GRX Has Software Deal With Oil Insurers

NU Online News Service, March 5, 4:03 p.m. EST?GRX Technologies in Providence, R.I., said it has signed a deal to provide two insurers that service a large portion of the oil and chemical marketplace with software to store and manage risk-related data.

Terms of the arrangement were not made public. The carriers are Bermuda-based Oil Insurance Ltd. and Oil Casualty Insurance Ltd. According to GRX, the two mutual companies are owned by 90 of the world's largest energy and chemical firms.

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