The collaboration integrates Faura’s property risk assessment technology with Loro’s digital insurance distribution platform.

Faura’s technology use survivability-focused resilience models to assess property risk, enabling insurers to improve underwriting and profitability for high-risk properties. By combining on-the-ground risk analysis with proprietary technology, Faura identifies properties with enhanced resilience to natural disasters.

Loro’s platform enables the digital distribution of specialty insurance products across various distribution channels. The platform facilitates rapid product launches, enhances underwriting through Loro Boost, and provides comprehensive portfolio management tools. It also enables distribution through complex, multi-layered channels.

Peter Tilbrook, CEO of Loro: “The Loro partnership with Faura showcases two key things modern MGAs and Insurers should be aspiring to achieve: speed to market and informed risk selection.”

Valkyrie Holmes, CEO of Faura adds: “Faura is thrilled to partner with Loro; it’s time to start leveraging innovative climate and property tech to transform the insurance experience for our clients. We focus on pinpointing property survivability to help clients place more business and reduce losses, and because we can tailor our software to the needs of the consumer, we can move so much faster and make more efficient decisions.”