WATERLOO, ONTARIO–(CCNMatthews – Feb. 21, 2006) –
Farmers Mutual of Nebraska selects Symbility Solutions as mobile, on-site claims software provider
Symbility Solutions Inc. (www.symbilitysolutions.com), a wholly owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT) is pleased to announce that it has signed a 5 year contract with Farmers Mutual of Nebraska to provide the company with its industry leading mobile claims processing software replacing a competing software vendor.
Farmers Mutual of Nebraska joins the growing list of companies, in the United States, using Symbility and is the first major U.S. insurance company to deploy Symbility’s software for its claims processing solution. Farmers Mutual of Nebraska is now rolling out Symbility’s software platform companywide for use by all of its claims adjusters in the field.
“We believe Symbility’s software will be a very useful tool to help increase our adjusters’ efficiency and enhance our ability to continue providing excellent customer service. Our adjusters are able to produce comprehensive, detailed estimates on site and avoid duplication of entry when scoping losses. The flexibility and accuracy of the software is impressive and our adjusters find it user-friendly. We have found the people at Symbility good to work with and willing to provide what works best for our needs” states John Fenton, vice president of claims for Farmers Mutual of Nebraska.
“I am very pleased to welcome Farmers Mutual of Nebraska to our growing customer list and we are excited about the opportunity to bring our mobile claims estimating solutions into the mid-west United States insurance market,” states James Swayze, chief executive officer of Symbility. “Farmers Mutual of Nebraska demonstrates they are a progressive company by embracing our wireless, pen-based application and their policyholders have witnessed the benefits of on-site settlement through the pilot process. We are confident that many more of our U.S. pilot programs will also conclude successfully following Farmers Mutual of Nebraska’s leadership just as we saw in the Canadian market with Allstate, Economical and Gore Mutual.”
Available for tablet and pocket PCs with integrated Bluetooth®, Wi-Fi and GPRS/1X wireless technology, the Symbility Solutions system allows adjusters and contractors to write estimates and process claims on-site with greater accuracy and to settle claims more quickly. Symbility’s solution is a software service model that is web-based and unlike most enterprise level software, it is not licensed, not copy-protected and has no restrictions on where claims adjusters can install it and use it. Users pay a per claim fee for using the software.
About Farmers Mutual of Nebraska
Founded in 1891, Farmers Mutual of Nebraska is one of the 100 largest mutual insurance companies in America. Providing insurance services in Nebraska and South Dakota, Farmers Mutual is the leading Nebraska-based insurer of homes, farms and automobiles in the state and a major participant in the South Dakota insurance market.
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 26,000 employees across Canada.
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This release is available on the KCSA Public Relations Worldwide Web site at www.kcsa.com
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Automated Benefits Corp. will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by Automated Benefits Corp..
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