Vitesse hires ex-Verisk exec Richard Reggel as Europe's new CCO

Vitesse has appointed Richard Reggel as its new Chief Commercial Officer for Europe. The move comes as the company looks to expand its presence in the global payments sector. Reggel brings over a decade of experience from his previous role at Verisk. Richard Reggel joins Vitesse after spending 12 years at Verisk, where he most recently served as Chief Commercial Officer for Verisk Specialty Business Solutions. His expertise spans the London Market, a background that Vitesse believes will be invaluable.

In his new position, Reggel will oversee commercial operations across the UK, Europe, and other international markets. His focus will be on strengthening relationships with existing customers while driving further growth. Vitesse has already seen a 40% year-on-year increase in its customer base, now serving nearly 600 active users.

CEO Phil McGriskin highlighted Reggel’s deep knowledge of the London Market as a key asset. This appointment aligns with Vitesse’s goal of modernising payments and treasury operations within the industry. Reggel expressed enthusiasm about Vitesse’s solutions and the opportunity for international expansion. His role is expected to help the company accelerate its growth and deepen its influence in the global payments ecosystem. The appointment marks a significant step for Vitesse at a crucial time for both the company and the insurance market.