Openly Partners with Flyreel to Let Policyholders Conduct Self-Inspections
Openly Partners with Flyreel to Let Policyholders Conduct Self-Inspections
(Image source: Flyreel website.)
Openly Inc., a Boston-based technology-enabled premium home insurance provider focused on simplifying the buying process and supporting rather than disintermediating agents, has announced a partnership with Flyreel (Denver), an advanced artificial intelligence (AI) solution for residential and commercial property insurance inspections. Openly policyholders will now be able to conduct self-inspections of their property through Flyreel’s AI, high-fidelity video and a conversational chatbot to streamline the policyholder experience, while capturing the required elements to accurately underwrite a policy, according to Openly’s announcement.
The Openly announcement notes that, traditionally, carriers have subjected policyholders to in-person inspections that are disruptive to schedules. Through this partnership with Flyreel, Openly says its customers are now empowered with the option to conduct their own inspections when it’s most convenient for them. The inspection process takes only 20 to 30 minutes on average to complete and can be paused and resumed at any time, offering unrivaled flexibility, the vendor says.
Ty Harris, CEO and Co-Founder, Openly.
“Because we’re a technology-driven company, this partnership with Flyreel is a natural next step as we look to expand on our technological offerings for both consumers and independent agents,” comments Ty Harris, CEO of Openly. “Providing our policyholders with Flyreel’s efficient and easy to use technology will prove invaluable during home inspections and improve upon the overall insurance experience.”
Empowering Policyholders to Inspect their Own Homes
“We’re proud to support Openly as they empower policyholders to inspect their own homes, at their own pace, using artificial intelligence and a touchless experience,” says Cole Winans, CEO, Flyreel. “Openly has a relentless commitment to protecting their customers while delivering beautifully simple insurance which makes for a strong partnership and we’re excited to be part of this effort.”
Openly’s announcement describes Flyreel as the world’s most advanced data capture solution for property. “Flyreel’s AI-assistant seamlessly guides users through comprehensive interior and exterior property scans,” The announcement says. Using proprietary insurance-specific computer vision technology, Flyreel automatically extracts and indexes every detail of the property as it’s scanned, including contents, features, hazards, risks, conditions, materials and more, the announcement concludes.
Flyreel Announces $10 Million Series A Financing | Insurance Innovation Reporter (iireporter.com)
Openly Raises $40M in Series B Round to Further Accelerate Growth | Insurance Innovation Reporter (iireporter.com)