Property Insurance Industry Embraces New Mobile Claims Solution
Waterloo, Ontario – Nov. 14, 2005 — Demonstrating the rapid acceptance of its mobile claims processing solution by the property insurance industry, Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), announced that it has signed the 1000th user to its Symbility.NET software platform for mobile claims processing.
Available for any mobile-enabled, pen-based handheld platform, the Symbility Solutions system allows adjusters and contractors to write and process claims on-site with greater accuracy and to settle claims more quickly. Some of the key customers using the new system are Canadian-based insurance carriers Economical Insurance Group, Allstate Insurance Company of Canada and Gore Mutual Insurance Company. Other users who have actively put claims through the Symbility Solutions system include independent contracting companies such as Disaster Kleenup and ServiceMaster.
“The Symbility platform is a new, unique offering that has been quickly adopted and deployed by the three major insurers in Canada and two of the major insurance claims contractors,” said James Swayze, chief executive officer, Automated Benefits Corp. “In an established industry like property insurance, to hit the 1,000th user milestone this quickly is a tremendous testament to the value we generate for our clients.”
About Automated Benefits Corp. and Symbility Solutions
Automated Benefits Corp. (www.autoben.com), headquartered in Toronto, Ontario, is a software company dedicated to developing applications for the insurance industry. The corporation currently has two subsidiaries, Autoben and Symbility.
Symbility Solutions (www.symbilitysolutions.com) has developed a mobile claims system focusing principally on residential and commercial property claims estimation for use by insurance company adjusters and independent contractors. Symbility has offices in Waterloo, Ontario and Montreal, Quebec. 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 over 23,000 employees across Canada.