# Parento > Employer\-paid parental leave insurance with integrated leave management and parent coaching ## At a glance | Field | Value | | --- | --- | | Category | Specialty Solutions | | Type | MGA | | Region | NA | | Headquarters | Wilmington, DE | | Founded | 2019 | | Employees | 11-50 | ## Overview Parento is a parental leave insurance MGA selling fully-insured paid parental leave policies directly to employers across the United States. The company targets private-sector employers with 10 to 10,000 employees that lack access to structured paid family leave benefits. Parento underwrites customizable parental leave policies covering 6 to 16 weeks of leave at up to 100% of base salary for eligible full-time employees, including birthing, non-birthing, adoptive, and foster parents. The product is designed to coordinate with existing state paid family leave programs, short-term disability policies, and employer benefit plans. Parento launched its nationwide insurance product on the Joshu Platform in January 2024, completing the contract-to-go-live in under 100 days. The company reports a 95% full-time return-to-work rate among its policyholders, compared with an industry average of 60-65%. Parento estimates the total addressable market for employer-paid parental leave insurance in the US at USD 43B, pointing to approximately 27% of private-sector workers who currently lack paid family leave access. ## Products & services ### Paid Parental Leave Insurance Fully insured parental leave coverage for employers. Policies cover 6 to 16 weeks at up to 100% of base salary for all full-time employees welcoming a child through birth, adoption, or fostering. **Key features:** - 6 to 16 weeks of paid leave at up to 100% of base salary - Gender\-neutral coverage for all parents \(birthing, non\-birthing, adoptive, foster\) - Coordinates with state PFL programs and employer STD/disability policies - Available nationwide *Target users:* US employers with 10 to 10,000 employees *Distribution:* Direct to employers \(B2B\) ### Leave Concierge Integrated leave management service bundled with the insurance product. Handles disability and state PFL filing assistance, payroll calculations, compliance coordination, and reporting dashboards for HR teams. *Target users:* HR teams at Parento policyholder employers ### Parent Experience Program Unlimited one-on-one parent coaching for employees at all stages of parental leave -- pre-leave, during leave, and return-to-work. Reports 5x usage relative to comparable employee assistance programs. *Target users:* Employees of Parento policyholder employers ### Self\-Funded Alternative A variant combining self-funded leave (no insurance premium) with the Leave Concierge and Parent Experience Program components for employers preferring to self-insure the benefit. *Target users:* Employers who want the administration and coaching services without insurance coverage ## Category & focus - Insurance verticals: Group Benefits - Target customers: Employers ## Links - Website: - Directory profile: - Blog: - Linkedin: - Press/news: --- *Last updated: 2026\-06\-05*