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Openly

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Openly
File:Openly logo.svg
Private
ISIN🆔
IndustryInsurance
Founded 📆2017
Founders 👔Ty Harris
Matt Wielbut
Headquarters 🏙️Boston, Massachusetts, United States
Area served 🗺️
United States
Key people
Ty Harris (CEO)
Members
Number of employees
🌐 Websitewww.openly.com
📇 Address
📞 telephone

Openly is an American property insurance company based in Boston, Massachusetts. It offers homeowners insurance policies sold through independent insurance agents in the United States.[1]

History

Openly was founded in 2017 by Ty Harris and Matt Wielbut.[1] The company began issuing homeowners insurance policies in Massachusetts and Illinois in 2019.[1] By 2024, industry publication Coverager reported that Openly generated approximately $360 million in written premiums across its carrier partners.[2]

Operations

Openly offers homeowners insurance policies that are distributed through independent insurance agents rather than sold directly to consumers.[1] The company operates as a managing general agent and works with carrier partners including Rock Ridge Insurance Company and MS Transverse Insurance Company.[2] In 2025, Coverager reported that Openly was developing an automobile insurance product, based on job postings related to claims operations.[3]

References

  1. ↑ 1.0 1.1 1.2 1.3 Ybarra, Julia (29 October 2019). ""Openly For Business": How This Boston Insurtech Is Hedging Its Bets On Independent Insurance Agents". Agency Checklists. Retrieved 20 October 2025.
  2. ↑ 2.0 2.1 "Openly adds online quote feature". Coverager. 23 April 2025. Retrieved 8 December 2025.
  3. ↑ "Openly is working on a car insurance product". Coverager. 2 June 2025. Retrieved 8 December 2025.


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