Anthony R. O’Donnell // December 20, 2023
(Image source: Ecopia AI.)
Openly (Boston), a premium homeowners insurance provider, has selected Ecopia AI’s (Toronto) Building-Based Geocoding to fuel high-precision risk assessment during the underwriting process. Openly’s user base of independent property/casualty insurance agents across 21 states will now be able to provide the most accurate quotes to homeowners by leveraging the power of artificial intelligence (AI), an innovative approach that aligns with Openly’s own founding ideals, according to a statement from Ecopia.
Established in 2017 by a P&C industry veteran and an experienced InsurTech venture founder, Openly aims