Symbility Solutions Inc.

Symbility Solutions Inc.

May 08, 2014 08:00 ET

Symbility Announces Contract With Fifth German Insurance Carrier

TORONTO, ONTARIO--(Marketwired - May 8, 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, is pleased to announce a new contract with a top tier German insurance carrier and three supply chain companies to integrate Symbility's claims management software and mobile scoping tool into its organization.

This contract solidifies Symbility's growing penetration in the German insurance industry with five insurance carriers and the first three members of the supply chain currently using Symbility's cloud-based estimating platform. As part of the contract, the Insurer and the supply chain companies will implement Symbility's Claims Connect®, an innovative and robust property and casualty claims workflow management software, and Symbility's Mobile Claims®, the industry's most intuitive smartphone and tablet-enabled field estimating solution in enhancing adjuster and third-party contractor productivity.

"Symbility Solutions is excited to enter the supply chain network with the addition of the first three supply chain companies and our fifth insurance carrier in Germany," said James Swayze, CEO, Symbility Solutions. "This agreement marks the importance of transforming manual claims processing operations to a cloud-based system and Symbility Solutions is proud to be paving the way in this area across the German property and casualty insurance industry."

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 or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.

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