Wednesday, January 25, 2006

Insureworx Gets $6M Line Of Credit

InsureWorx, a company that develops software for the insurance industry, has received a line of credit from Israeli venture lending firm Plenus. According to an Israeli-based Globes, Plenus has extended a $6M credit line to Plenus, the paper reported. InsureWorx acquired Taliant, a Denver-based software firm, in January of 2005. InsureWorx provides software that helps insurers manage worker's compensation, billing, underwriting, and more.