TORONTO, April 25 – Automated Benefits Corp. (TSX Venture: AUT) is
pleased to announce that its wholly owned subsidiary, Automated Benefits Inc.
(“Autoben”) has entered into an arrangement with J&D Benefits Inc. of Markham,
Ontario, whereby they intend to offer medical and dental administration and
adjudication to their group insurance clients using the ABI software operated
by Autoben as of May, 2005.
“The adjudication capability of the Autoben system enables us to play a
more significant role in servicing our clients”, states Todd Rappitt,
President, J&D Benefits. “By expanding the number of procedures that we offer
in-house, we can ensure that our group medical and dental clients receive the
same level of efficiency in claims processing that they have come to expect
from J&D Benefits”.
“J&D Benefits endorsement of the Autoben system is a testament to the
constant upgrades we have been making over the past year,” states
James Swayze, Chief Executive Officer of Automated Benefits Corp.,
“Recognizing the level of professionalism with which they handle their
clients, Autoben will be working hard to ensure that our system meets their
expectations to assist with the growth of their self-insured portfolio.”
About J&D Benefits Inc.
Formed in 1986, J&D Benefits offers a full line of consulting and
administration services in the group benefits industry as well as group
retirement and individual insurance products. With head office in Markham, J&D
Benefits write $25 million of premium and work with over 200 group clients
across Canada.
About Automated Benefits Corp.
Automated Benefits Corp. is a software company dedicated to applications
for the insurance industry. The Corporation currently has two subsidiaries,
Autoben and Symbility.
Symbility has developed the Symbility mobile claims system, focusing
principally on residential and commercial property claims estimation for use
by insurance company adjusters and independent contractors. With offices in
Waterloo, Ontario and Montreal, Quebec, the Symbility mobile claims system has
begun pilot launches with Allstate Insurance Company of Canada, Economical
Insurance Group and Gore Mutual. Upon successful completion of its Canadian
pilots, Symbility intends to expand its sales efforts of the Symbility mobile
claims system in the United States and Europe.
Autoben is focused on the employee benefit segment of the life insurance
industry. Located in Edmonton, Alberta, Autoben provides claims management
software for health and dental plans in addition to insurance products for
employer groups. The proprietary software of Autoben, ABI, assists in reducing
the cost of employee benefits programs by allowing local adjudication and
administration to approximately 20,000 employees across Canada.
