TORONTO, Nov. 16, 2017 /CNW/ - Symbility Solutions (TSX.V:
SY) ("Symbility"), a global software company focused on modernizing the insurance industry, is pleased to announce that they have
been selected as the technology partner to power claims management by Vault, a company created to serve the unique needs of
the high-net-worth market. The multi-year deal will help Vault fulfil their brand promise of protecting the things that are most
important to policyholders and their lifestyles – no matter what, when, or where that may be.
Symbility's claims management cloud platform will help to keep everyone involved in the claims process, up-to-date and on the
same page, from adjusters to third-party contractors and, of course, Vault's policyholders themselves. Symbility's technology
offerings ensure every touch feels personalized from first notice of loss to the resolution of a claim.
"As the market shifts and companies, like Vault, look to provide a greater experience for their policyholders, the
technologies that they use will play a significant role," said James Swayze, Symbility Solution's
CEO. "Symbility has invested years into making sure that the suite of products creates an experience that help our clients move
faster, smarter, and more efficiently. We're excited that Vault has recognized this and we're looking forward to helping them
surpass their customer expectations when processing a property claim."
"Vault's philsophy is to provide a simple, positive, personalized experience for our customers. Symbility's solutions suite
will help us to do just that. Symbility's software along with our drive for innovation and technology will allow us to deliver
fast, seamless service – built around the needs of our clients—keeping them at the center of everything we do," commented
Pete Piotrowski, Chief Claims Officer for Vault.
ABOUT VAULT INSURANCE
Founded in 2017, Vault is a modern insurance concept built from the outside in based on input from leading agents and brought
to life by an empowered group of extraordinary professionals. The company is a unique combination of a policyholder-owned
reciprocal insurance exchange and a highly-rated E&S company focused on serving the unique, fast-changing needs of the
affluent. Vault is majority-owned and supported by Allied World, a global leader in insurance and reinsurance. Allied World
provides significant capital and operational support to Vault. Full details of Vault's product offerings and financial rating are
available at vault.insurance. Vault: thoughtful,
dynamic, simple - built around you.
ABOUT SYMBILITY
Symbility (TSX.V: 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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SOURCE Symbility Solutions Inc.
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