ProspX Builds on Success of Sales Collaboration Platform with the Introduction of InsiderConnect™ - Insurance News | InsuranceNewsNet

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December 15, 2010 Newswires
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ProspX Builds on Success of Sales Collaboration Platform with the Introduction of InsiderConnect™

Technology Automatically Matches Critical News and Information with Relevant Business Opportunities in a Producer’s Pipeline

AUSTIN, Texas--(BUSINESS WIRE)-- ProspX, Inc., developer of the first on-demand enterprise search and sales collaboration solution for the commercial insurance industry, today announced its latest product release, featuring InsiderConnect. The new release demonstrates ProspX’s continued focus on making it easy for brokers and carriers to connect in real-time to people, information, and expertise.

InsiderConnect is the first electronic marketing solution that delivers targeted insurance industry and line-of-business specific news and updates to producers who are actively working on related new and renewal business opportunities. The patent pending technology performs this while maintaining the privacy and confidentiality of the producer’s pipeline at all times and without the need to maintain profiles of any kind. InsiderConnect aggregates and delivers opportunity specific content via a custom generated newsletter to each producer’s e-mail inbox. The information can then be easily shared with prospects and clients – a vital tool to help the producer build credibility and strengthen their relationships.

“Like most brokers, we are inundated with industry messages everyday and from every direction,” said Rick Lobo, vice president of commercial business for Riggs, Counselman, Michaels & Downes (RCM&D), a top 100 insurance broker in Baltimore, Maryland. “Staying on top of information that is valuable to our prospects and clients is essential to building and strengthening those relationships. With InsiderConnect, ProspX allows our producers to overcome email overload by filtering out what is irrelevant to the business we are working on and delivering only what is important to us, right when we need it. InsiderConnect removes the burden of having to register and maintain profile information with various industry news sources and business partners, which most producers do not do effectively.”

InsiderConnect also makes it possible for business partners such as insurance carriers and wholesalers to deliver their message early in the sales cycle helping to elevate their key differentiators and gain producer mindshare. Via ProspX’s platform, partners target their updates to the producers working on specific deals, eliminating spam and increasing the likelihood that their information will be presented to clients and prospects.

“Brokers already benefit from the ability to proactively search, find, and collaborate with thousands of carrier underwriters in the ProspX network,” said Todd Young, president and CEO of ProspX. “With InsiderConnect, carriers can be just as proactive delivering the right message, to the right market, at the right time.”

InsiderConnect is now generally available and included as part of the overall ProspX platform. Current customers, please contact accountmanagment@prospx.com to learn more. For additional information about ProspX solutions for the commercial insurance industry, please visit www.prospx.com.

About ProspX

ProspX, Inc. develops the industry leading solution for managing the complex, multi-party sales process of the $500 billion commercial insurance industry. The Software-as-a-Service (SaaS) platform combines enterprise search, sales collaboration, and business networking technology to automatically connect commercial insurance agents, brokers, and carriers at the initial point of a business opportunity, as well as throughout the sales cycle. The platform enables insurance brokerages to connect and collaborate internally within their organization and partner network as well as externally across the insurance carrier landscape. For more information, please visit us at www.prospx.com, follow us on Twitter at www.twitter.com/prospx and be a fan on Facebook at www.facebook.com/prospx.

ProspX is a trademark of ProspX, Inc. All other company and product names mentioned are used only for identification and may be trademarks or registered trademarks of their respective companies.

ProspX, Inc.Jill Ford, 512-419-9970
jill.ford@prospx.com

Source: ProspX, Inc.

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