Openly, a homeowners insurance carrier focused on independent agents, has selected Majesco Billing for P&C on Majesco CloudInsurer in order to provide increased flexibility, greater service and modern insurance experience to its customers.
Founded in 2017, Openly seeks to introduce a sense of transparency to the insurance marketplace that is illustrated across its comprehensive all risk products, distribution through knowledgeable independent agents, and the free flow of information with online policy contracts. Operating exclusively through independent agents, Openly offers an annual billing option. With its continued state expansion and customer growth, the company needed a platform that would provide customers options and flexibility through direct and instalment-based billing options.
Commenting on the partnership, Openly co-founder Matt Wielbut said, “As we continue to expand our business, we remain committed to providing customers with next-gen capabilities that align with our standards of simple and transparent solutions. Majesco Billing for P&C on Majesco CloudInsurer supports our aggressive growth strategy and delivers a state-of-the-art SaaS platform that is easy to use, flexible and keeps us on the leading edge which our customers demand.”
Today, market leaders understand billing is crucial to customer engagement and digital strategies – recognizing the growing demand for new payment methods, billing plans, access to real-time billing information, electronic billing options, let alone on-the-spot adjustments due to unprecedented market shifts. Majesco Billing for P&C’s platform empowers companies to rapidly respond to market scenarios and customers’ demands.
Majesco EVP Prateek Kumar said, “We’re excited to partner with Openly and welcome them to our growing start-up, greenfield and MGA customer base as they continue to put the customer first and invest in leading technology that delivers flexibility and an experience that customers expect today.”
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