Diesta

A recent criminal case in the UK has once again highlighted how vulnerable client money still is in parts of the insurance market. An individual has diverted £133,000 into their own personal bank account and was sentenced to over 5 years of prison by the the London based Insurance Fraud Enforcement Department (Ifed). This wasn’t a sophisticated cyberattack – it was someone exploiting manual processes, fragmented systems and a lack of real-time visibility over premium flows. In our latest blog, we look at what went wrong, why this is still happening, and how stronger, integrated payment infrastructure can close these gaps and protect clients. See the link in the first comment below 👇🏼

MGAs come with big aspirations and complexity. Hence, the question at hand is whether technology can turn that challenge into an advantage. Our own Piers Williams and Tim Quayle from OneAdvent discuss why MGAs need to move beyond legacy platforms and shift to flexible, modular finance systems. If you’re thinking about the future operating model for MGAs, it’s well worth a listen. See the full discussion below.

What so many people struggle to understand is that insurance payments are so much more than paying for your policy or receiving a claims compensation. There is a tail to these transactions longer than 'The Queue' in London. Behind every commercial policy sits a hidden payment chain. Brokers, Wholesalers, MGAs, Carriers, Co-insurers, Reinsurers and the list goes on. Each one taking a fraction of the same $1 of premium and turning it into multiple downstream settlements. By the time everything is cleared, that single dollar has generated more than 5x its value in actual payment movement. Globally, that turns $1.75 trillion of annual premium into $10 trillion of real B2B money flow. Hence, next time you renew your insurance policy think about the long journey this payment has ahead of it. We're at Diesta are working every day to making these journeys comfortable and fast. If you want your insurance payments to travel in style, reach out anytime! #EveryJourneyMatters #InsurancePayments

We’re live! Introducing the new Diesta website. Over the past months, we’ve been building Diesta into the leading payment automation and infrastructure layer for the insurance industry. Today, we’re excited to share our refreshed website that reflects who we are, what we do, and the impact we’re delivering for insurers, mgas and brokers across the UK, EU, and US. Explore the new site at the usual address - www.diesta.co.uk -

It’s been a busy couple of months - and very exciting ones. From launching Diesta 2.0 to announcing our partnership with Fides, attending Money20/20 and InsureTech Connect, and being recognised by CB Insights as one of the Top 50 Insurtechs globally, we’re gaining momentum very fast 🔥 . Behind each headline is a huge team effort. Our focus remains on building the infrastructure that powers agentic payments for commercial insurance - a $10trillion flow still running largely on Excel. 👉 Swipe through for a few highlights from the last two months.

We’ve gathered our key takeaways and reflections from ITC 2025 capturing the major themes, emerging trends, and conversations that shaped the floor this year. If you couldn’t make it to the event, this quick summary is your perfect go-to for what happened at the busiest (and most exciting) conference in insurance. #ITC2025

Thrilled to share that Diesta has been named among the Top 50 Insurtechs worldwide by CB Insights - out of more than 2,500 companies! That puts us in the top 2% globally and we’re especially proud to be the only payments company on the list. A huge milestone and just the beginning of what’s ahead.

We’re thrilled to announce a new partnership between Fides Treasury Services and Diesta to transform how global insurance finance teams manage and move premium payments. Why this matters: Fides is a leading provider of multibank connectivity, payments, and transaction communications. With over 100 years of experience, they connect thousands of corporates to more than 13,000 banks and payment providers worldwide, enabling cash and liquidity management for treasury and finance teams. By integrating Diesta’s intelligent payment operations layer into the Fides ecosystem, we’re delivering: ✔️ Real-time reconciliation across complex, multi-entity accounts ✔️ Scalable payment processing across international markets and currencies ✔️ Granular data visibility for precise reporting and control Together, we’re setting a new standard for efficiency and transparency in premium payment operations.