Web insurance sales operations expanded rapidly at Health Benefits Direct Corp. during the second quarter.
Health Benefits Direct, Radnor, Pa., a new Web-based insurance broker, is reporting a $2.7 million net loss for the latest quarter on $5.1 million in revenue, compared with a $4.3 million net loss on $2.6 million in revenue for the second quarter of 2006.
The number of insurance products and related products that the company Web site is selling increased to 40 at the end of the second quarter, up from 28 at the end of the first quarter, Health Benefits Direct says.
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