Vitesse Taps Veteran Shareen Minor for U.S. Claims Market Conquest

NEW YORK, NY – April 15, 2026 – In a decisive move signaling its intent to capture a significant share of the U.S. insurance market, financial infrastructure provider Vitesse has appointed Shareen Minor as its Chief Revenue Officer, North America. The strategic hire is a pivotal component of Vitesse's aggressive expansion, fueled by a recent $93 million funding round and aimed at revolutionizing the often-siloed world of insurance claims payments.

Minor, an industry heavyweight with over two decades of experience, will report to Curt Hess, executive president, North America, and is tasked with spearheading the company's commercial growth across the United States. The appointment follows a period of deliberate investment by the London-headquartered firm, which is positioning itself as the solution to long-standing inefficiencies in how insurers manage and disburse claims funds.

A Strategic Hire with a Proven Record

Vitesse's choice of Shareen Minor is a clear statement of its strategy: leveraging deep industry expertise to build trust and drive adoption. Minor’s career is a roadmap through the very organizations Vitesse aims to serve, including carriers, Third-Party Administrator (TPA) operations, and private equity-backed insurtechs. Her track record demonstrates a consistent ability to generate substantial growth and navigate complex market dynamics.

Most recently, as Chief Revenue Officer at Ontellus, Minor delivered double-digit revenue growth and was instrumental in guiding the company through a successful private equity exit. Her tenure there, where she also secured a 30% revenue expansion within existing client bases, earned her recognition as one of Industry Era's Top 10 Influential Leaders of 2024. Colleagues and industry observers note her leadership style is marked by foresight, a reliance on analytics, and a strong emphasis on building collaborative teams.

Her experience scaling new ventures is particularly notable. During her time at NatGen Premier, she was part of the leadership team that grew a new enterprise from zero to $50 million in revenue in just 15 months. This history of rapid, tangible results is precisely what Vitesse is banking on as it moves from foundational work to aggressive market penetration.

"Shareen has spent her career inside the organizations we serve, working with TPA operations, building carrier relationships and navigating the commercial pressures our customers face every day," said Phillip McGriskin, CEO and co-founder of Vitesse. "That experience is exactly what we need as we build deeper partnerships with the carriers, TPAs and MGAs we are here to serve."

Targeting a Multi-Billion Dollar Problem

The opportunity Vitesse and Minor are pursuing is substantial, targeting a core operational weakness within the U.S. insurance sector. According to Vitesse's own '2025 State of Claims Finance' report, which surveyed over 200 senior insurance professionals, a staggering 74% of U.S. insurers struggle to access readily available claims funds. This liquidity challenge is compounded by a profound lack of internal coordination.

The report's most jarring statistic reveals that only 1% of insurers rate the collaboration between their claims and finance teams as "highly effective." This disconnect creates a cascade of problems, from payment delays and data inconsistencies to a lack of financial oversight, ultimately trapping vast amounts of capital that could be deployed more efficiently. Research suggests that for many insurers, up to 80% of funds delegated for claims can sit idle due to these inefficiencies.

Vitesse's platform is purpose-built to address this dysfunction. It provides a unified financial infrastructure for optimizing claims funds, enabling real-time global payments, and giving carriers, TPAs, and Managing General Agents (MGAs) end-to-end control. By creating a "single source of truth" for claims funds, the company promises to not only speed up payments from weeks to hours but also to unlock hundreds of millions in capital currently stuck in the system, returning it to insurers' balance sheets.

Fortified by Capital and Regulatory Rigor

Vitesse’s U.S. offensive is not just a strategic ambition; it is heavily fortified with both capital and regulatory legitimacy. In 2024, the company secured $93 million in a Series C funding round led by global investment giant KKR. The investment, made through KKR's Next Generation Technology Growth Fund III, was explicitly earmarked for U.S. expansion and product development.

KKR's backing is more than a financial endorsement. It represents a vote of confidence from a firm with a deep interest in the insurance sector and a strong track record in scaling technology growth companies. The move places Vitesse within a larger trend of private equity fueling the growth of specialized fintech and insurtech platforms that tackle complex, underserved niches within established industries.

However, capital alone is insufficient to operate in the highly regulated U.S. financial landscape. Recognizing this, Vitesse spent two years laying the necessary groundwork before its full-scale commercial launch. This culminated in the establishment of Vitesse Trust Company, LLC, in New York. This entity is chartered and regulated by the influential New York State Department of Financial Services (NYSDFS), providing Vitesse with a compliant and robust foundation to offer fiduciary, custody, and payment services.

"We have spent the past two years building a U.S. operation that works, with the right product, the right regulatory foundation and the right team," said Curt Hess. "The next step is growth, and Shareen is the right person to lead that. She knows this market from the inside, has the relationships that matter and understands the pressures carriers and TPAs are under."

With a proven leader, robust financial backing, and a solid regulatory footing, Vitesse is now poised to accelerate its mission. The company has already grown its network by 42% year-over-year, connecting nearly 500 insurance participants to its platform, and has processed over $28 billion in payments across 180 countries.

For Shareen Minor, the challenge is clear: to translate this powerful combination of technology, capital, and compliance into market leadership. Her appointment marks the beginning of a new chapter for Vitesse, one focused on converting a well-laid foundation into widespread industry transformation.

“The U.S. market is ready for a more modern, transparent approach to claims funds management," Minor stated. "Vitesse brings the technology and infrastructure to deliver that. I'm excited to build upon our partnerships with carriers, TPAs and the broader claims ecosystem and help clients take control of their claims funds, strengthen treasury oversight and unlock real operational value."