Loro

No-code platform for specialty insurance distribution

Distribution & Sales Startup Seed

Overview

Loro is a no-code SaaS platform for insurance distribution that enables carriers, MGAs, and program managers to build, launch, and distribute specialty insurance products online. The platform covers the full distribution workflow from product configuration through quote, bind, and policy management, without requiring coding expertise.

The platform allows insurers to import existing Excel raters or underwriting rule engines and deploy white-labeled customer portals with quote-and-bind functionality. Distribution is managed across multiple tiers -- carriers, MGAs, brokers, agents, and retail channels -- with role-based access, real-time analytics, and Lloyd's reporting. Loro also supports API-based embedded insurance, enabling partners to embed quote and purchase capabilities into external websites or applications.

Loro has raised USD 1.85M across two seed rounds led by Markd and counts over 500 connected brokers and intermediaries on its platform, with 42+ insurance products launched. The company is an alumnus of Lloyd's Lab and Creative Destruction Lab.

Products & Services

Loro Platform

A no-code digital insurance distribution system for specialty insurers to build and deploy quote-to-bind workflows.

Key Features

Product management using Excel raters or custom underwriting rule engines
White-labeled customer portals for quotes, policy management, renewals, and claims
Multi-tier distribution management with role-based access and performance dashboards
Real-time analytics, bordereau generation, and Lloyd's reporting
Mid-term adjustments, renewals, and cancellation support
Multilingual support for global distribution

Target Users: Carriers, MGAs, program managers, brokers

Loro Boost

Rapid quote-and-bind setup solution for fast product launches.

Key Features

Accelerated onboarding for new insurance product lines
Preconfigured quote-and-bind workflows for specialty products

Target Users: MGAs and carriers launching new specialty products

Loro Connect

Embeds quote capability on any partner website without deep integration.

Target Users: Brokers and distribution partners

API Integration

RESTful API for embedding insurance functionality into third-party platforms.

Key Features

Quote and purchase embed via API
Integrations with Guidewire, Duck Creek, and Salesforce
Faura integration for property risk selection

Target Users: Digital platforms and embedded insurance use cases

At a Glance

Founded: 2021
Headquarters: Dover, Delaware, USA
Employees: 11-50
Funding: Seed

Category & Focus

Category: Distribution & Sales
Subcategories: Quote-to-Bind MGA Platforms Embedded Insurance No-Code Insurance Platform
Insurance Verticals: Specialty/E&S P&C Commercial Reinsurance
Target Customers: Carriers, MGAs/MGUs, Brokers