ProspX Claims Growth, Adoption

Austin-based ProspX, which develops software-as-a-service for the commercial insurance industry, is bragging today that more than 80 percent of the world's top 200 brokers and independent agencies are using its software, along with 30 major commercial carriers. The firm said it saw "rapid technology adoption" in Q3. The company did not disclose any financial details or impact of that adoption on its business, or any other quantitative information about what that adoption might mean for the company's business. ProspX is headed by Todd young.