Policygenius Partners with Openly to Distribute Tailored Homeowners Insurance

Through Policygenius’ online insurance marketplace, homeowners can compare Openly insurance policies with those from other insurance carriers.

(Image credit: Harry Strauss/image4you.)

Openly (Boston), a premium homeowners insurance carrier that affirms the agent distribution channel, today announced its homeowners insurance quotes are now available on Policygenius (New York), an online distribution site for online insurance and financial protection.

Jennifer Fitzgerald, CEO and Co-Founder, Policygenius.

Policygenius offers a number of insurance quotes to customers with the proposition of providing the best and most comprehensive options available. Through Policygenius’ online insurance marketplace, homeowners can compare Openly insurance policies with those from other insurance carriers and work with experienced Policygenius agents to purchase the policy that is right for their needs, a Policygenius statement says.

“We are an insurance company built upon transparency, and our partnership with Policygenius fuels our goal of offering the most comprehensive policies driven by speed and market-leading technology,” said Ty Harris, co-founder and CEO of Openly.

“Being able to offer Openly quotes on our marketplace further reaffirms our commitment to helping consumers get insurance right, and adds a new and transparent tech-enabled product to our marketplace,” said Jennifer Fitzgerald, co-founder and CEO, Policygenius.

Ty Harris, CEO and Co-Founder, Openly.

Founded in 2014, Policygenius describes its mission as enabling consumers to secure financial protection, ranging from insurance to estate plans. Through Policygenius, consumers can understand their insurance options, compare quotes and purchase a policy all in one marketplace, the company says. Policygenius also provides online content to help customers understand complex financial topics. To date, the platform has helped over 30 million people shop for insurance and placed over $100 billion in coverage.

Openly’s homeowners insurance value proposition is designed to product benefits consumers and insurance agents alike. The company aims to provide consumers with more comprehensive coverage and top-notch service while enabling agents to benefit from the ability to generate fully underwritten policies in seconds, giving them time customize coverage to meet each client’s needs, rather than tediously entering data.

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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