TORONTO, ONTARIO–(Marketwire – July 25, 2012) – Symbility Solutions Inc.®, a wholly-owned subsidiary of Automated Benefits Corp.® (TSX VENTURE:AUT), provider of cloud-based claims technology using the most comprehensive data for the property and casualty insurance industry, is pleased to announce it has signed a multi-year agreement with the Shelter Insurance® group of companies, a leader in the insurance industry, providing customers with exceptional insurance and financial products and services since 1946.
“We pride ourselves on our fast and fair claims service. Our promise to our policyholders is to always be there for them,” stated Tom Klenke, Home Office Claims Manager, Shelter Insurance®. “We chose to move to Symbility because it is a web-based application, offering us unparalleled flexibility and visibility. We can access and use the software from any computer with no hardware to install or software to maintain and our professional adjusters are able to provide quick and accurate on-site estimates using a very easy-to-use field estimating tool.”
“We are proud to be Shelter’s claims estimating platform of choice. This agreement validates the Symbility and Marshall & Swift/Boeckh (“MSB”) partnership by having Shelter maintain use of MSB’s Total Component Data and analytics together with Symbility’s intuitive software platform,” commented James Swayze, CEO, Symbility Solutions.
Symbility is the leading SaaS (Software as a Service) claims processing and estimating software solution that meets the needs of Shelter Insurance® to enable them to provide their valued policyholders a better claims experience. Symbility Claims Connect®’s collaborative, web-based workflow management solution gives Shelter Insurance® unparalleled control and visibility of claims throughout the claim lifecycle. With Symbility Mobile Claims®, Shelter will be able to enhance adjuster and third-party contractor productivity by using the most intuitive field estimating solution to quickly and accurately generate on-site estimates. With no hardware to install or software to maintain, users are running the latest version of the platform versus outmoded software requiring installation by disk.
About Shelter Insurance
Shelter Insurance® is a group of companies with two direct personal lines property and casualty companies, a reinsurance company, a life and annuity insurer, and a thrift bank. Shelter offers auto, home, life, farm, and business insurance services to customers in 17 states via a network of 3,100 local insurance agents and claims representatives. The firm’s Home Office is at Columbia, Mo. For more information, visit our website at: www.ShelterInsurance.com.
About Automated Benefits Corp.
Automated Benefits Corp.® (TSX VENTURE:AUT) a progressive software company dedicated to developing applications for the insurance industry. The organization currently has two platforms: Symbility® and Adjudicare®.
Symbility Solutions is a cutting-edge, easy-to-use, cloud-based claims processing and estimating technology that optimizes claims performance for Property & Casualty insurance industry. Relying on the most extensive and defendable property cost data developed by Marshall & Swift/Boeckh (“MSB”), our collaborative workflow management, mobile estimating, claims triage solutions and analytical services allow insurers to reduce costs while delivering a market-leading claims experience. Symbility Claims Solutions, used in conjunction with MSB’s Underwriting Solutions, means property insurers now have a dynamic, market-driven enterprise solution. Providing a virtual feedback loop between claims and underwriting systems, this enterprise solution allows insurers to manage property risks more proactively and effectively.
Adjudicare is an advanced, practical web-based software solution used by a network of Employee Benefits Brokers and Third-Party Administrator partners across Canada in the adjudication of health and dental claims. Adjudicare’s rules-based engine and leading-edge features ensure that claims are precisely adjudicated and paid in real-time, giving our partners’ customers optimum flexibility, along with transparent disclosure on the benefit plan’s financial performance.
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