OpenTrackA letter from Ben Phillips
Founder & CEO
In 2012, I received a call from a client looking to insure his Ferrari on-track at a private driving club. He knew his auto policy excluded on-track driving but wanted to buy a new policy to cover his investment in the car. After dozens of calls and hours of research I realized there wasn’t a solution for him. The only options I found were limited to $150,000 of coverage and only applied to specific “sanctioned” events.
I became obsessed. My business partner Jerod Blakestad and I set out to know everything about track days, private driving clubs, high performance driving education (HPDE) and the entire culture of tracking. What we found completely blew us away. Tracking was not just a hobby, it was a lifestyle. People in this world were beyond passionate for it and it made me even more interested in finding a solution. Underwriters however, heard “race track” and “high valued cars,” and instantly decided it was too risky. That’s when Jerod and I set out to build something on our own.
Our success since that day is primarily due to you, the tracking community. Your support was very unexpected... people typically hear the word insurance and start looking for someone else to talk to. This was instantly different though, once people saw we were trying help them find financial protection they opened doors for us.
You still continue to give us our best ideas and we are grateful for the constant feedback. You continue to push us to build on what we know is very rare in the insurance industry, a product that feels like it was made for the driver, not the insurance company.
Proof of our member driven culture is the launch of our two newest product offerings. On-Demand Physical Damage and the first ever Personal Track Liability policy.
Please continue to reach out to us with any ideas on how we can continue to grow the track world.
See you at the track!
Meet the OpenTrack CrewWe are obsessed with redefining your HPDE and track day insurance experience.
Lauren Nordvold
Marketing CoordinatorThe Guys Behind the WheelTake your driving to the next level with an OpenTrack Driver Coach.
Liability Policies
Underwritten By
Lloyd’s is the world’s specialist insurance and reinsurance market.
With expertise earned over centuries, Lloyd’s is the foundation of the insurance industry and the future of it. Led by expert underwriters and brokers who cover more than 200 territories, the Lloyd’s market develops the essential, complex and critical insurance needed to underwrite human progress.
Backed by diverse global capital and excellent financial ratings, Lloyd’s works with a global network to grow the insured world – building resilience for businesses and local communities and strengthening economic growth around the world.
Physical Damage Policies
Underwritten By
Aspen Insurance operates on both a global and regional product basis enabling them to better align their product and distribution capabilities to give the best possible service to their customers.
Founded in 2002, and listed on the New York Stock Exchange in 2003, the Aspen Group operates through wholly-owned subsidiaries and offices in Australia, Bermuda, Canada, Ireland, Singapore, Switzerland, the United Arab Emirates, the United Kingdom and the USA.
Aspen’s operating subsidiaries have been assigned a rating of “A” by Standard & Poor’s Financial Services LLC, an “A” by A.M. Best Company Inc. and an “A2” by Moody’s Investors Service, Inc.