AUSTIN, Texas – October 27, 2009 – ProspX, Inc., developer of the first on-demand enterprise sales collaboration and automation solution for the commercial insurance industry, today announced that Bolton & Company, one of the nation’s largest employee-owned insurance broker agencies, has selected ProspX to help boost sales productivity by enabling real-time collaboration and information sharing across its organization. Bolton will also participate in Assurex Global’s XpertConnect™ initiative, which uses the ProspX platform to connect a vast network of broker, agency, and carrier partners.
“ProspX gives us the ability to drive all of our sales opportunities through a quick and easy enterprise social networking engine, connecting us to the latest information, resources, coverage offerings, and pricing,” said Steven L. Brockmeyer, President and CEO of Bolton & Company. “We are now able to instantly leverage the strong relationships that exist within our organization and extended network of partners as we design cost-effective, comprehensive programs for our clients.”
As a $500 billion per year market, the complex, competitive commercial insurance industry provides services for hundreds of thousands of customers worldwide. To improve the flow of business, ProspX has developed a Software-as-a-Service (SaaS) solution that combines enterprise social networking, search, and CRM technology. The result is a comprehensive solution that automatically connects commercial insurance agents, brokers, and carriers at the initial point of opportunity, as well as throughout the sales cycle.
“We’re excited to put forward a critical solution for Bolton & Company that helps improve their sales productivity and their point of connection with clients,” said Todd Young, President and CEO of ProspX. “With the real-time sales automation that ProspX provides, our customers can move away from the informal, inefficient, and often ineffective communication methods that have existed in the commercial insurance industry for so long.”
For more information about the ProspX solution for the commercial insurance industry, visit www.prospx.com.
About Bolton & Company
Established in 1931, Bolton & Company is one of the nation’s largest employee-owned insurance broker agencies. Bolton provides clients worldwide with insurance and risk management services, employee benefits and financial products. Today they employ over 120 insurance professionals and place over $150 million in annual premiums on behalf of their clients. Learn more by visiting www.boltonco.com.
ProspX, Inc. develops the industry leading social business platform for managing the complex, multi-party sales process of the $500 billion commercial insurance industry. Built for the commercial insurance industry by insurance professionals, the ProspX platform gives brokers quick and easy access to the critical information and resources relevant to the new and renewal business they are working on, while allowing carriers the ability to elevate their message for increased visibility at the initial point of an opportunity. For more information, please visit us at www.prospx.com, follow us on Twitter at www.twitter.com/prospx and like us 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.