Description

Vitesse are the Lloyd’s market preferred FCA regulated loss fund management solution, utilised by 20 managing agents to manage the funding of Delegated Authority claims within a secure online banking environment. The Vitesse solution delivers significant benefits, including:

• visibility of current funding and all transactions via an online real-time platform to all market participants
• security of funds
• automated triggers in the platform that flag when additional funds are required
• fund reconciliation
• faster claim payments.

Vitesse is not just for the Lloyd’s market. The Vitesse solution, with some slight changes to process could deliver an enhanced solution to the aviation market, where funds are no longer held by the individual loss adjusters or lawyers, but instead, made available to them via the Vitesse portal, putting carriers back in control.

The session is the markets opportunity to see how fit for purpose Vitesse is, or indeed could be for delivering a solution for the aviation market.

Audience

All aviation practitioners. The session is specifically for aviation.