Openly, a tech-driven homeowners insurance provider, has partnered with claimtouch, an AI-native insurtech, to automate personal property claims valuation. The partnership integrates claimtouch's Personal Property Platform with Openly's claims management system, enabling adjusters to generate detailed contents inventories and estimates more efficiently. Claimtouch's platform uses machine learning and large-scale data to deliver real-time valuations for personal property losses, replacing manual processes with data-driven assessments. The integration aims to reduce settlement times and improve pricing consistency across claims. Founded in 2017, Openly operates in 24 states and partners with over 44,000 independent agents. The company said the partnership reinforces its commitment to transparent and trustworthy claims processing for policyholders.

Openly, a home insurance provider, secured $193 million in growth financing led by Eden Global Partners and Allianz X, comprising $123 million in equity and a $70 million senior note. This follows a $100 million Series D in 2023. The funds will enhance services, expand U.S. coverage, and introduce new solutions. Openly now operates in 24 states with nearly 50,000 agents. The investment strengthens its reinsurance partnership with Allianz Re and reinforces its insurtech sector position.