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News - Mar 22, 2023

Tremor Launches Revolutionary Cross-Placement Optimization Tools

Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, has launched powerful cross-placement optimization tools enabling reinsurance buyers to get best execution for all of their reinsurance placements simultaneously. “Reinsuring a risk or treaty is never contemplated in isolation. Every decision to transfer risk is made considering the overall portfolios of both the insurer ceding the risk and the reinsurer taking it on. Most reinsurers prefer to take on a diverse slice of a cedent’s risk, and most cedents need reinsurance across their entire portfolio.
News - Jan 24, 2023

Tremor Aggregate Reinsurer Authorization Data Proves Sophistication Wins

Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, reports a strong correlation between the likelihood of a successful allocation and the number of points in a reinsurer’s supply curve suggesting that reinsurers who provide richer supply curves are more likely to hit their target. In effect, rich supply curves as part of the anonymized aggregate supply that the cedent sees are more likely to be realistic and influence the cedent’s final pricing, leading to a successful allocation for the reinsurer.
News - Dec 9, 2022

Tremor Reinsurance Capacity Offered in Under 72 Hours on Average

Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, has presented its aggregate marketplace data demonstrating the speed of accessing complete program capacity. On average, half of participating reinsurers on a Tremor placement authorize capacity within a day and full program capacity is received in less than 72 hours. This is in stark contrast to traditional placements, many of which are struggling to attract enough capacity at all in the current market environment.
News - Oct 23, 2022

European reinsurers embrace online reinsurance pricing and placing platform Tremor

Reprinted from the Intelligent Insurer, October 24 2022. European reinsurers are as keen to embrace online reinsurance pricing and placing as their peers in the rest of the world – and even have an advantage because of the greater frequency of face-to-face contact reinsurers and cedants have in the market. That is the view of Sean Bourgeois, chief executive officer of Tremor, the online reinsurance pricing and placing platform, which has unveiled its Reinsurer Product Council comprising eight global reinsurance companies and insurance-linked securities (ILS) funds representing nearly $100 billion in capital.
News - Oct 11, 2022

Tremor Launches Product Council with 8 Global Reinsurers Backing Initiative

Tremor Technologies, Inc., the leading online reinsurance pricing and placing platform, is pleased to announce that the company has launched its Reinsurer Product Council with its first cohort of eight global reinsurance companies and ILS funds participating representing nearly $100B in industry capital. Participating companies include a cross section of major US, Bermudian and European reinsurers as well as alternative capital providers. “Tremor is on a mission to create a transparent, price and cost efficient reinsurance marketplace that benefits everyone.
Events - Sep 29, 2022

Tremor @ Trading Risk NY 2022

Tremor was an invited panelist at Trading Risk New York 2022 - ILS (Re)silience: a New Horizon conference. We enjoyed participating on our panel, “Insuring the technology leap: can risk transfer keep up?” We discussed how Tremor’s unique market technology offers comprehensive and transparent price discovery that satisfies everyone’s requirements at the same time, why that’s important and how it is very different from the traditional intermediated market. We also discussed our view on how efficient markets can both mitigate hard/soft market cycles and how efficient markets can help close the protection gap using technology as well as how the broker role will evolve into managing bidding technologies to integrate into Tremor to secure best execution for their clients.
News - Mar 22, 2022

Tremor @ Jefferies Insurtech Conference

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.
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.
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