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September 26, 2007 at 12:29 PM
Health Benefits Direct Corp. has agreed to acquire Atiam Technologies L.L.P. for $3 million in cash and stock.
Health Benefits Direct sells health insurance and other products through the Web and through other channels.
Atiam, Eddystone, Pa., is a privately held company that sells the InsPro system, a Web-based administration system aimed at insurers in the life, health, disability and long term care insurance markets.
The system can help insurers with marketing insurance, processing claims and paying commissions, Health Benefits Direct says.
