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Loro Insurtech Inc. provides a no-code platform enabling insurance companies, managing general agencies, and brokers to sell specialty insurance online. The platform accelerates product launches and streamlines distribution, significantly reducing time-to-market. Its technical approach modernizes complex insurance operations, increasing efficiency for users.
Founded in 2021 by CEO Peter Tilbrook and CTO Loris Candylaftis, Loro Insurtech emerged from the realization that specialty insurance struggled with outdated, inefficient technology. The founders sought to remove distribution barriers and operational complexities, like lengthy product backlogs and administrative burdens, fostering agile market engagement.
Loro serves managing general agencies, carriers, and brokers, offering enhanced market access and adaptability. The company's mission is to drive the digital evolution of specialty insurance, accelerating revenue generation and optimizing workflows for global partners. Loro envisions rapid, seamless product deployment.
Loro Insurtech Inc. has raised $1.8M across 2 funding rounds.
Loro Insurtech Inc. has raised $1.8M in total across 2 funding rounds.
Loro Insurtech Inc. has raised $1.8M across 2 funding rounds. Most recently, it raised $1.0M Seed in June 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2025 | $1M Seed | Markd VC | American Family Ventures | Announced |
| May 1, 2023 | $750K Seed | Markd VC | American Family Ventures, Christian Kanu | Announced |
Loro Insurtech Inc. is a no-code SaaS platform that enables insurance companies, managing general agencies (MGAs), and brokers to digitally distribute, quote, bind, and manage specialty insurance policies online.[1][2][4][5] It serves carriers, MGAs, program managers, and brokers by solving the problem of slow, costly digitalization in insurance distribution, allowing rapid product launches without coding or upfront fees—free up to $100K in gross written premium (GWP) annually.[2][5] Founded in 2021 and headquartered in Dover, Delaware, Loro has raised $1.1M in seed funding, grown to over 25 global clients, connected 600+ brokers, and secured partnerships like Turris for compliance and payments.[1][5]
The platform's Loro Toolbox handles everything from dynamic forms and underwriting rules to payments (via Stripe, ePayPolicy), claims, reporting, mid-term adjustments, and API integrations, supporting multilingual operations worldwide.[2][5] This empowers unlimited broker onboarding and distribution to consumers or websites, maintaining full underwriting control while accelerating market entry from months to days.[1][3][5]
Loro Insurtech was founded in 2021 by Peter Tilbrook (CEO and Co-Founder), along with team members like Loris and Diego, drawing from insurance industry expertise to address distribution bottlenecks.[1][3][5] Headquartered at 611 South Dupont Highway in Dover, Delaware, the idea emerged as a "Shopify for insurance," reimagining policy administration, underwriting, and partner networks with no-code speed and zero upfront costs.[2][3][4] Early traction included seed funding of $750K initially, followed by a $1.1M round, rapid client growth to 25+ globally, and a May 2025 partnership with Turris for seamless broker onboarding—demonstrating product-market fit in specialty insurance.[1][5]
Loro rides the insurtech wave within fintech, targeting specialty insurance's digital lag amid rising demand for embedded insurance, real-time data, and API-driven ecosystems (4,485 insurtech firms tracked).[1] Timing aligns with post-2021 funding recovery and 2025 partnerships like Turris, capitalizing on market forces like regulatory compliance needs, broker digitization, and global expansion—especially in underserved specialty lines.[1][5] By democratizing no-code tools, Loro influences the ecosystem like Shopify did e-commerce, empowering smaller MGAs/brokers (600+ connected) to compete, fostering innovation in underwriting models and customer experiences.[3][5]
Loro's momentum—25+ clients, $1.1M seed from Markd VC, and free-tier disruption—positions it to capture specialty insurance's untapped digital potential, potentially scaling GWP via more integrations and enterprise wins.[1][3][5] Trends like AI underwriting, embedded finance, and global compliance (e.g., ITC Europe 2025 exposure) will shape its path, evolving influence from niche enabler to infrastructure leader as carriers prioritize speed over legacy overhauls.[1][5] With full control and affordability, Loro unlocks distribution for builders, revolutionizing how specialty insurance reaches customers online—just as promised from day one.[5]
Loro Insurtech Inc. has raised $1.8M in total across 2 funding rounds.
Loro Insurtech Inc.'s investors include Markd VC, American Family Ventures, Christian Kanu.
