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Episode #12: Ty Harris of Openly
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Episode Summary:
During this episode, Ty Harris sits down with our hosts to share the story behind his startup, Openly, and why, with his first kid on the way and after 12 years of success at Liberty Mutual, he decided to embark on this new adventure.
Heads up: Throughout this episode you may hear Rob refer to the podcast as undercovered, instead of uncovered. Rob did not have his coffee on this day and we apologize for any confusion, but we hope you enjoy this blooper. :)
What is Uncovered:
- How Openly is bringing more transparency into the insurance industry
- The highs and lows of starting a new business
- Ty’s TechStars experience and why it was so great for Openly
- The challenges of starting a business in a heavily regulated industry
- Why Boston is a great place for insurance start-ups
- How Openly has embraced a remote working culture
- How to manage employee satisfaction as your startup grows
- The surprising skills Ty has learned over the years in the spirit of always challenging himself
- The hidden power of pacing yourself and coming to terms with the fact that things are always going to take longer than you think
List of resources mentioned and suggested reading in episode:
- Openly Website: https://openly.inc/
About Ty:
Before founding Openly in 2017, Ty spent 12 years at Liberty Mutual, a top 5 global insurer, where he was most recently EVP and Chief Product Officer. In this role, Ty led an organization responsible for product, pricing, underwriting, and innovation across all personal lines of business. Prior to Liberty Mutual, Ty did research at the Brookings Institution and taught economics and statistics at MIT and Northeastern. A Duke and MIT alum, Ty is also a fully credentialed actuary (FCAS). Ty lives in Boston’s Back Bay with his wife and two kids. He’s an enthusiastic runner, snowboarder, windsurfer, and dad!
About Openly:
Openly is proud to offer innovative, comprehensive homeowners insurance, wrapped in modern convenience. We arm agents with the tools necessary to serve up a world class customer experience.
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