How can we help?
Schedule a demo or get support from our team.
Which hub would you like to connect to?
Please choose the hub corresponding to the accounts you want to access. Select the UK Hub if they are associated with Vitesse PSP Ltd, or the US Hub if they are associated with Vitesse Trust LLC.
Vitesse’s solutions for
Third-Party Administrators
Segregate and protect delegated funds, provide real-time visibility to your clients, and accelerate payments.
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Segregate and protect delegated funds
Manage delegated funds separately by insurer, safeguarded with Vitesse's tier-1 banking partners.
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Give clients real-time oversight
Provide your clients with direct visibility into balances and payment activity, backed by detailed transaction data and audit trails.
Accelerate claim payments
Eliminate cash calls and keep funds ready for fast payments to claimants and suppliers through Vitesse’s global payment network.
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Safeguarded funds
Provide an added layer of trust by holding your clients' funds with Vitesse in tier-1 banks. Kept separate from your operational accounts, these funds are never commingled—ensuring transparency, protection, and peace of mind for you and your clients.
Smart fund management
You can open as many accounts as needed to mirror your operating model. Whether managing standalone claims funds or handling subscription-based contracts, you gain full control and visibility, ensuring accurate fund segregation, simplified reconciliation, and operational efficiency. Read more.
Fast claim payments
Vitesse PSP boasts a powerful Global Payment Network, ensuring fast, secure payouts worldwide. We offer a range of payment methods, including instant and same-day bank transfers, as well as postal and electronic checks. More options are added regularly to meet policyholders' evolving needs.
Great claimant experience
Create digital journeys that reflect your client’s brand using the Payee Choice portal, where claimants can securely select their preferred payment method and submit their details with confidence. Vitesse handles authentication and sensitive data tokenisation, ensuring robust security and full compliance on your client’s behalf. Read more.
Simplified vendor payments
Streamline payments to on-panel suppliers by consolidating individual claim payments into scheduled bulk disbursements, daily, weekly, or monthly. This reduces administrative workload, minimizes transaction fees, and simplifies reconciliation. The result is greater cost control, faster settlement, and stronger relationships with key service providers. Read more.
Seamless operations
Instruct payments from your existing claim management system using an API integration or automated batch files transfers. Vitesse serves as the payment engine behind the scene. Alternatively, our portal can be used to initiate and authorise payment instructions manually or in batch.
What does Vitesse do for TPAs?
Vitesse provides TPAs with financial infrastructure to manage and safeguard claim funds on behalf of their insurer clients. It gives insurers real-time visibility into funds and payment activity, while providing consistent reporting for reconciliation, audit and governance. It also equips TPAs with fast global payment capabilities for claimants and suppliers. By embedding these capabilities into their proposition, TPAs can differentiate their services and strengthen their competitive position with insurers.
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How does Vitesse help TPAs manage claim funds?
Vitesse enables TPAs to manage claim funds across multiple insurer clients and programmes within a consistent framework. Unlimited virtual accounts can be created to segregate funds and generate a cashbook for each programme, with configurable permissions to view activity, add funds and make payments. Real-time visibility enables insurers to fund proactively, helping eliminate disruptive cash calls and enabling TPAs to deliver a more reliable service and improve customer satisfaction.
What payment capabilities does Vitesse provide?
Vitesse enables TPAs to make fast, secure payments to claimants and suppliers globally on behalf of their insurer clients. Payment options include bank transfers, postal and electronic checks in the U.S., virtual cards and other digital methods. The platform can hold funds in 26 currencies and make payments in nearly 100 currencies across more than 150 destinations. Vitesse can automate the claimant payment journey, from securely collecting payment details to executing payments, while repeat supplier payments can be consolidated and scheduled for greater efficiency.
Where does Vitesse operate globally?
Vitesse has offices and regulated operations in the US, UK and EU, licensed and overseen respectively by the New York Department of Financial Services (NYDFS), the Financial Conduct Authority (FCA) and the Dutch Central Bank (DNB). This enables TPAs operating across markets to manage claim funds and payments within a consistent framework, with clear reporting and audit trails for their insurer clients.
How does Vitesse fit into existing TPA operations?
Vitesse supports flexible operating models. An insurer can contract with Vitesse and delegate claim funds and payment authority to its TPA, or a TPA can contract directly with Vitesse and manage safeguarded funds on behalf of multiple insurer clients, while providing them with real-time transparency. Mixed models are also supported, allowing TPAs to work with both Vitesse-contracted and non-contracted insurers. TPAs can operate with Vitesse online or integrate with their claims management system via API or file exchange. This may represent an operational change, but Vitesse provides structured onboarding and dedicated support, with the change largely balanced by improved fund management, automation, payment capabilities and reconciliation.