Openly News

Agent-Focused Home Insurer Openly Closes $75 Million Funding Round

Boston-based Openly, an insurtech homeowners insurer distributing through independent agents, has closed a $75 million Series C investment. According to founders Ty Harris and Matt Wielbut, Openly has responded to a perceived gap in the market: while consumers are increasingly …

People Moves: NFP Appoints Markel’s Horsman as Head of Canadian National Broking; Insurer Openly Expands Reinsurance Division, Hiring Landi From Everest Re

This edition of International People Moves details appointments at the broker NFP and homeowners’ insurer, Openly. A summary of these new hires follows here. NFP Appoints Markel’s Horsman as Head of Canadian National Broking NFP, the New York City-based property/casualty …

Openly Brings Home Insurance Offering to Missouri

Openly is up and running in Missouri, enabling independent insurance agents to access Openly’s coverage and obtain quotes. Missouri marks the 12th state in Openly’s nationwide expansion. Openly says it plans to continue its expansion state by state, with more …

Openly’s Homeowners Insurance Now Available in Oklahoma

The Boston-based homeowners insurance platform, Openly, is now available for homeowners and independent insurance agents in Oklahoma. Independent insurance agents in Oklahoma can now access Openly’s premium, transparent and comprehensive coverage, obtaining quotes in seconds. Oklahoma marks the 11th state …

Openly Expands Homeowners Insurance Platform into Massachusetts

Homeowners insurance platform Openly has made its services available in its home state of Massachusetts. Independent insurance agents in Massachusetts can now access Openly’s coverage and obtain quotes in seconds. Openly has filed for licenses now in nine states with …

Homeowners Insurer, Openly, Expands Into Wisconsin

Openly, based in Boston, is now offering its homeowners insurance products and services in Wisconsin. More than 500 independent agents across the state can now access Openly’s technology that simplifies the homeowners insurance process, providing a quote in just 15 …

Openly, High-End Home Insurance MGA, Secures $40M for National Expansion

Openly, an insurtech managing general agency for high-end homeowners insurance, raised $40 million of venture capital from multiple investors. The investment will fuel a national expansion, hiring and further technological development. “The reception has been phenomenal,” Openly co-founder and CEO …

Homeowners Insurer Openly Enters Ohio

Boston-based Openly is now selling homeowners insurance in Ohio. Ohio homeowners and independent agents can now buy Openly’s premium insurance, obtaining quotes in 15 seconds, according to the company’s media release. The company said its entrance to the state provides …

Upmarket Homeowners Insurance Platform Openly Raises $15 Million

Boston-based Openly, a platform that sells upmarket homeowners insurance through independent agents, said it has closed a $15 million Series A investment. The round was led by Obvious Ventures, with participation from existing investors including Gradient Ventures (Google’s AI-focused Venture …

Homeowners Insurtech Openly Expands into Kentucky

Openly Insurance, a tech-forward company that specializes in premium homeowners insurance, is expanding into Kentucky, the fifth state it is offering its product in to date. Kentucky makes it the fifth state to now offer Openly’s exclusive homeowners insurance product, …