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Loro logo — Distribute any insurance product, immediately. Keep underwri...

Loro

Distribute any insurance product, immediately. Keep underwriting control.

Founded 2021 United States Dover, United States 34 employees Seed Total: $750.00K Insurance, Insurtech

General Information

Company Name Loro
Founded Year 2021
Location United States Dover, United States +2
Founders / Decision Makers
Team member
Employees 34
Industries Insurance, Insurtech
Funding Stage Seed
Social

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About Loro

Loro Insurtech Inc. is a disruptive player in the insurance industry, offering a platform to distribute any insurance product immediately while retaining underwriting control. The company enables insurance companies, managing general agencies, and brokers to transact business online with complete efficiency, real-time reporting, and seamless quote-bind-rate capabilities. Loro also provides full oversight and distribution power, whether through brokers or direct to the consumer, through its Loro Connect feature. The company's track record is impressive, trusted by clients across four continents, and recognized as part of Cohort 11 at the renowned Lloyd's Lab. Loro's most recent investment of $750.00K in a Seed Round at 01 June 2023 was led by Markd and Christian Kanu, further validating its potential in the Insurtech space. As the company continues to gain traction and disrupt traditional insurance distribution models, it presents an intriguing opportunity for venture capital investors seeking exposure to the evolving insurance landscape.

Taxonomy: Digital Distribution, Insurance Platform, MGA, Online Platform, Insurance Technology, Underwriting Control, No-Code Platform, Lloyd's Lab, Insurance Industry, Brokers, Customer Journey, Real-Time Reporting, Efficiency of Process, Global Distribution

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 2
Investor
•••• •••• 		01 Jun 2023
Seed Round •••••• - 23 Aug 2022
Pre Seed Round •••••• - 15 Jun 2021

Loro Alternatives & Competitors

Loro vs
BrokersNexus
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PolicyFly
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Compare Loro vs PolicyFly
Also compare with: Loro vs Wingman Insurance Wingman Insurance Loro vs SGI CANADA SGI CANADA

FAQ About Loro

Distribute any insurance product, immediately. Keep underwriting control.
Loro was founded in 2021.
Loro is headquartered in Dover, United States.
Loro operates in the following industries: Insurance, Insurtech.
Loro has approximately 34 employees.
Loro has completed 3 funding rounds, raising a total of $750.00K. The latest funding stage is Seed.
Top alternatives and competitors to Loro include BrokersNexus, TIP insurance, PolicyFly, Wingman Insurance, SGI CANADA. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Loro and BrokersNexus are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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