Brit Insurance - ManyPets - Yokahu - FloodFlash ## Links - Website: - Directory profile: - About: - Linkedin: --- *Last updated: 2026\-03\-25*