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Reinsurance buyers to benefit from Tremor’s cross-placement optimization tools
22nd March 2023
Online reinsurance pricing and placing platform, Tremor Technologies has announced the launch of cross-placement optimization tools, which it says will enable buyers to get best execution for all of their reinsurance placements simultaneously. Tremor Multiplace determines prices and allocations for multiple placements simultaneously while automatically managing cross-placement concerns, and Tremor Forwards, ... Read the full article
Reinsurers with richer supply curves more likely to hit targets: Tremor
24th January 2023
Reinsurance pricing and placing platform provider Tremor Technologies has reported a strong correlation between the likelihood of a successful allocation and the number of points in a reinsurer’s supply curve. Reinsurers who provide richer supply curves are therefore more likely to achieve their target lines, Tremor suggests, particularly at time where ... Read the full article
Tremor claims half of capacity authorised within one day
9th December 2022
The online reinsurance pricing and placing platform Tremor Technologies says that half of participating reinsurers authorise capacity within a day, with full program capacity received in fewer than three days. Sean Bourgeois, CEO of Tremor, said: “Tremor’s market design enables efficient pricing and allocation of reinsurance programs competitively. Many 1/1 programs ... Read the full article
Tremor launches Reinsurer Product Council with eight members
11th October 2022
Platform company Tremor Technologies has launched its Reinsurer Product Council with its first cohort of eight global reinsurance companies and ILS funds participating representing nearly $100bn in industry capital. The firm said in a statement that participating companies include a cross section of major US, Bermudian and European reinsurers as well ... Read the full article
Tremor develops Sandbox marketplace to demo transactions
21st September 2022
Reinsurance pricing and placing platform provider Tremor Technologies has announced the launch of a fully featured Sandbox version of its marketplace where mock transactions can be conducted as a buyer or seller of reinsurance protection. Tremor Sandbox is designed to enable users to practice and try out specific platform features and ... Read the full article
Tremor releases cloud-based system for buying and selling retro coverage
2nd March 2022
Tremor Technologies has released RetroOS, which it calls ‘a cloud-based operating system for reinsurers buying and selling retro coverage’. In a statement, the company said that the 125 reinsurers that it does business with can now buy or sell UNL, parametric, or blended retro coverage directly through the platform. Tremor Technologies ... Read the full article
Tremor sees $175m premium transacted in 2021, marketplace revenue swells 400%
14th December 2021
Leading online reinsurance pricing and placing platform Tremor transacted $175 million of premium in 2021 and achieved marketplace revenue growth of over 400% year over year. Tremor has seen over $275 million of reinsurance premium transacted on its marketplace since 2018. While the market has continued to harden overall and traditional reinsurance ... Read the full article
Tremor releases Fetch for following capacity markets
3rd December 2021
Tremor Technologies, a reinsurance pricing and placing platform, has released Tremor FetchTM, a tool which allows reinsurers to authorise following capacity and automatically receive their line at the cedent’s chosen clearing price. Reinsurers that choose to use FetchTM can note their minimum price and also the maximum share they would be ... Read the full article
Tremor unveils real-time capacity viewing feature
9th November 2021
Reinsurance pricing and placing platform, Tremor Technologies, has released Tremor X-Ray™, a feature which provides insurance companies with real-time views of where capacity is coming from for their reinsurance programs. Through Tremor's latest feature, insurers can now filter by partner group, A.M. Best rating and more to see how supply flows ... Read the full article
Tremor launches real time reinsurance placement solution
26th October 2021
Reinsurance pricing and placing platform provider Tremor Technologies has announced a new solution designed for ceded reinsurance teams working across multiple locations. Tremor Blackboard represents a modern collaborative solution capable of plugging directly into the company's established and well-known marketplace with no additional software. The solution allows a ceded reinsurance team to ... Read the full article
Tremor targets improved trading experience with Marketplace 2.0
19th October 2021
Tremor Technologies, Inc., the online reinsurance pricing and placing platform, has announced the release of a new version of its marketplace, in addition to a revamped logo and branding. Tremor Marketplace 2.0 is designed to provide users with greater interactivity and a more intuitive user interface, boasting features such as a ... Read the full article
Over two-thirds of Lloyd’s capacity now accessible via Tremor
21st September 2021
Over two thirds of Lloyd’s capacity is now available via the online re/insurance pricing and placing platform Tremor Technologies, a figure equating to $33 billion. Tremor says 33 Lloyd’s Syndicates representing over 70% of its Managing Agents have entered into agreements to offer coverage directly on its marketplace. The Syndicates are described ... Read the full article
Tremor hits $500bn reinsurance capital milestone
8th September 2021
Programmatic re/insurance risk transfer marketplace Tremor surpassed $500 billion in reinsurance capital this month after signing its 115th reinsurer to its marketplace. Tremor says that it now provides insurance companies with direct access to more than 95% of the world’s reinsurance capacity across traditional reinsurers, Lloyd’s syndicates and ILS funds. In addition, ... Read the full article
Tremor launches Panorama Surveyor feature for reinsurance buyers
24th August 2021
Programmatic re/insurance risk transfer marketplace, Tremor Technologies, has launched a new feature for reinsurance buyers that allows for the exploration of pricing for different structures and perils in advance of making a purchase. The feature, called Panorama Surveyor, has already been used to complete two major reinsurance placements totalling more than ... Read the full article
Tremor’s growth exceeds expectations as all major brokers adopt platform
22nd July 2021
Expansive programmatic re/insurance risk transfer marketplace, Tremor, has now secured agreements with eight major reinsurance brokers representing more than 95% of global placements. Since the introduction of its next generation trading platform, Panorama™ in February, Tremor's growth has exceeded expectations. In June, Tremor reported that insurers leveraging its platform sought ... Read the full article
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