News - Mar 2, 2022
Tremor Announces RetroOS™ - A Retrocession Operating System for Reinsurers
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
Reading the Market Map
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 Announces Record $175M Premium Transacted in 2021, 400% Marketplace Revenue Growth
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 Fetch™ - Automatic Following Capacity Bidding Available to Reinsurers
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 X-Ray™ - Filter Reinsurance Capacity with Real-Time Prices
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.
News - Oct 26, 2021
Tremor Blackboard™ - Real Time Reinsurance Placement Collaboration
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, is thrilled to announce the firm’s latest major feature, Tremor Blackboard™
Designed for ceded reinsurance teams currently working with spreadsheets, email and faxes asynchronously trying to organize reinsurance placements across offices, locations and possibly countries, Tremor Blackboard™ offers a modern collaboration solution that plugs directly into our award-winning marketplace with no additional software required.
With Blackboard™, cedents have access to Tremor’s marketplace of $500B of reinsurance capital and state-of-the-art pricing and allocation technology.
News - Oct 19, 2021
Tremor Announces Brand Refresh and New Look Ahead of 2021 Renewal Season
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, has been hard at work refreshing the user experience for buyers and sellers of reinsurance protection. Today, we are pleased to announce the release of Tremor Marketplace 2.0 along with a new logo and brand experience.
Marketplace 2.0 represents the culmination of several quarters of meticulous user design work, weaving in improvements and enhancements to user interaction with a completely modernized look and feel.
News - Sep 21, 2021
Two-Thirds of Lloyd’s of London Capacity Now Available on Tremor
Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, furthers its rapid adoption with tremendous growth at the venerable Lloyd’s of London.
Today, Tremor has crossed the two-thirds threshold whereby 67% of Lloyd’s stamp capacity is now directly available to insurance companies seeking reinsurance protection via the Tremor marketplace.
More specifically, 33 Lloyd’s Syndicates representing more than 70% of Lloyd’s Managing Agents have entered into agreements to offer coverage directly on the Tremor marketplace, representing over $33 billion of capacity.