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Symbility Solutions, Inc. ATBEF

"Symbility Solutions Inc develops and markets Software-as-a-Service technology designed to improve effectiveness and reduce costs of administration of claims in both the employee benefits and property and casualty insurance markets."


OTCPK:ATBEF - Post by User

Bullboard Posts
Post by frankzwhiteon Feb 03, 2014 9:14am
132 Views
Post# 22165099

Contract Renewal

Contract Renewal

TORONTO, ONTARIO--(Marketwired - Feb. 3, 2014) - 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, following an RFP and competitive review, SGI CANADA, a property and casualty insurance provider servicing Alberta, Saskatchewan, Manitoba, Ontario, Prince Edward Island, New Brunswick and Nova Scotia, has renewed a multi-year contract to integrate Symbility's cloud-based claims settlement technology into its operations.

"Symbility Solutions offers an excellent workflow management platform and estimating application that is perfectly adaptable to SGI CANADA's requirements," said Andrew Cartmell, CEO, SGI CANADA. "We are impressed by the level of responsiveness and product support we received from Symbility in advance of the product deployment. We believe that Symbility's products will help us streamline our operations and provide better service for our customers."

"We are pleased that our cloud technology has been adopted by SGI CANADA to simplify their claims workflow processes," commented James Swayze, CEO, Symbility Solutions. "This contract reinforces Symbility's presence in the Canadian property and casualty insurance market and allows us to service a new business segment in Canada."

The multi-year contract will see SGI CANADA implement Symbility's Claims Connect®, an innovative and easy-to-use 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, and Symbility Mobile Claims®, the industry's most intuitive smartphone and tablet-enabled field estimating solution in enhancing adjuster and third-party contractor productivity.

About SGI CANADA

SGI CANADA is a dynamic and innovative company selling property and casualty insurance in seven provinces. It operates as SGI CANADA in Saskatchewan; SGI CANADA Insurance Services Limited in Alberta and Manitoba; Coachman Insurance Company in Ontario; and the Insurance Company of Prince Edward Island in New Brunswick, Nova Scotia and Prince Edward Island. They sell their products exclusively through independent insurance brokers in all jurisdictions. Visit SGI CANADA at www.sgicanada.ca.

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


Read more at https://www.stockhouse.com/news/press-releases/2014/02/03/symbility-signs-contract-with-sgi-canada#dU65qfLJ15Z33oYT.99
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