Fuse Launches Tape: a Free, Live Market-Intelligence Surface for the Public P&C Insurance Complex
NEW YORK, NY — June 25, 2026 — Fuse International today announced the launch of Tape, a live market-intelligence surface that treats the public property-and-casualty insurance market as a single system rather than a list of individual stocks. Tape is available now, free and without a login, at fuserisk.com/tape/live.
Most market tools force analysts to hunt one ticker at a time. Insurance doesn’t trade that way. It moves as a complex of carriers, reinsurers, brokers, excess-and-surplus (E&S) writers, and regional specialists whose fortunes are linked through shared loss trends, rate cycles, and capital flows. Tape is built around that cross-section, and — critically — it ties each public security back to the insurance entity underneath it.
“Anyone can pull a stock chart. The hard part is connecting that ticker to what the carrier actually underwrites,” said Sean Bourgeois, Founder and CEO of Fuse. “We built the bridge from the public security down to its US P&C statutory fundamentals, because that bridge is where the intelligence is. It’s the part nobody had assembled in one place.”
What Tape is
Tape is one surface that combines an index layer, a relative-strength leaderboard, a short-interest panel, a segment heatmap, and a carrier deep-dive that links market signals to statutory and regulatory fundamentals:
- Relative-strength leaderboard — Every tracked carrier ranked by relative strength versus a chosen benchmark, with segment filters, sortable columns, and 90-day sparklines.
- FINRA short-interest panel — Bi-monthly short-interest data including shares short, change versus prior period, days-to-cover, percentage of shares outstanding, and short-interest percentile.
- Segment heatmap — Vertical basket performance across 1M, 3M, 6M, 1Y, 3Y, and 5Y windows, with constituent counts.
- Carrier deep-dive — Click any carrier and the market panel sits beside its Schedule P loss development, 10-K and MD&A highlights, recent state rate filings, recent 8-K events, and the holding-company-to-US-P&C-group structure.
- FUSE equal-weight indices — Custom baskets for the whole complex — FUSE_ALL, FUSE_BROKER, FUSE_REINS, FUSE_ES, FUSE_WC, and FUSE_REGIONAL — rebased against SPY, IWM, and KIE so users can see how a segment is moving relative to the broad market and the insurance sector.
The hard part: the entity bridge
The capability that sets Tape apart is the reconciliation behind the deep-dive. Linking a publicly traded ticker to the insurance business beneath it requires mapping the security to its SEC identifier, to its NAIC group, and down to the individual statutory statements its US P&C subsidiaries file. Fuse performs that reconciliation across its tracked universe and keeps it current, so an analyst can move from a price move to the underwriting reality behind it without leaving the page.
Neutral by design
Tape is observational, not advisory. It carries no buy or sell signals and produces no recommendations. Every metric is sourced and dated. Where data is genuinely absent — a non-US P&C entity, a pending entity bridge, or an empty source — the page says so explicitly rather than imputing a figure or hiding the gap.
“Context first, recommendation never,” Bourgeois said. “Tape tells you how the market is pricing a carrier and shows you the fundamentals to interrogate that price. The call stays with the user. “
Availability
Tape is live now at fuserisk.com/tape/live. Access is free and requires no account, integration, or setup.
About Fuse
Fuse International (fuserisk.com) is an AI-first commercial insurance intelligence platform spanning risk placement, underwriting, and reinsurance. Fuse equips brokers, underwriters, and reinsurance participants with synthesized, decision-ready intelligence drawn from regulatory filings, market data, loss trends, and exposure signals — across industry verticals and a dedicated Reinsurance Hub. Fuse’s founding principle is intelligence that moves first: surfacing the signal before it is obvious, while keeping the decision in human hands.
