Symbility Solutions Inc.

Symbility Solutions Inc.

June 10, 2013 08:00 ET

Symbility Signs Agreement With Leading US Floor Covering Supplier

TORONTO, ONTARIO--(Marketwired - June 10, 2013) - Symbility Solutions Inc.® (TSX VENTURE:SY) (OTCQX:ATBEF), 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 that it has signed a multi-year agreement with a major US-based floor covering company (name withheld in conformance with their corporate policy) to integrate Symbility's claims processing and estimating technology into its operations.

The multi-year agreement includes the use of Symbility's Claims Connect®, an innovative and robust property and casualty claims workflow management software that will streamline the claims estimating process by reducing cycle time and increasing accuracy in all aspects of the claims handling process and, the use of Symbility Mobile Claims®, the industry's most intuitive smartphone and tablet-enabled field estimating solution in enhancing adjuster and third-party contractor productivity.

Some of the reasons given for the selection of Symbility include:

  • The ease of data integration between their stores, located throughout the United States, the Home Office, and insurance clients.

  • The visibility of the estimating data available to the Home Office.

  • The ability to electronically order material analysis reports to populate various portions of the Symbility claims file, and re-price the flooring replacement estimate automatically.

"We are pleased to add another major product vendor servicing the insurance industry to the growing list of companies using Symbility's cloud-powered solutions," said James Swayze, CEO, Symbility Solutions. "With our innovative mobile technology, our customers have the ability to expand the scope and effectiveness of their claims handling processes and optimize the speed and efficiency of successful claims settlements."

About Symbility Solutions Inc.

Symbility Solutions® (TSX VENTURE:SY) (OTCQX:ATBEF) 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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