Tuesday, November 10, 2009

Prospx Signs Arkansas Firm

Austin-based Prospx, a developer of software-as-a-service tools for the commercial insurance industry, said today that it has signed Arkansas-based Stephens Insurance LLC, a division of Stephens Inc. Financial details of the win was not disclosed by Prospx. Prospx said that Stephens Insurance will use the firm to improve its sales management and to "wire together" its sales expertise. Prospx is backed by Adams Capital Management.