Press release from Marketwire
Symbility Signs Contract With Pekin Insurance
Monday, November 04, 2013
Symbility Signs Contract With Pekin Insurance08:00 EST Monday, November 04, 2013
TORONTO, ONTARIO--(Marketwired - Nov. 4, 2013) - Symbility Solutions Inc.® (TSX VENTURE:SY)(OTCQX:ATBEF), provider of cloud-based and smartphone/tablet-enabled claims technology using the most comprehensive data for the property and casualty insurance industry, is proud to announce that Pekin Insurance, a multi-line insurance carrier concentrated in the mid-western United States, has signed a multi-year contract to integrate Symbility's claims processing and estimating technology into its operations.
"In order to improve the way Pekin Insurance processes and settles claims, it was essential that we choose a solution that was easy to learn and didn't require a complex deployment process," said Richard Olsen, Corporate Claim Manager at Pekin Insurance. "Symbility's product suite meets all of our needs, especially from a usability perspective, and we are confident that this intuitive mobile technology will help us achieve significant operational efficiencies and ensure that our clients experience greater speed and convenience when it comes to claims settlement."
"The implementation of Symbility's products takes a fraction of the time it normally takes to set up conventional, non-cloud-based software solutions and we are very pleased that Pekin Insurance chose to adopt our technology to modernize their claims processing system," said James Swayze, CEO, Symbility Solutions. "We are excited to welcome Pekin Insurance to the Symbility cloud and look forward to working with their teams as they begin implementing our products."
Pekin's Home Insurance division will implement Symbility's Claims Connect ®, an innovative and robust property and casualty claims workflow management software that will reduce claims cycle time and increase accuracy in all aspects of the claims handling process, as well as Symbility's Mobile Claims ®, the industry's most intuitive smartphone and tablet-enabled field estimating solution in enhancing adjuster and third-party contractor productivity.
About Pekin Insurance
Pekin Insurance is a multi-line carrier which writes a variety of insurance products in thirteen states. Offering a comprehensive product portfolio which includes personal lines, commercial lines, as well as life & health insurance products Pekin Insurance prides itself in the breadth of products marketed through an independent agency force of over 7,500 agents. For more information please visit www.pekininsurance.com or follow Pekin Insurance on Facebook at www.facebook.com/pekininsurance.
About Symbility Solutions Inc.
Symbility Solutions® (TSX VENTURE:SY)(OTCQX:ATBEF) 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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FOR FURTHER INFORMATION PLEASE CONTACT:
Symbility Solutions Inc.
Lucy De Oliveira
Symbility Solutions Inc.
President & COO