Things To Know About Openly
The insurance based industry founded in 2017 is headquartered in Boston. The privately held company holds specialties in sectors like insurance, home insurance, independent agency, exclusive pricing, insurtech, simple insurance.
The firm serves premium insurance by delivering comprehensive coverage through independent agents to it’s customers.
Aim Of The Following Collaboration
The partnership will see Trellis offer Openly’s premium insurance to clients through its Savvy platform, an embedded insurance solution for financial institutions, FinTech and other consumer businesses in the Fintech sector.
Looking at what difference or unique Savvy offers to it’s consumers, Savvy simplifies insurance by using machine learning to bridge insurance offers to meet clients’ needs and enable users to transparently compare their existing policies side-by-side with new quotes using just their insurance login.This allows them to understand every different claim in a better way, compare it to their requirements and redeem the best option suitable for them.
According to Openly, the following partnership provides Savvy users with access to Openly’s premium, straightforward home insurance.
What Are The Views Of Leading Members Of The Firm On This
Ty Harris, CEO of Openly, said, “Trellis and Openly both offer market-leading technology – and share the mission of making insurance as simple as possible. Our team is excited to partner with Trellis to deliver our premium home insurance through the Savvy platform.”
Daniel Demetri, CEO of Trellis, added, “Since launching our digital homeowners insurance experience last year, we’ve curated an amazing panel of carriers to serve Savvy’s national user base. We’re excited to work with Openly to distribute their innovative, tech-driven products in the contexts and platforms where consumers are thinking about their finances every day.”