Friday, June 15, 2007

Clear Technology Signs Norwich Union

Denver, Colorado-based Clear Technology, a provider of software for the insurance industry, said this morning that Norwich Union, the UK's largest insurer, has selected the firm as as strategic supplier. Clear will help Norwich Union manage its third party claims. Details on the size of the win were not announced. Clear Technology is a provider of business process management software, and is venture backed by Cornerstone Ventures, Sycamore Ventures, and Grayhawk Venture Partners.