Symbility Solutions Inc.
TSX VENTURE : SY

Symbility Solutions Inc.

July 09, 2014 08:00 ET

Fortune 500 Insurance Carrier Renews Five Year Contract With Symbility

TORONTO, ONTARIO--(Marketwired - July 9, 2014) - Symbility Solutions Inc.® (TSX VENTURE:SY), provider of cloud-based and smartphone/tablet-enabled claims technology using the most comprehensive data for the property and casualty insurance industry, announced today that an existing Fortune 500 insurance carrier customer has extended their contract to continue to use Symbility's claims settlement technology for another five and a half years through the end of 2019.

"Symbility Solutions is honored that a longstanding client is garnering the benefits of our technology and has once again decided to put their confidence in our products and services," stated James Swayze, CEO, Symbility Solutions. "We hope to continue to help bolster their existing business practices both in the US and Canada and expand into their international operations to deliver consistency across their global footprint."

Symbility is the leading cloud-based claims processing and estimating software solution that meets the needs of insurance carriers by enabling them to provide their valued policyholders a better claims experience. Symbility Claims Connect®, a collaborative, web-based workflow management solution, gives users unparalleled control and visibility of claims throughout the claim lifecycle. Symbility Mobile Claims® enhances adjuster and third-party contractor productivity by offering the most intuitive field estimating solution to quickly and accurately generate on-site estimates.

About Symbility Solutions Inc.

Symbility Solutions® (TSX VENTURE:SY) is a global provider of cloud-based and smartphone/tablet-enabled claims technology for the property and health insurance industries. Designed to be flexible and easy-to-use, Symbility Solutions' two product suites, Symbility Property™ and Symbility Health™, empower insurers to collaborate across the entire claims processing workflow and reduce costs while delivering a market-leading claims experience. For more information please visit www.symbilitysolutions.com or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.

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