Featured image

How to Improve Insurance Payouts with Vitesse

Are you tired of slow and inefficient insurance payouts? Look no further than Vitesse, the integrated treasury and payment service provider for the insurance industry. With their recent Series C funding round of £73m, Vitesse is poised to revolutionize the way insurance claims are managed.

According to a recent article by UKTN, Vitesse’s investors include KKR and Hannover Digital Investments. This funding will allow Vitesse to continue to develop their platform and expand their reach in the insurance industry.

So, how can Vitesse improve your insurance payouts? Here are five steps to get started:

  1. Sign up for Vitesse’s platform: The first step is to sign up for Vitesse’s platform and integrate it with your insurance claims system. This will allow you to manage payouts to claimants more efficiently.

  2. Streamline your payment process: Vitesse’s platform allows you to streamline your payment process by automating many of the manual tasks involved in managing insurance payouts. This will save you time and money in the long run.

  3. Improve your cash flow: By using Vitesse’s platform, you can improve your cash flow by getting payouts to claimants more quickly. This will help you manage your finances more effectively and reduce the risk of cash flow problems.

  4. Reduce fraud: Vitesse’s platform includes advanced fraud detection capabilities that can help you reduce the risk of fraudulent claims. This will help you save money and protect your reputation in the industry.

  5. Enhance customer satisfaction: By improving your insurance payouts with Vitesse, you can enhance customer satisfaction and build a stronger reputation in the industry. This will help you attract and retain more customers over time.

With Vitesse, you can turn real-time data into insurance. Using unique real-time data and dynamic risk modelling, Vitesse enables insurers to build and operate parametric insurance at scale. Simple. Reliable. Fast.

Don’t settle for slow and inefficient insurance payouts. Sign up for Vitesse today and start improving your insurance payouts. For more information, check out the recent article by UKTN on Vitesse’s Series C funding round.