SOURCE: Symbility Solutions Inc.

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April 28, 2016 08:00 ET

Symbility Health Signs Contract With Group Benefits Unlimited

TORONTO, ON--(Marketwired - April 28, 2016) -  Symbility Health Inc., a division of Symbility Solutions Inc., (TSX VENTURE: SY), a global software company focused on modernizing the insurance industry, is pleased to announce that Group Benefits Unlimited, a national Canadian Third Party Administrator and benefit consultancy organization, has signed a multi-year contract to implement Symbility Health's cloud-based claims adjudication technology into its Ontario-based operations.

"Symbility Health meets our high standards of service, flexibility and innovative technology," commented Lydia K. Dvern, President, Group Benefits Unlimited. "Symbility Health's claims platform, combined with our exceptional customer service and expertise in the group benefit market, simplifies the process associated with providing progressive benefit planning which reduces our costs and gives us a strategic edge in today's highly competitive business environment."

"Symbility Health is pleased to include a TPA such as Group Benefits Unlimited among its growing customer base," states Shannon McShane-Reed, President, Symbility Health. "We look forward to working together for a long time and helping them achieve their objective of providing the most cost-effective and comprehensive benefit plans available to their customers."

By implementing Symbility Health's Adjudicare®, a cloud-based software solution designed to simplify the health benefits claims submission and settlement process, Group Benefits Unlimited will be able to ensure that claims are precisely adjudicated and paid in real time, giving their customers optimum flexibility, along with transparent view on the benefit plan's financial performance. Group Benefits Unlimited will also use Symbility Health Claims Connect® to improve the exchange of data with their insurance carrier partners. 

ABOUT GROUP BENEFITS UNLIMITED

Founded in 1994, Group Benefits Unlimited, a privately owned national Third Party Administrator, and benefit consultancy, has focused on delivering benefit value via high definition technology, industry expertise and very real human interaction.

Group Benefits Unlimited is a benefit provider offering claims management and plan administrative services to corporations and plan sponsors in Canada. The company designs and administers benefit plans and consults on the many pressing issues facing plan sponsors today. An Unlimited commitment to service, support, and technical advancement is unmatched in the industry today. For more information please visit www.groupbenefitsunlimited.com or www.gbu.ca

ABOUT SYMBILITY HEALTH

Symbility HEALTH™ helps make the health benefits experience better by supporting providers and payers with smart, mobile and cloud-based health claims technology that allows benefits professionals to build their brands and their businesses. Let us help you - Get Better Fast. symbilityhealth.com

ABOUT SYMBILITY

Symbility (TSX VENTURE: SY) believes in creating world-class experiences that simplify business and improve lives. With a history in modernizing insurance claims solutions for the property and health industries, Symbility has established itself as a partner that puts security, efficiency and customer experience first. Symbility PROPERTY™ brings smarter thinking to property insurance. Symbility HEALTH™ helps benefits professionals build their brands and businesses. Our strategic services team, Symbility INTERSECT™ empowers a variety of businesses with smarter mobile and IoT product development strategy, design thinking and engineering excellence. With our three segments pushing industries forward, Symbility proves that change for the better is entirely possible. symbilitysolutions.com

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