Insurtech Profile: Openly’s ‘Sophisticated’ Digital Experience for Independent Agents

122

Keep an eye out for Openly, a new digitally-sophisticated upmarket homeowners insurer catering to independent agents.

According to Ty Harris, founder and CEO, Openly will launch in early 2019 in a yet-to-be-announced large inland state. “We’re going after mainland America homeowners insurance,” Harris, a former Liberty Mutual executive turned entrepreneur, told Wells Media’s Andy Simpson at the 2018 InsureTech Connect Conference.
The clearly simplified system prompts agents to answer only three questions to get a quotation for a customer, and makes it easier to click for pricing and pricing for second homes, floods, content, hosts, or other options.

Founding partner Matt Wielbut, is an old Goldman Sachs technology manager who has set up an insurance agent.

Harris said Openly plans to add more products after it leaves.

In this interview, Harris discusses Openly’s origins, digital capabilities, raised host policy, and proposition for independent agencies.

Legal warning !
The information, comments and suggestions there are not covered by investment advice. It is based on the author's personal opinions. These views may not fit your financial situation and risk and return preferences. For this reason, based solely on this information, investment decisions may not have the appropriate consequences for your expectation. Our Site is not responsible for any direct or indirect damages incurred by the investors as a result of the use of the information on the Site, deficiencies in the sources, damages incurred by profit, moral damages, or damage to third parties.