Quota-Share Claim Payments
One claim payment, the right underwriter split, automated and reliable.
Automate quota-share claim payments by drawing funds from multiple underwriter accounts using fixed blends, controlled presets, or payment-specific percentages.
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Reduce manual allocation effort
Automate underwriter funding splits and remove spreadsheet-based payment calculations.
Improve payment accuracy
Ensure claim payments draw from the correct underwriter funds with controlled allocation logic.
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Adapt to complex risk structures
Support fixed, preset, or bespoke quota-share allocations across changing contracts and claims scenarios.
Configure eligible funding accounts at payment account level, then define how each claim payment draws funds. Vitesse records the funding split, payment activity, and account movements to support transparency, reconciliation, and delegated authority oversight.
Funding account list
Define which underwriter funding accounts can support each payment account, helping prevent incorrect fund sources from being used.
Contract-level fixed split
Apply a fixed quota-share percentage to every payment from the contract account for consistent execution and simpler controls.
Approved preset blends
Give users a controlled list of allowed splits, suitable when contracts include scenarios or sections with different participation rules.
Flexible payment-level split
Allow authorised users to enter custom percentages when claim circumstances require a bespoke funding allocation.
Single claimant payment
The claimant or vendor receives one payment while Vitesse allocates the funding draw across participating underwriters.
Traceable reconciliation data
Each payment and funding movement is recorded against Vitesse accounts, supporting bordereaux matching, reporting, and audit trails.