Tremor Technologies, an online reinsurance pricing and placing platform, has announced the launch of Tremor Fetch, its latest major feature release.
Fetch allows reinsurers to authorize following capacity and automatically receive their line at the cedent’s chosen clearing price, subject to their constraints. Reinsurers using Fetch can note their minimum price, as well as the maximum share they would be willing to receive. Along with a suite of authorization subjectives, Tremor offers almost 120 participating reinsurers precise capacity authorization capabilities in a secure online environment.
Tremor has launched major feature releases in each quarter of 2021, starting with Panorama, followed by Surveyor (real-time coverage comparison), Blackboard (real-time collaboration), X-Ray (real-time capacity viewing), and now Fetch.
“2021 has been an amazing year for Tremor, both from a product adoption perspective and for the development of our product itself,” said Sean Bourgeois, founder and CEO of Tremor. “Launching four major releases after deploying Panorama in February has been exciting to see, and members of the Tremor marketplace really appreciate the continual addition of new capabilities to improve their buying and selling experience. In fact, many of our latest features have been developed in close partnership with insurers and reinsurers.”
Tremor Fetch is available at no additional cost to reinsurers as part of Tremor’s Marketplace 2.0 platform.