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Tremor founder launches insurance communications platform, fuse
4th October 2023
Sean Bourgeois, the former founder of innovative online reinsurance marketplace Tremor, has launched his next venture, a secure communications platform for the global commercial insurance industry named fuse. According to Bourgeois, Founder & CEO, fuse offers retail, wholesale and reinsurance brokers, insureds, insurers and reinsurers a 24/7 available web-based platform to ... Read the full article
Tremor adds contract wordings functionality to marketplace
2nd June 2023
Tremor Technologies, Inc., the online reinsurance pricing and placing platform, has launched Tremor Wordings™ which will serve as a powerful solution to digitize the reinsurance contract negotiation and approval process completely. This launch is a follow-up by the company building on its in-marketplace communications platform. Sean Bourgeois, the CEO of Tremor ... Read the full article
AdvantageGo and Tremor announce a strategic alliance
23rd May 2023
AdvantageGo, a commercial insurance and reinsurance software provider that is a part of Coforge, has announced a strategic alliance with Tremor, an online reinsurance pricing and placing platform. Tremor has modernised the way to place reinsurance. It provides reinsurance cedents with a new channel and an automated approach for finding the ... Read the full article
Tremor launches new marketplace-embedded modern communications platform
17th May 2023
Reinsurance pricing and placing platform provider Tremor Technologies has announced the launch of TremorTalk, an embedded end-to-end modern communications platform. Available within the Tremor marketplace, the new platform gives each reinsurer a dedicated channel to discuss a placement with the cedent/broker, connecting everyone to the people they need to know to ... Read the full article
Tremor looks to address residual insurance market pressures with new division
12th April 2023
Reinsurance pricing and placing platform, Tremor Technologies, has launched a new division called Tremor Public, designed to address pressures facing residual insurance markets which are publicly funded insurers of last resort, when coverage in the traditional market is unavailable to consumers and businesses. As highlighted by Tremor, residual insurance markets have been ... Read the full article
Tremor’s new cat bond issuance platform targets increased transparency and efficiency
30th March 2023
Tremor Technologies, the reinsurance pricing and placing platform, has announced the launch of Tremor Issuer, an online catastrophe bond issuance platform powered by the firm's Panorama marketplace tech. The new platform can be accessed online by investors, issuers, bankers, and brokers, and is offered via the company's new regulated subsidiary, Tremor ... Read the full article
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