AUSTIN, TX – January 25, 2012 – ProspX, Inc., developer of the first on-demand sales collaboration and business intelligence solution for the commercial insurance industry, today announced that Beazley plc, a leading specialist insurer, will participate in the use of the ProspX platform. The solution will help streamline communication and enhance Beazley's visibility with top brokers in the ProspX network.
Beazley will utilize ProspX InsiderConnect™, the first electronic marketing platform that delivers targeted insurance industry, line-of-business, and carrier specific news and key intelligence to brokers via a custom e-newsletter. The platform will enable Beazley to deliver custom content that matches up to specific deals in a broker's new and renewal sales pipeline, helping to elevate its key differentiators and gain broker mindshare.
"As a specialty carrier, we are constantly looking for new ways to educate our brokers and improve access to our underwriters," said Dan Jones, director of broker relations at Beazley. "ProspX allows us to target brokers that are actively working on opportunities matched to our products and provides our underwriters with insights into our brokers' areas of focus, helping us streamline our communications strategy and strengthen those relationships."
"We provide a unique and valuable opportunity for carriers to arm their brokers with key interests and differentiators at the initial point of an opportunity," said Todd Young, president and CEO of ProspX. "We are pleased that Beazley has chosen our platform as a means of reaching its brokers in an easy and efficient way and we're excited to be adding a leading specialty insurer to our growing list of carrier partners."
ProspX streamlines communication between insurance agents, brokers, and carriers for the ultimate benefit of the client. The ProspX collaboration platform facilitates the real-time sharing and exchanging of critical information and intelligence as it relates to specific classes of risk, types of exposure, and clients. ProspX InsiderConnect, is the first electronic marketing solution that delivers targeted insurance industry news and carrier updates to agents, account executive, CSRs and marketing executives who are actively working on related new and renewal business opportunities. For more information on ProspX solutions for the commercial insurance industry, please visit www.prospx.com
About Beazley plc
Beazley plc (BEZ.L) is the parent company of specialist insurance businesses with operations in Europe, the US, Asia and Australia. Beazley manages five Lloyd's syndicates and, in 2010, underwrote gross premiums of $1,741.6 million. All Lloyd's Syndicates are rated A (Excellent) by A.M. Best and also benefit from the Lloyd's chain of security. Beazley's underwriters in the United States focus on writing a range of specialist insurance products. In the admitted market, coverage is provided by Beazley Insurance Company, Inc., an A.M. Best A rated carrier licensed in all 50 states. In the surplus lines market, coverage is provided by the Beazley syndicates at Lloyd's. Beazley USA Services, Inc. is licensed and regulated by insurance regulatory authorities in the respective states of the US and transacts business in the State of California as Beazley Insurance Services (License#: 0G55497). Beazley is a market leaders in many of our chosen lines, which include professional indemnity, property, marine, reinsurance, accident and life, and political risks and contingency business. For more information, please visit www.beazley.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.