Draft:Openly


Openly
Company type
Private
IndustryInsurance
Founded2017
FoundersTy Harris
Matt Wielbut
HeadquartersBoston, Massachusetts, United States
Area served
United States
Key people
Ty Harris (CEO)
Websitewww.openly.com

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. ^ a b c d 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. ^ a b "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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