Vitesse announced Shareen Minor as Chief Revenue Officer, North America. Minor brings over 20 years of experience across carriers, TPAs, and insurtech firms. She will lead U.S. commercial growth and report to Curt Hess, Executive President, North America. Furthermore, she has worked across private equity-backed insurance organizations.
The appointment follows sustained U.S. investment and expansion initiatives. In 2024, Vitesse secured $93 million in Series C funding led by KKR. This funding supports the expansion of its insurance treasury and payments platform. Moreover, the company has connected nearly 500 network participants, up 42% year over year. Additionally, payment volumes increased by 32% in the last financial year.
U.S. Expansion and Market Opportunity
Previously, Minor served as Chief Revenue Officer at Ontellus. She delivered double-digit revenue growth and expanded client bases by 30%. Moreover, she contributed to a successful private equity exit. Earlier, she held leadership roles at Charles Taylor, Engle Martin, and NatGen Premier. At NatGen Premier, she helped scale revenue from zero to $50 million in 15 months.
“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.”
“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, executive president, North America. “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. I look forward to what we will build together.”
Research from Vitesse 2025 State of Claims Finance report highlights major inefficiencies. It found that 74% of U.S. insurers struggle to access readily available claims funds. Additionally, only 1% rate collaboration between claims and finance teams as highly effective.
“The U.S. market is ready for a more modern, transparent approach to claims funds management,” said Shareen Minor, chief revenue officer, North America. “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.”
Finally, the appointment strengthens Vitesse as a financial infrastructure leader for insurance ecosystems. It enhances claims payments speed, visibility, and operational control.
Looking for more updates on financial innovation and revenue-driven technology? Visit RevTech News for expert insights and the latest trends.
News Source: Businesswire.com
