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Tremor, on making reinsurance placements more effective & efficient

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, believes that through the use of technology such as its own the reinsurance placement process can be made much faster and more accurate, with better outcomes possible for both sides of the deal.Tremor had a busy 2019, with read the full article →

Price inflation “present & substantial” in reinsurance placements: Tremor

Price inflation is both present and substantial in reinsurance program placements, as the traditional process of a brokered execution can result in misaligned market incentives, according to programmatic insurance and reinsurance risk transfer marketplace insurtech Tremor Technologies Inc.Using aggregate data sources from its auctions Tremor continues to try to educate read the full article →

Tremor brings $600m of capacity to place Berkley property cat renewal

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has successfully brought $600 million of capacity to, priced and placed the property catastrophe reinsurance program renewal of carrier W. R. Berkley Corporation.W. R. Berkley first used Tremor for its 2019 property catastrophe reinsurance program placement, later taking read the full article →

Oversubscription adds reinsurance cost, shows market inefficient: Tremor

Oversubscription in reinsurance placements is a sign of an inefficient market, as it suggests that in many cases cedents are unable to optimally price their risk, according to programmatic insurance and reinsurance risk transfer marketplace insurtech Tremor Technologies Inc.Tremor Technologies offers a platform designed to bring efficiency to the placement read the full article →

Tremor hires reinsurance broker Ginter from Willis Re as VP of Sales

Tremor Technologies Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has announced its first dedicated sales hire, adding an experienced reinsurance broker from Willis Re.Jeremy Ginter is joining Tremor as its new Vice President of Sales, a role that will see him tasked with driving sales and industry read the full article →

Tremor launches V2.0 marketplace with enhanced quoting, analytics, broker tools

Tremor Technologies, Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has launched a Version 2.0 of its technology, with enhanced and more sophisticated quoting features, new analytics and broker tools to help them manage client relationships.Tremor is responding to the needs of cedents, reinsurance markets and brokers with read the full article →

Reinsurance buyers say Tremor saved them time & money: RVS panel

A pair of senior reinsurance buyers agreed that using the programmatic reinsurance risk placement marketplace of Tremor Technologies, Inc. helped them to save time and money, making the process more efficient.Speaking during a panel discussion held at the Fairmont hotel in Monaco during the 63rd Monte Carlo Reinsurance Rendez-Vous de read the full article →

Tremor provides efficiency for the re/insurance system: W. R. Berkley Corporation’s Emmendorfer

W. R. Berkley Corporation recently revealed an investment in programmatic reinsurance risk placement marketplace provider, Tremor Technologies, Inc., technology that the re/insurer told us can deliver efficiency to the entire market.W. R. Berkley Corporation invested as part of Tremor’s recent fundraising round, demonstrating its commitment to and confidence in the read the full article →

Tremor raises $10m. W. R. Berkley, Nephila, Markel & Anthemis participate

Tremor Technologies, Inc., the programmatic insurance and reinsurance risk transfer marketplace provider, has announced a fundraise of new investment capital totalling $10 million, featuring backing from well-known traditional and ILS industry names.Insurance firm W. R. Berkley Corporation as well as other strategic investors have joined Tremor’s existing backers in this read the full article →

Tremor places world’s first programmatic parametric swap transaction

Another first has been achieved by Tremor Technologies, Inc., the programmatic reinsurance risk placement marketplace provider, as the firm priced and placed the first ever programmatic parametric swap transaction in insurance form.Insurance technology (InsurTech) start-up Tremor has been steadily gaining traction as ceding companies and brokers become increasingly aware of read the full article →