Press Releases

Cobbs, Allen & Hall Chooses ProspX Platform for Sales Collaboration and Automation

Agency to Leverage Business Networking, Search, and Simple CRM Functionality to Boost Sales Productivity and Customer Value

AUSTIN, Texas – April 21, 2009 – ProspX, Inc., the leader in on-demand sales collaboration and automation solutions for the commercial insurance industry, today announced that Cobbs, Allen & Hall, one of the largest brokers in the United States, has selected ProspX’s on demand solution for enhanced collaboration and knowledge sharing within and across its organizational boundaries. In addition to deploying the solution internally, Cobbs, Allen & Hall will leverage Assurex Global’s XpertConnect initiative, which uses the ProspX platform to connect its vast network of broker, agency, and carrier partners.

“Our goal is to continue to drive customer value and differentiate our organization,” said Grantland Rice, President of Cobbs, Allen & Hall. “We chose the ProspX platform because it makes it easy to find and connect with the resources and expertise relevant to a business opportunity and enables us to begin creating a culture of teamwork and collaboration in which sales people proactively work together cross-selling, sharing information, relationships, and expertise to assist with deals. The result is a sales team that performs with higher levels of productivity and effectiveness for the ultimate benefit of our clients."

As a $500 billion per year market, the commercial insurance industry provides services for hundreds of thousands of customers worldwide. To improve the flow of business for these customers, ProspX has developed an on-demand, collaborative enterprise search application designed to automatically connect commercial insurance agents, brokers, and carriers at the initial point of opportunity.

“We are extremely pleased to add Cobbs, Allen & Hall to our growing list of customers that recognize the value that sales collaboration and automation can bring to their business,” said Todd Young, President and CEO of ProspX. “By leveraging key web 2.0 technology, ProspX easily and effectively connects users to critical information, experts, and each other yielding more wins, shorter sales cycles, and increased client retention.”

For more information on ProspX solutions for the commercial insurance industry, visit www.prospx.com.

About Cobbs, Allen & Hall

Based in Birmingham, Alabama with 6 offices across the Southeast, Cobbs, Allen & Hall Inc. is one of the largest providers of Risk Management and Financial Services in the Southeast. With over 120 years of experience, Cobbs Allen & Hall specializes in the reduction of Total Cost of Risk. In addition to tailored risk management and employee benefits programs, Cobbs Allen & Hall offers innovative resources to clients, such as human resource consulting, customized loss control & safety programs, and health management consulting.

About ProspX, Inc.

Built for the commercial insurance industry by insurance professionals, ProspX, Inc., headquartered in Austin, Texas, develops on-demand sales collaboration and automation solutions that improve productivity and streamline communications between agencies, brokers, and carriers. Combining the best of enterprise social networking, search, and CRM technology, ProspX gives brokers quick and easy access to the critical internal resources available for new and renewal business, while allowing carriers the ability to elevate their message for increased visibility at the initial point of opportunity. For more information please visit www.prospx.com and follow ProspX on www.twitter.com/prospx.

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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.

Media Contact:

Heidi Johnson
For ProspX
heidi.johnson@virtualprdirector.com
(512) 493-0909