Blog - Apr 14, 2022
Insurance companies worry about finding reinsurance that works for their businesses. In today’s hard market this concern is palpable. Without clear information about what the market will bear, we see many cedents tightening their reinsurance buys, limiting the options that they consider, and driving hard on the cost of what they do buy. Through all this, opportunity is lost. Variations that might be profitable for cedent and reinsurer alike are never explored.
News - Mar 22, 2022
Tremor Technologies, Inc. Founder & CEO Sean Bourgeois participated in a fireside chat today during the Jefferies Insurtech Conference to discuss alternative re/insurance distribution with insurtech pioneer Jennifer Fitzgerald, co-founder & CEO of Policygenius and Yaron Kinar of Jefferies investment bank. The conversation covered a wide range of topics including a review of the core business models of each company, which product lines each company distributes and each company’s view on the value in the insurance ecosystem being weighted to distribution.
Blog - Mar 15, 2022
What is Tremor’s new Panorama placement process? What are the benefits for reinsurers and cedents? How does it address fundamental shortcomings of firm order terms? Whether you are new to Tremor or a veteran user, read on to learn more about how Panorama modernizes reinsurance placement. The key to process is getting it just right – too little, too much, or even the wrong process can turn a straightforward task into a herculean effort, while a good process can make many of the most complex tasks feel simple.
News - Mar 10, 2022
News - Mar 2, 2022
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, is pleased to announce that it has released RetroOS™, a cloud-based operating system for reinsurers buying and selling retro coverage. With RetroOS™, Tremor’s 125 reinsurers can now buy or sell UNL, Parametric, or Blended Retro coverage directly on-platform faster, better and more competitively than traditional placement. On the back of it’s record-breaking $175 million reinsurance premium year in 2021, Tremor is now excited to enter in the retro market in a major way in 2022.
Blog - Feb 17, 2022
As a reinsurer, one of the most valuable things you get when you use Tremor is post-transaction data – Tremor’s market map gives you a clear report of how all of the other reinsurers were pricing the risk and what the cedent chose to buy. Even the insights from a single transaction can be invaluable to you as you price other coverage during a busy renewal season. For this article, we’ll use an example from one of our demos.
News - Dec 14, 2021
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, is pleased to announce that its marketplace has transacted $175M of reinsurance premium in 2021 and has achieved exciting marketplace revenue growth of over 400% year over year. Since 2018, over $275M of reinsurance premium has been transacted on the Tremor marketplace. While the market has continued to harden overall and traditional reinsurance placements struggle, Tremor has had its best quarter yet delivering required capacity for challenging placements well ahead of renewal dates with record numbers of participating reinsurers.
News - Dec 3, 2021
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, is thrilled to announce the firm’s latest major feature release, Tremor Fetch™. Fetch™ allows reinsurers to authorize following capacity and automatically receive their line at the market clearing price, subject to their constraints. Reinsurers utilizing Fetch™ can note their minimum price and also the maximum share they would be willing to receive if they so choose. Along with a suite of authorization subjectivities, Tremor offers nearly 120 participating reinsurers precise capacity authorization capabilities in a secure, online environment.
News - Nov 9, 2021
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, is thrilled to announce the firm’s latest major feature release, Tremor X-Ray™. Tremor X-Ray™ X-Ray™ provides insurance companies with powerful real-time views of where capacity is coming from for their reinsurance programs. For the first time, insurers can filter by partner group, A.M. Best rating and more to see how supply flows in the market. Insurers can group reinsurance markets together in various ways, including stacked groups, then see very clearly where the most competitive supply subject to their constraints is coming from and react accordingly.