Openly

About

Openly is a premium homeowners insurance provider that leverages advanced technology and deep industry expertise to offer comprehensive and transparent coverage. Founded in 2017 by Ty Harris and Matt Wielbut, the company was established to address a gap in the market for straightforward, customer-friendly home insurance policies distributed exclusively through independent insurance agents. Openly's innovative approach integrates actuarial science, machine learning, and cutting-edge technology to streamline the insurance process for both agents and consumers. This makes quoting faster, policies clearer, and claims smoother, ultimately enhancing the overall customer experience. The company is dedicated to empowering independent agents by providing them with a superior technology platform and a product that offers robust coverage options tailored to individual homeowner needs. Headquartered in Boston, Massachusetts, Openly has rapidly expanded its operations and now offers its services in numerous states across the United States, with ongoing plans for further nationwide expansion. The company prides itself on its core values of integrity, empathy, teamwork, curiosity, and urgency, which guide its interactions with customers, agents, and employees. Openly operates as a remote-first company, allowing it to attract top talent from across the country. It has built its entire technology stack in-house, including systems for pricing, underwriting, billing, and policy management, which provides greater flexibility and efficiency compared to traditional carriers relying on off-the-shelf software. This commitment to technological innovation and customer-centric service has positioned Openly as a transformative force in the insurtech landscape, focused on rebuilding insurance from the ground up with a strong emphasis on transparency and simplicity.