Turris, a provider of compliance and payment automation solutions for the insurance sector, has partnered with Loro Insurtech to deliver a unified solution aimed at modernising how insurers and MGAs handle compliance and broker onboarding.
The partnership accelerates broker and agent onboarding, streamlines quoting and binding, and automates compliance checks and filings—boosting efficiency and reducing risk.
Turris automates back-office tasks like license verification and regulatory reporting. Loro offers a digital platform for MGAs, carriers, and agents to manage quote-to-bind workflows.
The joint solution is live for both customer bases, with rollout support available. Key benefits include faster market access and real-time compliance automation.
Together, Turris and Loro aim to let insurance pros focus on growth while back-end operations run automatically.
Loro CEO and co-founder Peter Tilbrook said, “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. 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.”
Turris CEO and co-founder Douglas Ver Mulm said, “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, “The solution is already solving additional challenges for joint clients, including E&S policy stamping by automatically sharing state-specific agent licensing data.”
Keep up with all the latest FinTech news here
Copyright © 2025 FinTech Global
Investors
The following investor(s) were tagged in this article.