
Tremor
Tremor is a programmatic insurance and reinsurance marketplace.
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | - | 52 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Tremor is an innovative online platform that revolutionizes the reinsurance industry by providing automated pricing and placement solutions. Founded in 2017, Tremor leverages advanced market design and technology to offer reinsurance cedents a new channel for finding the best market rates for reinsurance protection. The platform serves insurance companies looking to transfer risk efficiently and cost-effectively. Operating in the reinsurance market, Tremor's business model focuses on facilitating transactions between reinsurance buyers and sellers through its automated system, earning revenue through transaction fees and service charges. Tremor's clients benefit from powerful authorization tools that allow them to control their allocation and have a significant voice in the placement process. The company is part of Coforge and has formed strategic alliances to enhance its service offerings. Tremor's commitment to innovation and success is evident in its continuous efforts to modernize the reinsurance placement process, making it more transparent and efficient.
Keywords: reinsurance, automated pricing, market rates, risk transfer, insurance companies, transaction fees, service charges, market design, allocation control, strategic alliances.