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Corgi Launches AI Insurance Coverage to Protect Businesses When AI Goes Wrong SUPERAGENT AI Unveils Platform 2.0, Delivering a Unified Autonomous Workforce for Independent Insurance Agencies Ahoy!® Insurance Partners with Smart Choice® to Expand Access to Innovative Boat Insurance for Independent Agents Origami Risk’s P&C Platform Selected by Gramercy Risk Management Datamatics Expands Client Relationship with a Fast-Growing American Insurtech Firm to Drive AI-Led Operations Transformation Marsh Risk Unveils AI-Powered Risk Companion Suite of Analytics to Empower Clients With Faster, Smarter Risk Management Roamly Launches World’s First Real-Time Insurance for Autonomous Fleets with a 50% Discount Root Insurance Launches 24-Hour Agent Appointment Program, Setting New Industry Standard for Speed BMS Group Selects mea Platform’s AI Products to Advance Placement Efficiency Through Digital Broking Operations Track Claims “Like Food Delivery” With New Insly Claims Portal Chubb Partners With Insify to Launch Digital Disability Insurance BYD Selects bolttech as Strategic Partner for Embedded Insurance PRA Publishes Plans to Support Resilience in the Life Insurance Industry Axxion Launches in Dubai as an Independent Motor Claims Management Company for UAE Insurers WTW Strengthens Support for Health Insurers Globally as Demand for Analytics Grows

July 7 2023

Carpool Conversations At Insurtech Insights Europe With Vitesse’s Dan Andrews

Welcome back to another episode of Carpool Conversations. In this episode, we are joined by Dan Andrews, Insurance Director at Vitesse PSP Limited. Vitesse provides their customers with a single connection to a network of domestic clearing systems, landing full-value payments as quickly as possible.

“We’ve built out a network of correspondent banks in over 170 countries so far, with over 100 currencies supported. What we do is leverage those banks to access local clearing rails, to make real-time payments where there is real-time infrastructure. If there isn’t, then we look to deliver that payment to that country as quickly as possible.”

“Largely speaking, it’s quite a seamless process for us in terms of integrating with our banking partners and pushing those payments through. You could call us a middleman if you like. Our relationship is direct with the insurers, but it’s not necessarily just the insurers. It could be 3rd party administrators, it could be assistance providers. They send us the payment instructions and we push it through to our correspondent banks to process those transactions.”

This episode with Dan Andrews of Vitesse PSP offers a clear view into how the company is reshaping the future of real-time, cross-border insurance payments.

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  1. Corgi Launches AI Insurance Coverage to Protect Businesses When AI Goes Wrong

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  2. SUPERAGENT AI Unveils Platform 2.0, Delivering a Unified Autonomous Workforce for Independent Insurance Agencies

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     Read more
  3. Ahoy!® Insurance Partners with Smart Choice® to Expand Access to Innovative Boat Insurance for Independent Agents

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  4. Origami Risk’s P&C Platform Selected by Gramercy Risk Management

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  5. Datamatics Expands Client Relationship with a Fast-Growing American Insurtech Firm to Drive AI-Led Operations Transformation

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