News - Apr 8, 2021
In February, Tremor launched its next generation marketplace, Panorama - giving reinsurance buyers unprecedented price discovery and allocation control with modern trading technology. Tremor is pleased to announce that it has been granted rights to redistribute Best’s Credit Ratings as part of Panorama, providing continuously updated, critical ratings information to buyers of reinsurance protection from within its marketplace. Best’s Credit Ratings are produced by AM Best, a global credit rating agency, news publisher, and data analytics provider specializing in the insurance industry.
News - Feb 8, 2021
Tremor Technologies, the leading online reinsurance marketplace, has launched its next generation trading platform, Panorama™. Tremor recently surpassed $1 billion in reinsurance risk priced and placed with its technology with nearly 100 participating reinsurance markets across a range of programs, structures and cedents. As the company has grown, its technology has evolved to perfectly match the needs of the reinsurance market - Panorama incorporates the company’s learnings and market requests over the past 24 months.
News - Dec 21, 2020
Tremor Technologies is thriving in the midst of a hardening reinsurance market, and heads into 2021 with broadening momentum. Proving that Tremor’s tech is truly market agnostic The value of Tremor’s reinsurance risk transfer technology has now been field-tested in soft and hard market conditions, bringing efficiency, transparency, and speed to the reinsurance placement process. In soft markets, Tremor’s technology gives cedants the ability to easily expand panels to enhance competition, and in hard markets Tremor quickly provides valuable price discovery when it is otherwise difficult to gather because market participants are holding their cards very close.
News - Dec 8, 2020
Lockton Re, the global reinsurance business of the world’s largest privately held independent insurance broker and Tremor Technologies have partnered to deliver modern reinsurance trading capabilities to Lockton Re clients. Lockton Re’s SAGE™ platform now integrates Tremor’s pricing optimization technology. The result is a programmatic option for the execution of syndicated reinsurance programs. SAGE™, Lockton Re’s proprietary software platform, helps insurers better understand risk impacts with a comprehensive and transparent view of all possible risk transfer structuring options.
Blog - Nov 4, 2020
Today’s hardening market is challenging for so many reasons. Reinsurers are suffering from catastrophe fatigue and Covid losses. They are projecting rate increases but their rate expectations are not uniform. Primary insurers may decide to retain more risk rather than pay higher prices for protection, despite the fact that this would increase capital constraints. By far, the worst part about today’s hardening market is the uncertainty that comes from a lack of coordinated information.
Blog - Oct 30, 2020
How and why do reinsurers work with Tremor? Our reinsurance partners gain tangible benefits by using Tremor’s innovative risk transfer platform. Tremor works hard to continue delivering value to them. Tremor presents reinsurers with more risk more dynamically with modern trading features. When a reinsurer is invited to quote on a placement, they logon to Tremor’s platform, review the placement details and decide if they’d like to participate. They can review multiple placements quickly, with the contract, terms and conditions all organized in one place.
Blog - Oct 15, 2020
This week, the 2020 Nobel Prize in Economics was awarded jointly to Paul R. Milgrom and Robert B. Wilson “for improvements to auction theory and inventions of new auction formats.” The award highlights the power of auction technology to solve real-word problems. Mechanism design, which includes auction design and related topics, has received considerable attention from the Nobel committee, which previously awarded the prize to Al Roth and Lloyd Shapley for their work in 2012.
News - Oct 15, 2020