Vitesse, the financial infrastructure connecting the global insurance ecosystem, has announced the appointment of Richard Reggel as Chief Commercial Officer for Europe.
In his new role, Reggel will lead commercial operations across the UK, Europe and other international markets, strengthening relationships with existing customers and expanding the company’s reach.
He joins Vitesse after nearly 12 years at Verisk, where he most recently served as Chief Commercial Officer for Verisk Specialty Business Solutions. In this role, he was responsible for developing and executing the firm’s commercial strategy to drive growth and profitability across its Sequel, Whitespace, and Morning Data solution groups.
Phil McGriskin, CEO of Vitesse, said, “Richard has extensive London Market experience and is very well-connected. He has spent over a decade working with the insurers, MGAs and brokers navigating exactly the problems we exist to solve, from claims funds management to optimising liquidity and operational efficiency. He joins us at a pivotal moment for both Vitesse and the market, and his relationships and expertise will put us in a stronger position as the industry modernises how it thinks about payments and treasury operations.”
Reggel added, “From my first conversations with the team, I was impressed by both the quality of their portfolio of solutions and the calibre of the people behind them. The timing felt right because Vitesse has reached a scale where there is a significant opportunity to accelerate growth internationally, deepen relationships with existing customers, and continue expanding its influence within the global payments ecosystem. It’s rare to find a business with such a strong foundation and so much potential still ahead of it.”
Reggel’s appointment follows a year of significant momentum for the company, with customer growth of 40% year-on-year and nearly 600 customers now active on the platform, spanning global carriers, Lloyd’s market participants, MGAs, TPAs and brokers.
