Insurance, Press

Vitesse joins the India Insurtech Association to reach new markets

Membership boosts awareness and accessibility of insurance solutions across Asia

Vitesse announces its membership in the India Insurtech Association (IIA) to boost awareness and accessibility of its solution throughout Asia. 

The India Insurtech Association’s goal is to promote the usage of technology across the insurance value chain in India. Vitesse joins as one of the 200+ members who are working closely with the association to allow access to systems on a global scale, whilst focusing on the Indian market. These partnerships also facilitate collaboration to enhance solutions and give customers varying options for their needs. 

The IIA membership will support Vitesse’s expansion plans and offer services to markets requiring innovation. The unique solution, that makes claims payments in as fast as 45 seconds, will provide the Indian market with a new way of operating, especially in such an unpredictable environment. Vitesse’s ability to react and provide comfort quickly will revolutionise the industry. 

“It’s our pleasure to welcome Vitesse as an IIA member. We believe this partnership will promote collaboration within our network to build and offer innovative claims payment solutions to the Indian market.” Nilanjan Roy, Executive Committee Member, India InsurTech Association and SVP & Head of Group Business, Manipal Cigna Health Insurance.

“Alongside the IIA, we are looking forward to working with more customers in this high growth region using our Insurance specific Treasury and Payments solutions to deliver real value to all elements of the insurance value chain,” said Chris Palmer, Vitesse’s Chief Strategy Officer.

The extensive network will be key for future expansion that will help bring a wealth of experience and knowledge to everyone involved. 

Phillip McGriskin, CEO and co-founder of Vitesse, is proud to see the company’s growth culminate in its partnership with IIA. 

“Making an impact in new regions and delivering tangible results is an excellent outcome of collaboration. Vitesse is very proud to be collaborating with the IIA and its members to help us understand and meet the needs of this exciting insurance market. 

We look forward to meeting and adding value to the two hundred plus IIA members and thank them for allowing us to be part of their association.”

To find out about our solutions for the insurance market, click here.

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