The Cambridge-based Insurtech also has hired former SVP of Engineering at KAYAK, Gene Shkolnik, as its CTO.
Insurtechs news New England
The insurtech focused on AI-Driven Smart Commercial Insurance made the announcement after the completion of its Series B funding round.
Now officially open in two states, Openly plans on entering Massachusetts later this year.
Aon says the acquisition will couple its investment in data and analytics with CoverWallet’s advanced technology to create new sources of value for clients.
A quick re-cap of the major insurance events which took place last week in Massachusetts.