Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, has surpassed an important $500 billion in reinsurance capital milestone this month signing its 115th reinsurer to its marketplace. Tremor now provides insurance companies direct access to more than 95% of the world’s reinsurance capacity across traditional reinsurers, Lloyd’s syndicates and ILS funds. In addition, Tremor recently announced that it has completed agreements with every major reinsurance broker in the world.

Tremor Technologies, Inc. the leading online reinsurance pricing and placing platform, continues its rapid growth and adoption with the release of a powerful new feature, Panorama Surveyor™. Insurers looking to explore real time, most competitive prices for a variety of structures and perils can now do so with the latest feature offered on the Tremor Panorama platform. The new feature allows an insurance company to request complete market pricing for multiple structures simultaneously (e.

Expansive reinsurance marketplace Tremor has announced that it has secured agreements with 8 major reinsurance brokers representing over 95% of reinsurance placements worldwide. When combined with the 110 reinsurance companies, ILS funds and Lloyd’s Syndicates active on Tremor, the company has solidified its place at the center of the modernization of reinsurance risk transfer worldwide. “We have said from the beginning that Tremor supercharges risk transfer with a new market model that benefits all parties.

Tremor and Root, Inc. (NASDAQ: ROOT), the parent company of the Root Insurance family of insurance companies, today announced that Root has successfully placed its June property catastrophe program with Tremor Panorama. As the leading online marketplace in reinsurance, Tremor enhances the placement process by using modern technology to help provide a more efficient and data-rich experience. “When we got the call that the Root team wanted to place their entire property catastrophe program with us, we were thrilled.

Insurance companies utilizing Tremor Panorama, the leading online marketplace for reinsurance, have sought over $700M in capacity from reinsurers in May alone. Beyond May, Tremor has booked more than $1B in new placement commitments while doubling its insurance company client base and growing its network to 105 reinsurers, a 20% growth in total capital. So far this year, the company has entered into new agreements with a top-10 U.S. insurance company, a top-3 global property & casualty insurance company, several innovative insurtech carriers and several specialty insurance carriers to place reinsurance programs on its platform.

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.

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.

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.

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.