-
The auction technology platform also said it has more than $100bn in new placement commitments. -
The fundraise will allow the InsurTech distribution platform to double its staff and roll out new products.
-
ILS Capital has invested seed capital in start-up InsurTech provider Pouch, which provides auto coverage for small businesses.
-
The Floridian reported a higher loss ratio after making recent portfolio acquisitions but benefited from premium growth.
-
The Tremor CEO spoke to Inside P&C recently, offering an inside look at his company’s Panorama platform.
-
The start-up aims to place $1bn in capacity this year.
-
The ILS firm has previously invested with the company.
-
The $850mn assets advised by the firm are already largely deployed.
-
The new platform will give cedants “100x more data” and greater pre-trade insight, Tremor said.
-
The move follows the company hiring new InsurTech partner Adrian Jones last month.
-
Along with its reinsurance platform, the company plans to help brokers hold in-house auctions.
-
The deal follows an agreement the reinsurance broker reached in December to partner with auction platform Tremor Technologies.
