Openly, a homeowners’ insurance platform, announced it has expanded into Alabama, its eighth new state in 2021.
Openly, which lets website users choose an agent, get a quote or file a claim, is now in 15 states, the company said in a news release.
Founded by industry veterans Ty Harris and Matt Wielbut, the Boston-headquartered company uses technology and data to provide homeowners policies. Alabama is ripe for the company’s expansion, it said: Almost 70% of homes in the state are owner-occupied and the state is susceptible to perils such as hurricanes, tornadoes and flooding.
Topics Alabama
Was this article valuable?
Here are more articles you may enjoy.
All Commercial Insurance Lines Except One in ‘Soft-Market Territory’: WTW
Chubb Books Record P/C Underwriting Income, Combined Ratio in Q3
Progressive Records $2.6B in Q3 Income After Refunds for Excess Profits in Florida
‘Massive Legal Siege’ Against Social Media Companies Looms 

