# Phillip McGriskin

> Phillip McGriskin is the London-based co-founder and CEO of Vitesse, an insurance treasury and payments business he founded with Paul Townsend in 2014. Earlier, they built Envoy Services, acquired by Worldpay in 2011. His career began in Australian insurance and later included senior Worldpay roles and angel investments, including Yoti.

- **Role:** Co-founder and CEO at Vitesse
- **Organizations:** Vitesse, Envoy Services, Worldpay, Earthport, NETELLER
- **Nationality:** British
- **Education:** Aloysius College, Sydney
- **Known for:** Co-built Envoy Services, acquired by Worldpay in 2011., Co-founded Vitesse and led it through a $93 million Series C in 2024., Led Vitesse as its market-wide FCP service secured a minimum three-year renewal in November 2025.

## Career timeline

- **1990s** — Worked in personal-lines underwriting in Sydney, then moved to London and worked as a Lloyd’s broker.
- **1998–2003** — Commercial director at Earthport, according to The Org.
- **2004–2005** — Director of sales at NETELLER, according to The Org.
- **2006** — Co-founded Envoy Services with Paul Townsend.
- **2011** — Envoy Services acquired by Worldpay; joined Worldpay in a senior product role.
- **2013–2016** — Managing director of Worldpay Futures.
- **2014** — Co-founded Vitesse with Paul Townsend; invested in Yoti alongside Townsend.
- **2021** — Vitesse’s published history dates its pivot toward insurance to this year.
- **2024** — Vitesse announced a $93 million Series C led by KKR.
- **2025** — Lloyd’s market FCP agreement renewed for at least three years.

## Achievements

- Co-built Envoy Services, acquired by Worldpay in 2011.
- Co-founded Vitesse and led it through a $93 million Series C in 2024.
- Led Vitesse as its market-wide FCP service secured a minimum three-year renewal in November 2025.
- Angel investment in Yoti confirmed publicly by co-founder Robin Tombs.

## Latest updates

- **2026-06** — Vitesse appointed Richard Reggel chief commercial officer for Europe; the announcement reported nearly 600 active customers and 40% year-on-year customer growth.
- **2026-04** — Appeared on FNO: InsureTech episode 303, released April 10, discussing his career, insurance funds and responsible use of AI.
- **2026-03** — Vitesse published the LSI/Hausch Palisades wildfire case study reporting $8.9 million-plus paid through FCP and settlement completion in 16 days.

## Links

- Website: https://www.vitesse.io/

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Profile page: https://yespress.io/phillip-mcgriskin
Published by YesPress — https://yespress.io
Last updated: 2026-10-21