Symbility Solutions Inc.

Symbility Solutions Inc.

October 29, 2012 08:00 ET

First Choice Repair Signs Contract With Symbility

TORONTO, ONTARIO--(Marketwire - Oct. 29, 2012) - Symbility Solutions Inc.® (TSX VENTURE:SY), provider of cloud-based claims technology using the most comprehensive data for the property and casualty insurance industry, is pleased to announce that First Choice Repair, a national third party administrator, offering a Managed Repair Program through a network of credentialed contractors, has signed a multi-year agreement to integrate Symbility into its operations to be used for mutual clients.

First Choice Repair will integrate Symbility Claims Connect®, a property and casualty claims workflow management solution, enabling their contractors a more streamlined end-to-end collaboration process across the entire claims environment, reducing time-to-resolution for their valued customers. First Choice Repair will also use Symbility Mobile Claims®, the industry's most intuitive field estimating solution in enhancing adjuster and third-party contractor productivity. Mobile Claims will allow First Choice Repair contractors to capture claims information in virtually any form, to quickly and accurately generate on-site estimates.

Deborah Cox, VP Business Development, First Choice Repair comments, "We are very excited about entering into this relationship with Symbility Solutions and how our companies will work together to provide excellent customer service to our mutual insurance carrier clients. We have found the team at Symbility is very easy to work with, and they have been very open to our input for potential product enhancements."

"We are proud that First Choice Repair, a national contracting network with a reputation for focusing on quality, chose to adopt our mobile claims estimating platform," states Jeff Brinkman, Vice President of Sales, Symbility Solutions. "We are very committed to supporting contractor networks and restoration companies and look forward to a long relationship with them to further enhance the quality of service for our mutual customers"

About First Choice Repair

First Choice Repair, based in Jacksonville Florida, is a third party administrator offering a Managed Repair Program that provides a network of national, regional, and local credentialed contractors to assist the policyholders of property insurance carriers with restoration (Roofing, Mitigation, Flooring, Tarping, Board Up, Debris Removal and General Contracting) after damage from a claim. The First Choice Repair solution offers homeowners a certified and capable contractor, which provides quality and expedient restoration services, an extended warranty on work performed, and ensures customer satisfaction providing a turn-key management solution to carriers.

About Symbility Solutions Inc.

Symbility Solutions (TSX VENTURE:SY) is a progressive software company dedicated to developing applications for the insurance industry. The organization currently has two product family brands: Symbility® and Adjudicare®.

The Symbility platform is a cutting-edge, easy-to-use, cloud-based claims processing and estimating technology that optimizes claims performance for the Property & Casualty insurance industry. Relying on the most extensive and defendable property cost data developed by Marshall & Swift/Boeckh ("MSB"), our collaborative workflow management, mobile estimating, claims triage solutions and analytical services allow insurers to reduce costs while delivering a market-leading claims experience. Symbility Claims solutions, used in conjunction with MSB's Underwriting Solutions, means property insurers now have a dynamic, market-driven enterprise solution. Providing a virtual feedback loop between claims and underwriting systems, this enterprise solution allows insurers to manage property risks more proactively and effectively.

Adjudicare is an advanced, practical web-based software solution used by a network of Employee Benefits Brokers and Third-Party Administrator partners across Canada in the adjudication of health and dental claims. Adjudicare's rules-based engine and leading-edge features ensure that claims are precisely adjudicated and paid in real-time, giving our partners' customers optimum flexibility, along with transparent disclosure on the benefit plan's financial performance.

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