56Distribution – Alumni profiles Tremor Technologies Focus in insurance value chain/Activity in the Accelerator C A COHORT , workflow: Placing Primary focus product area whilst in Specific lines of business supported the Accelerator: Risk marketplace l lum (if applicable): ReinsuranceExample of benefit of Accelerator to a The product that im organisation: Tremor developed with input from the Tremor is a risk transfer marketplace mentors and other participants of the with an algorithmic matching engine Lab saves the insurance buyer 10-20% to facilitate trading between reinsurers on price and cuts down placement time and cedents. Tremor oers various analytical tools for portfolio and for complex facultative and treaty s n placements by three times. individual-level transactions including pricing benchmarking. Tremor also has i an issuance platform for insurance- linked warranties, retrocession treaties Founded: 2018 c and catastrophe bonds as well as a short placement tool.Status: Operating, still in insurance “ Through the Lloyd’s Lab, we worked on industry Company type: Risk exchange a leading solutions for digital distribution. This included our innovative on demand insurance Head oce: North America s platform. As Lloyd’s continues the essential Main global oces: USA work of modernizing for the digital era, we look forward to being a part of that journey.”Locations served: Global e John McClelland, Founder Employee count: 11-100 a n d p oi n t