TORONTO, ONTARIO–(June 23, 2014) Symbility Solutions Inc.® (TSX.V: SY), provider of cloud-based and smartphone/tablet-enabled claims technology using the most comprehensive data for the property and casualty insurance industry, in conjunction with its European partner The Innovation Group plc. (LSE: TIG.L), is pleased to announce a new contract with Prism Network, a leading provider of disaster recovery and building repair services to the insurance and property sectors throughout the United Kingdom.
The multiyear contract will see Prism Network deploy Symbility Claims Connect®, a collaborative and easy-to-use property and casualty claims workflow management solution and, Symbility Mobile Claims®, the most intuitive smartphone and tablet-enabled field estimating application currently available within the property and casualty market.
“We’re delighted to make Symbility a key part of our proposition,” commented Mark Orton, Managing Director, Prism Network. “Essentially our clients want quicker, more cost-effective and better quality disaster recovery, restoration management and building repairs. Symbility provides a single view of each claim, giving us greatly improved connectivity with customers, suppliers and policyholders. We look forward to a long and fruitful partnership with the Innovation Symbility team.”
“Symbility Solutions is honoured to be the cloud-based platform of choice for Prism Network as we continue to expand our services throughout the UK insurance market,” said James Swayze, CEO, Symbility Solutions. “We are confident that Prism Network’s staff will experience unprecedented efficiency and productivity gains as a result of adopting our easy-to-use, flexible technology.”
About The Innovation Group plc:
Innovation Group (LSE: TIG) is a global provider of insurance software solutions and business process services. With revenues of £204.4m (US$332m) in 2013, it employs over 2,800 people across North America, Europe, Asia Pacific and South Africa and works with 15 of the top 20 global insurance markets, 16 of the top 20 global insurance companies and 3 of the world’s top 5 fleet and lease management companies.www.innovation-group.com
About Prism Network
Prism Network provides a national disaster recovery and building repair service to the insurance and property sectors.
Serving both the commercial and domestic areas, we work closely with Insurers, Insurance Brokers, Loss Adjusters together with Facilities Managers, Property Managers and Property Management companies, helping to provide a rapid, professional and efficient customer service offering to their client base. http://www.prismnetwork.co.uk/
About Symbility Solutions Inc.
Symbility Solutions® (TSX.V: SY) 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.
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