Cohort: Cohort 2, 2019
Focus in insurance value chain/workflow: Placing
Specific lines of business supported: Reinsurance
Founded: 2018
Status: Operating, still in insurance
Company type: Risk Exchange
Head office: North America
Main global offices: USA
Locations served: Global
Employee count: 11-100
Tremor is a risk transfer marketplace with an algorithmic matching engine to facilitate trading between reinsurers and cedents. Tremor offers various analytical tools for portfolio and individual-level transactions including pricing benchmarking. Tremor also has an issuance platform for insurance-linked warranties, retrocession treaties and catastrophe bonds as well as a short placement tool.
Primary way aimed to improve insurance processes and tools whilst in the Accelerator: Risk Marketplace.
The product that Tremor developed with input from the mentors and other participants of the Lab saves the insurance buyer 10-20% on price and cuts down placement time for complex facultative and treaty placements by three times.
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Tremor Technologies website 
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