Loro
Loro is a Colombia-headquartered B2B digital platform that powers specialty insurance distribution for insurers, MGAs, brokers, and risk builders, with Loro Boost enabling structured quote-and-bind workflows and an Indemn AI chatbot for in-product support.
- Company typePrivate
- Founded2017
- HeadquartersBogotá, Colombia
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Loro does
Loro is a digital platform company that enables specialty insurance distribution. It serves four primary customer segments: insurers, managing general agents (MGAs), brokers, and risk builders. The core product is the Loro Digital Platform, on top of which the company has built Loro Boost, a workflow layer that streamlines quote-and-bind processes for specialty insurance products, supporting multi-entity and multi-board submissions with clearer placement visibility. The platform retains carrier underwriting control while reducing manual touchpoints for brokers.
The technology stack centers on a structured-submission workflow engine (Loro Boost) integrated with Indemn AI's conversational chatbot, which is specifically trained for the insurance sector and provides real-time text-based support for platform navigation, product configuration, and quoting. Loro's go-to-market is enterprise sales-led, distributing the platform via direct licensing to carriers, who then expose the workflow to their broker networks. The flagship deployment is with Casper Specialty, which uses Loro Boost to power a specialty Directors & Officers (D&O) quote-and-bind capability launched in January 2026.
Loro generates revenue through platform licensing and recurring SaaS arrangements, though pricing is not publicly disclosed. Founded in 2017 and headquartered in Bogotá, Colombia, the company employs 51-100 people. Total disclosed funding across three rounds (2016, 2017, 2019) is approximately $1.86M, with Ventura Family Office as the most recent disclosed investor. Leadership comprises co-founder and CEO Juan Saravia and CTO Andres Mejia. Note: the firmographic short description references retail mall digitalization, which conflicts with the substantive product, partnership, and launch data pointing to a specialty insurance platform; the insurance platform narrative is treated as authoritative given the recency and specificity of the underlying sources.
Loro firmographics
Firmographics- Name
- Loro
- Website
- https://loro.com.co
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Loro is a Colombia-headquartered B2B digital platform that powers specialty insurance distribution for insurers, MGAs, brokers, and risk builders, with Loro Boost enabling structured quote-and-bind workflows and an Indemn AI chatbot for in-product support.
- Ownership category
- akta.pro rank
Where Loro is headquartered
LocationHeadquarters
- HQ city
- Bogotá
- HQ country
- Colombia
- HQ region
- Latin America
Markets served
Loro business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Licensing/SaaS: Loro operates as a digital platform infrastructure provider for specialty insurance distribution, generating revenue through technology platform licensing to insurers, MGAs, and brokers. The platform powers workflows for carriers like Casper Specialty.
Go-to-market motion2 records
Distribution channels1 record
Loro product offering
Product offeringCore offering
Loro is a digital platform for specialty insurance distribution that provides AI-powered conversational support and streamlined workflows for insurers, Managing General Agents (MGAs), brokers, and risk builders. The platform's Loro Boost solution enables partners to deploy specialty insurance workflows, including structured quote and bind capabilities for products such as specialty Directors & Officers (D&O) insurance, supporting multiple entities and boards with clearer placement visibility. The company integrates Indemn AI's conversational chatbot to deliver real-time, sector-trained guidance for platform navigation, product configuration, and quoting workflows.
Product overview
Loro is a digital platform for specialty insurance distribution. The core Loro platform integrates Indemn AI's conversational chatbot to provide AI-powered support for platform navigation, product configuration, and quoting workflows. The Loro Boost solution serves as the technology platform enabling partners like Casper Specialty to deploy specialty insurance workflows, including streamlined quote and bind capabilities for specialty D&O insurance products. The platform serves insurers, MGAs, brokers, and risk builders across the specialty insurance ecosystem.
Differentiator
Problem solved
Functional benefit
Products and services
- Loro Digital Platform
- Loro Boost
Companies that use Loro
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
Loro technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature2 records
Loro partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and flagship.
- Indemn AIcoreLoro integrated Indemn AI's conversational chatbot into its specialty insurance platform. The AI assistant is specifically trained for the insurance sector and provides real-time intelligent support for platform navigation, product configuration, and quoting workflows. This integration aims to accelerate onboarding, reduce support bottlenecks, and improve user success across the Loro ecosystem.
- Casper SpecialtyflagshipCasper Specialty launched a streamlined quote and bind capability for specialty Directors & Officers (D&O) insurance powered by Loro's Loro Boost solution. The workflow provides brokers with a single structured submission process supporting multiple entities and boards, clearer placement visibility, and more consistent turnaround times. Casper retains full portfolio visibility and control over underwriting decisions. This represents the first phase of Casper's use of the Loro platform, with flexibility to support additional Casper products over time.
Recent moves5 records
Expansion highlights5 records
Loro competitors and assessment
Company assessmentDirect peers
- Boost Insurance: Boost Insurance is a digital infrastructure platform that enables partners to launch and distribute specialty insurance products. Its product model of embedding and powering specialty insurance workflows is closely analogous to Loro Boost powering Casper Specialty's D&O quote-and-bind.
- Indio Technologies: Indio built a digital insurance application and distribution platform for brokers and carriers, now operating within Applied Systems. Its focus on broker-to-carrier submission workflows directly parallels Loro Boost's structured submission value proposition.
- CoverWallet: CoverWallet is an insurance distribution platform providing digital workflows for commercial lines, now part of Aon. It competes in adjacent commercial distribution workflows and shares Loro's orientation toward structured digital submission and bind.
Broad incumbents
- Vertafore: Vertafore is a large, established provider of insurance distribution and agency management software. It offers overlapping workflow capabilities to carriers, MGAs, and brokers but as part of a much broader portfolio rather than a specialty-focused platform.
- Applied Systems: Applied Systems is a leading insurance agency management and distribution technology provider serving agencies, carriers, and MGAs at scale. It now includes Indio and competes in the same broker-carrier workflow space as Loro Boost.
- Duck Creek Technologies: Duck Creek is an established SaaS provider of core systems and distribution workflows for P&C insurers. Its policy, billing, and distribution suite covers adjacent workflows to Loro's specialty distribution focus.
- Guidewire Software: Guidewire is a major insurance core systems platform for P&C carriers, offering underwriting, policy, and distribution capabilities. It serves the same carrier and MGA buyer segments as Loro but at enterprise core-systems scale.
Emerging players
- AgentSync: AgentSync provides digital infrastructure for insurance distribution compliance, appointments, and producer management. It addresses adjacent parts of the carrier-to-broker workflow that Loro's platform also touches.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Loro social profiles
Digital presenceLoro financial estimates
Financial estimateRevenue estimate
Valuation estimate
Loro leadership team
Management profileNumber of profiles
Profiles2 records
Loro funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Loro 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
What does Loro do?
Loro is a digital platform for specialty insurance distribution that provides AI-powered conversational support and streamlined workflows for insurers, Managing General Agents (MGAs), brokers, and risk builders. The platform's Loro Boost solution enables partners to deploy specialty insurance workflows, including structured quote and bind capabilities for products such as specialty Directors & Officers (D&O) insurance, supporting multiple entities and boards with clearer placement visibility. The company integrates Indemn AI's conversational chatbot to deliver real-time, sector-trained guidance for platform navigation, product configuration, and quoting workflows.
Is Loro a public or private company?
Loro is a private company. It is classified as venture growth investor backed and is currently operating.
When was Loro founded?
Loro was founded in 2017. It employs 51 to 100 people.
Where is Loro based?
Loro is headquartered in Bogotá, Colombia, in the Latin America region.
How does Loro make money?
One revenue line is on record: platform Licensing/SaaS.
Who are Loro's main competitors?
Direct peers on record are Boost Insurance, Indio Technologies and CoverWallet. Broad incumbents are Vertafore, Applied Systems, Duck Creek Technologies and Guidewire Software. AgentSync is listed as an emerging player.
Does Loro have an API?
No public API is recorded for Loro.