Openly
Openly Company Growth, Stability & Outlook
Openly Employee Perspectives
Openly’s expanding agent network and continued financial backing provide evidence of its ability to grow its insurance business and extend its reach. More than 60,000 agent partners across 24 states, combined with a strengthened Allianz Re partnership and continued investor support, position the company to enter additional states, introduce more products and further develop its platform.
“Independent agents are the cornerstone of Openly's business model. With over 60,000 agent partners across 24 states, we've demonstrated the effectiveness of our approach. This strengthened partnership with Allianz Re, alongside continued support from our investors, accelerates that commitment: more states, more products, and a stronger platform for every agent who chooses to build their book with us.”
What People Are Saying About Openly
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Strong Revenue Growth: Written premium increased from 2023 to 2024, and early 2026 results were reported higher year over year, indicating ongoing top-line momentum. Industry coverage cites hundreds of millions in annual premium, underscoring scale.
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Market Expansion: The footprint reached 24 states after new launches in 2024, with additional states planned. Agent distribution spans tens of thousands of independent agents, signaling broader reach.
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Investor Backing & Capital Strength: Significant financing was secured in 2025 and again in 2026, with participation from established investors. A deepened long-term reinsurance relationship with Allianz Re further supports capacity for growth.
