News - Oct 23, 2022
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 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 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 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 - Mar 10, 2022
News - Dec 14, 2021
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 - 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 - 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.