The collaboration aims to streamline the onboarding of broker and agent partners, simplify quoting and binding processes, and fully automate compliance checks and regulatory filings for insurers.
The integrated solution is now available to joint customers of Turris and Loro, with both companies offering hands-on implementation support to ensure a smooth rollout.
Designed to meet the evolving demands of modern MGAs and insurers, the partnership delivers what both companies describe as a faster, more efficient route to market with real-time, seamless compliance management.
“The Loro partnership with Turris showcases two key things modern MGAs and insurers should be aspiring to achieve: speed to market and real-time, painless compliance,” said Peter Tilbrook, CEO and Co-Founder of Loro. “By integrating with Turris’s operations automation platform, we’re adding a critical layer of verification that protects our clients while streamlining back-office operations.”
Douglas Ver Mulm, CEO and Co-Founder of Turris, emphasized the operational benefits of the integration: “Our partnership with Loro represents a significant leap forward in partner onboarding and compliance automation. Real-time license verification for every policy sold is eliminating compliance risks and driving down operational costs.”
He added that the solution is already solving additional challenges for joint clients, including E&S (excess and surplus) policy stamping by automatically sharing state-specific agent licensing data.
The companies share a vision of a unified insurance platform where professionals can focus on growth and relationships while automation handles the complexities of compliance and financial operations in the background.