Press release from Marketwire
Symbility Solutions Identified as Emerging Tech Vendor by Independent Research Firm
Tuesday, April 05, 2011
Symbility Solutions Identified as Emerging Tech Vendor by Independent Research Firm09:01 EDT Tuesday, April 05, 2011TORONTO, 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 provides an overview of the tech vendors in light of the ever-transforming insurance technology landscape and how the environment is reacting to a new economic reality.Identified as an example of an emerging business technology vendor for property and casualty insurers, Symbility's claims management product suite is mentioned as a source for insurers to shift their resources from information technology to business technology. With the US Insurance Market industry reorienting strategies and launching new multisided business models, technology houses have the opportunity to customize their services to these needs."Symbility's software solutions are designed to shorten the claims cycle, integrate existing claims technology solutions and simplify the process for insurers without engaging in the creation of a somewhat costly IT environment", states Symbility Solutions CEO James Swayze.For more information on Symbility Solutions Inc., please visit www.symbilitysolutions.com.About Automated Benefits Corp. and Symbility Solutions Inc.Automated Benefits Corp., headquartered in Toronto, Canada, is a software company dedicated to developing applications for the insurance industry in North America and Europe. The Corporation currently has two platforms: Symbility and Adjudicare.Symbility automates property insurance claims through its three complementary software components which afford users the mobility, speed and control needed to efficiently and quickly move onto the next claim. Symbility Claims Connect is the collaborative workflow management tool that gives every claim participant real-time access to the claims they are working on. Symbility Inside Adjuster is an integrated application designed to streamline the first notice of loss process which leads to faster settlement of claims. Symbility Mobile Claims software is an estimating tool that increases speed, efficiency and accuracy by allowing on-site claims processing.Adjudicare is a software solution used by local insurance brokers and third party administrators across Canada in the adjudication of health and dental claims. Adjudicare's software pays claims in real time giving clients optimum flexibility along with transparent disclosure on the benefit plan's financial performance.FOR FURTHER INFORMATION PLEASE CONTACT: James R. SwayzeAutomated Benefits Corp.President and Chief Executive Officer(416) 359-9339, ext. firstname.lastname@example.orgORAndrew deGrootSymbility Solutions Inc.Vice President, Sales and Marketing(416) 359-9339, ext. email@example.comNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.