Loro Insurtech Inc.
Loro Insurtech Inc. provides a no-code digital platform that enables insurers and insurance professionals to build, configure, and distribute specialty insurance products, supplemented by an Indemn AI chatbot for workflow support. The company serves small and mid-market insurers through a freemium, self-serve go-to-market model.
- Company typePrivate
- Founded2021
- HeadquartersDover, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Loro Insurtech Inc. does
Loro Insurtech Inc. is a Delaware-incorporated insurtech company that provides a no-code digital platform for the distribution of specialty insurance products. The platform enables insurance professionals and insurers to build, configure, and distribute specialty insurance products without requiring programming expertise, targeting use cases such as rapid product launches, quoting workflows, and operational configuration. As of January 2026, the platform also incorporates Indemn AI's conversational chatbot, which delivers real-time, domain-trained support for product navigation, configuration, and quoting.
The company's business model is built around a freemium, product-led growth motion. A free tier covers up to $100K in Gross Written Premium (GWP), with paid tiers presumably priced above that threshold, though specific pricing is not publicly disclosed. Distribution is self-serve via loroinsurance.com, with the company positioned to serve small and mid-market insurers globally, although operating evidence is concentrated in North America.
Loro has raised approximately $1.85M across two seed rounds (June 2023 and July 2025), both led by Markd, with the second round also including strategic angel investors. The company is headquartered in Dover, Delaware, with 11-50 employees, and is led by three co-founders covering strategy, sales, and technology. Capital is being directed toward team expansion, product innovation, and insurer adoption.
Loro Insurtech Inc. firmographics
Firmographics- Name
- Loro Insurtech Inc.
- Legal name
- Loro Insurtech Inc.
- Website
- https://loroinsurance.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Loro Insurtech Inc. provides a no-code digital platform that enables insurers and insurance professionals to build, configure, and distribute specialty insurance products, supplemented by an Indemn AI chatbot for workflow support. The company serves small and mid-market insurers through a freemium, self-serve go-to-market model.
- Ownership category
- akta.pro rank
Loro Insurtech Inc. industry classification
Industry- Product category
- Specialty Insurance Distribution Software
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK)
- akta.pro secondary industries
- Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL), Customer Engagement, CRM & Agent/Broker Enablement Platforms (FSAGAGAD), Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)
Keywords
Where Loro Insurtech Inc. is headquartered
LocationHeadquarters
- HQ city
- Dover
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Loro Insurtech Inc. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Platform Subscription with Free Tier: Loro offers a free tier for up to $100K Gross Written Premium (GWP), with likely paid tiers for higher GWP volumes. This freemium-style model enables insurers to trial the platform before committing to paid plans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for up to $100K GWP |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Loro Insurtech Inc. product offering
Product offeringCore offering
Loro Insurtech Inc. provides a no-code digital platform that enables insurers and insurance professionals to build, configure, and distribute specialty insurance products without writing code. The platform features a free tier for up to $100K Gross Written Premium (GWP) and integrates the Indemn AI conversational chatbot to provide real-time, AI-powered support for product configuration, quoting workflows, and platform navigation.
Product overview
Loro Insurtech Inc. offers a unified no-code digital platform for specialty insurance distribution. The platform enables insurance professionals to build and distribute insurance products rapidly and flexibly without coding requirements. All customers receive access to the Indemn AI chatbot for intelligent support. The platform includes a free tier for up to $100K Gross Written Premium (GWP).
Differentiator
Problem solved
Functional benefit
Products and services
- Loro Specialty Insurance Platform A no-code digital platform for specialty insurance distribution that enables insurers and insurance professionals to build, configure, and distribute insurance products rapidly without coding. Includes a free tier for up to $100K Gross Written Premium (GWP) and embedded Indemn AI chatbot support for product configuration, quoting, and operational workflows.
Companies that use Loro Insurtech Inc.
Customer profileSegments2 records
Ideal customer profiles1 record
Loro Insurtech Inc. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature2 records
Loro Insurtech Inc. partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Indemn AIcoreIndemn AI integrated its conversational chatbot into Loro's specialty insurance platform to provide real-time, AI-powered support for insurance professionals. The chatbot is trained specifically for insurance use cases and assists with platform navigation, product configuration, quoting workflows, and operational guidance. The Indemn AI agent is now available to all Loro customers as part of the platform's support features.
Scale indicators2 records
Recent moves4 records
Expansion highlights4 records
Loro Insurtech Inc. competitors and assessment
Company assessmentDirect peers
- Socotra: Socotra provides a cloud-native insurance core platform with configurable policy administration, underwriting, and billing. It is a direct peer to Loro in the insurance SaaS/platform category, addressing product configuration and distribution for insurers.
- Bold Penguin: Bold Penguin operates a commercial insurance exchange that simplifies specialty and small commercial insurance distribution. It is comparable to Loro because both focus on streamlining how niche/specialty insurance products are built and distributed to agents and carriers.
- Embroker: Embroker is a digital insurance broker focused on specialty and commercial lines, leveraging technology to streamline placement and quoting. It overlaps with Loro's mission of digitizing specialty insurance distribution for underserved segments.
- CoverWallet: CoverWallet provides a digital platform for commercial insurance distribution, enabling carriers and brokers to quote and bind policies online. It is comparable to Loro as a technology-led distribution platform for specialty/commercial insurance.
- BriteCore: BriteCore offers a core insurance SaaS suite for policy administration, rating, and claims, frequently used by specialty insurers. It is comparable to Loro as a platform enabling insurers to configure and distribute products digitally.
- Next Insurance: Next Insurance provides digital, embedded commercial insurance for small businesses and specializes in niche lines. It is comparable to Loro because both target specialty/small commercial insurance distribution through a technology-first platform.
Emerging players
- Insurify: Insurify is a digital insurance comparison and distribution platform with AI-driven quoting. It is comparable to Loro in using AI and digital channels to simplify insurance product discovery and distribution for specialty and niche lines.
Broad incumbents
- Lemonade: Lemonade is a large digital insurance carrier using AI and behavioral economics across multiple lines. It is comparable to Loro as a tech-forward insurance platform, though Lemonade is a carrier/insurer rather than a SaaS distribution platform.
- Duck Creek Technologies: Duck Creek provides a suite of insurance SaaS solutions for policy, billing, and claims used by many P&C carriers, including specialty insurers. It is comparable to Loro as an incumbent insurance technology platform serving insurers' product configuration and distribution needs.
- Guidewire Software: Guidewire is an established insurance core systems provider for policy administration, underwriting, and claims used by global insurers. It is comparable to Loro as an enterprise insurance platform, though it serves large incumbents rather than specialty insurers using a no-code model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
Loro Insurtech Inc. social profiles
Digital presenceLoro Insurtech Inc. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Loro Insurtech Inc. leadership team
Management profileNumber of profiles
Profiles3 records
Loro Insurtech Inc. funding detail
Funding detailFunding overview
Funding rounds4 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Loro Insurtech Inc. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Loro Insurtech Inc.
What does Loro Insurtech Inc. do?
Loro Insurtech Inc. provides a no-code digital platform that enables insurers and insurance professionals to build, configure, and distribute specialty insurance products without writing code. The platform features a free tier for up to $100K Gross Written Premium (GWP) and integrates the Indemn AI conversational chatbot to provide real-time, AI-powered support for product configuration, quoting workflows, and platform navigation.
Is Loro Insurtech Inc. a public or private company?
Loro Insurtech Inc. is a private company. It is classified as venture growth investor backed and is currently operating.
When was Loro Insurtech Inc. founded?
Loro Insurtech Inc. was founded in 2021. It employs 11 to 50 people.
Where is Loro Insurtech Inc. based?
Loro Insurtech Inc. is headquartered in Dover, United States, in the North America region.
How does Loro Insurtech Inc. make money?
One revenue line is on record: platform Subscription with Free Tier.
Who are Loro Insurtech Inc.'s main competitors?
Direct peers on record are Socotra, Bold Penguin, Embroker, CoverWallet, BriteCore and Next Insurance. Insurify is listed as an emerging player. Broad incumbents are Lemonade, Duck Creek Technologies and Guidewire Software.
Does Loro Insurtech Inc. have an API?
No public API is recorded for Loro Insurtech Inc..
What industry is Loro Insurtech Inc. in?
Loro Insurtech Inc.'s product category is Specialty Insurance Distribution Software. Its primary akta.pro industry code is FSAGAGAK, Document, Workflow & Policy Servicing Automation (RPA/No-Code), with a secondary code of FSAGAGAL, Embedded Insurance & Affinity Distribution Platforms. Its NAICS code is 513210 and its SIC code is 7372.