Automated Benefits Corp. Achieves Positive Operating Cashflow
TORONTO, ONTARIO–(Marketwire – April 29, 2011) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) today reported revenue increased by 28% to approximately $5.85 million for the fiscal year ending December 31, 2010. This compares to revenues of approximately $4.59 million in FY 2009, which represents an increase of approximately $1.26 million. The net loss for... [Read More]
Symbility Solutions Identified as Emerging Tech Vendor by Independent Research Firm
TORONTO, ONTARIO–(Marketwire – April 5, 2011) – Symbility Solutions, Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce its mention in Forrester Research, Inc.’s most recent report, “Industry Essential: The US Insurance Market, 2011″ released March 24, 2011. This publication highlights the opportunities present in the US Insurance Market. It... [Read More]
Symbility Signs Contract With La Capitale General Insurance
TORONTO, ONTARIO–(Marketwire – March 30, 2011) – Symbility Solutions, Inc., a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), announces the finalization of an agreement with La Capitale General Insurance, a leading home and auto insurance company in Quebec. La Capitale General Insurance is experiencing significant growth and therefore ranks among the five largest... [Read More]
Symbility Signs Contract with TRADEPRO
TORONTO, ONTARIO–(Marketwire – Feb. 11, 2011) – Symbility Solutions, Inc., a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), announces the finalization of an agreement with the TRADEPRO Network, a wholly owned subsidiary of the TRADEPRO Group LLC, a specialty trades service provider network for property damage restoration and repairs servicing property & casualty... [Read More]
Innovation Group Signs New Deal for the Symbility Claims Scoping and Management Tool for Property Claims
TORONTO, ONTARIO–(Marketwire – Jan. 24, 2011) – Symbility Solutions Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce an extension to its strategic partnership with Innovation Group (LSE:TIG.L) for the distribution of Symbility’s market leading property estimation software. The Innovation Group recently announced that RSA Insurance Group plc (RSA) has... [Read More]
RSA Expands Use of Desktop Claims Software to Automate Handling of Property Claims
TORONTO, ONTARIO–(Marketwire – Jan. 20, 2011) – Symbility Solutions Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is pleased to announce that RSA Insurance Group plc (RSA) has expanded its use of Innovation Group’s Innovation Symbility desk top triage system (Triage) in a move which increases automated claims handling across its UK property... [Read More]
Automated Benefits Corp. Announces Net Profit for Three Month Period Ending September 30, 2010
TORONTO, ONTARIO–(Marketwire – Nov. 29, 2010) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) today reported revenue increased by 53% to approximately $1,705,000 for the three months ending September 30, 2010 compared to revenues of approximately $1,113,000 for the third quarter of 2009. The Corporation reported its first ever quarterly net profit which, for the... [Read More]
Symbility Signs Farmers Insurance
TORONTO, ONTARIO–(Marketwire – Nov. 18, 2010) – Symbility Solutions, Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce the finalization of a multi-year deal with the Farmers Insurance Exchange based in Los Angeles, California. The Farmers Insurance Exchange is part of the Farmers Insurance Group of Companies®, founded in 1928.... [Read More]
Symbility Solutions Named Tech Company to Watch by Independent Research Firm
TORONTO, ONTARIO–(Marketwire – October 20, 2010) – Symbility Solutions, Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce its inclusion in the Forrester Research, Inc., report “Hot Insurance Tech Companies to Watch in 2010: Q2 Update,” highlighting innovative technology companies within the insurance industry. Identified as an emerging business technology... [Read More]
Automated Benefits Corp. Announces Issuance of Shares to Directors
TORONTO, ONTARIO–(Marketwire – Sept. 21, 2010) – Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT) announces that, subject to approval of the TSX Venture Exchange, it intends to satisfy its obligation to pay independent director fees for the period January 1, 2010 to June 30, 2010 by issuing shares. The Corporation intends to issue 156,632 Common... [Read More]