News - Apr 8, 2021
Emmanuel Clarke, Senior Reinsurance Industry Figure, Joins Tremor Board as Growth Accelerates
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 - Dec 21, 2020
Tremor caps off 2020 clearing $1 billion despite challenging market conditions
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 Integrates Tremor's Reinsurance Marketplace Technology With Lockton Re’s SAGE™ Platform
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.
News - Sep 9, 2020
Tremor Completes Further Reinsurance Auctions And Raises More Capital
Today Tremor announced additional financing of $4M, which brings the company’s total funds raised to date to $15M. Anthemis Group, Berkley Ventures and Markel Digital Investments participated in the round.
“We are humbled by the support from our investors who are also true partners to the company. The current funding will allow Tremor to further develop capabilities that we will be announcing over the coming months and gives us ample runway to outlast the slow adoption curve typical of traditional industries.
Blog - Jan 13, 2020
By the Numbers: Treaties on Tremor
As Tremor closes the books on 2019, we pause to take a look back at the performance our marketplace achieved for cedents.
We publicly announced top-line statistics back in December – more than 100 clients signed up on both sides of the market and more than $2 billion in priced capacity. The graph below highlights the experience of cedents who placed their treaties through Tremor, compressing the pricing and placement into a short auction that completes in less than 5 days.
News - Oct 21, 2019
Tremor Appoints VP of Sales
Tremor, a programmatic insurance and reinsurance risk marketplace has announced today that it has appointed Jeremy Ginter as the company’s new Vice President of Sales. Ginter brings more than fifteen years of experience in business development and sales to this new role where he will oversee the development and implementation of Tremor’s sales strategy. This new role will work along with our product, engineering and tech teams to translate Tremor’s innovative product features to the re/insurance market.
Events - Sep 10, 2019
Tremor @ Monte-Carlo: The Comprehensive Benefits of Programmatic Risk Trading
Auction technology and optimization mathematics can play a powerful role in price discovery and capacity allocation, taking into account rich sets of preferences in ways that a traditional marketplace cannot. These technologies have advanced marketplaces in a range of industries including gas, electricity, advertising and financial services in general. Properly applied to the insurance and reinsurance industry, these technologies can deliver wonderful benefits and efficiencies to all. This panel will discuss emerging marketplace models that take the best of traditional reinsurance placement and marry it with the best of programmatic market mechanisms for the benefit of cedents, brokers and reinsurers.