SOURCE: Symbility Solutions Inc.

Symbility Solutions Inc.

March 31, 2016 08:00 ET

Global Insurance Company Switches to Symbility

TORONTO, ON--(Marketwired - March 31, 2016) - Symbility Solutions Inc. (TSX VENTURE: SY), a global software company focused on modernizing the insurance industry, is pleased to announce that the US division of a major global insurance organization, has selected Symbility's claims technology to integrate into its homeowner and commercial property lines.

"Having one of the world's top 20 insurance companies, with operations in 43 countries, select Symbility's claims technology, underscores that property insurance leaders are seeking a cloud-first, customer-driven approach to claims settlement to gain a competitive edge," stated James Swayze, CEO, Symbility Solutions. "We are pleased that they have decided to put their confidence in our products and services in the US market and look forward to exploring how we can also support their global operations."

This carrier has begun implementing Symbility's complete cloud-based claims settlement platform, including Symbility's Claims Connect®, a property and casualty claims workflow management solution that will streamline the claims estimating process by reducing cycle time and increasing accuracy in all aspects of the claims handling process; Symbility Business Intelligence, a module within Claims Connect, which offers users access to a wide range of interactive and customizable dashboards, report templates, comparative analyses against industry performance, as well as tools enabling detailed mining and export of claims data. Adjusters and third-party contractors will use Symbility Mobile Claims®, the industry's most intuitive mobile-enabled field estimating solution and additionally, this carrier will leverage Symbility's Video Connect application, which enables adjusters a direct way to engage the policyholders to visually perform a complete, accurate and secure remote inspection of the damaged property using the camera on the policyholder's mobile device.

About Symbility Solutions Inc.

Symbility (TSX VENTURE: SY) is a global provider of cloud-based and mobile-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. Symbility's mobile innovation division focuses on the design and development of leading technologies in the areas of mobile, the Internet of Things (IoT), Machine-to-Machine (M2M), and wearables. Symbility Solutions is proudly ISO/IEC 27001:2013 certified and ISO/IEC 27034 compliant. For more information, please visit www.symbilitysolutions.com

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About this company Symbility Solutions Inc.
From this industry Computers and Software
Financial Services
Medical and Healthcare
Professional Services
From this sub-industry Software
Insurance
Health Insurance
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