ProspX Gives Cragin & Pike the Edge in Selling More Business Insurance
Insurance Agency to Leverage On-Demand Enterprise Social Networking Platform to Streamline Communication and Boost Revenue
AUSTIN, Texas – February 9, 2010 – ProspX, Inc., developer of the only on-demand enterprise search and sales collaboration solution for the commercial insurance industry, today announced that Cragin & Pike Insurance, Nevada’s longest-established insurance company, has selected the ProspX platform to simplify communication and collaboration on sales opportunities, drive best practices, accelerate the sales cycle, and increase revenue.
“ProspX understands the complexities of today’s commercial insurance market and has developed a powerful, integrated platform for sales and marketing teams,” said Tom Burns, vice president of Cragin & Pike. “With ProspX, we now not only have the ability to effectively manage the sales process, but also to promote communication and collaboration early in the sales process, shortening the sales cycle and facilitating higher hit rates for our business.”
As a $500 billion per year market, the competitive, complex 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 search and social networking technology. The result is a comprehensive solution that automatically connects commercial insurance agents, brokers, marketers, and carriers at the initial point of opportunity, as well as throughout the sales cycle.
“ProspX makes it easy for agents, brokers, and carriers to collaborate in the context of how they really work and based on their expertise and specific role in the distribution process,” said Todd Young, president and CEO of ProspX. “We are excited that Cragin & Pike has chosen the ProspX platform as a means to help its sales and marketing team tap into the collective intelligence of the organization, ultimately driving more and better sales conversations.”
Cragin & Pike is a member of Assurex Global, a global partnership of independent brokers. They will participate in Assurex Global’s XpertConnect™ initiative, which uses the ProspX platform to connect members across its vast network of broker, agency, and carrier partners.
For more information on ProspX solutions for the commercial insurance industry, please visit www.prospx.com.
About Cragin & Pike Insurance
Cragin & Pike was established in Las Vegas, Nevada in 1909, just four years after the City of Las Vegas was established. They are Nevada’s longest-established insurance agency. Cragin & Pike provides insurance protection to businesses and individuals in a wide range of industries. For more information about Cragin & Pike, please visit www.cragin-pike.com.
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:
Jill Ford
jill.ford@prospx.com
(512) 657-8915
