TORONTO, ONTARIO–(Marketwire – Sept. 26, 2012) – Symbility Solutions Inc.® (TSX VENTURE:SY), provider of cloud-based claims technology using the most comprehensive data for the property and casualty insurance industry, announced today the finalization of an agreement with Farmers Alliance Companies, who has specialized in providing personal, commercial and farm insurance for rural America for more than a century.
“At the Farmers Alliance Companies we combine the best of rural American culture with advanced technology to provide excellent products and services to our policyholders and independent agents. We are thrilled to be a business partner with Symbility as they exhibit a caring and “can do” attitude just like our own team,” stated John Foster, Vice President of Claims, Farmers Alliance Companies. “We chose to move to Symbility from IntegriClaim because of Symbility’s superior user interface, the ease of integration with our existing systems and processes, and the accuracy of the estimates the system generated.”
“We appreciate the confidence that Farmers Alliance has in implementing our solution across their organization,” commented James Swayze, CEO, Symbility Solutions. “We look forward to working with them to further enhance the quality of service for their customers as they transform their claims estimating process.”
About Farmers Alliance Companies
The Farmers Alliance Companies provide property and casualty insurance through independent agents in an 8-state region. Additional information about the company can be found by contacting Farmers Alliance Companies, PO Box 1401, McPherson, KS 67460 or 800.362.1075, or on the website at www.fami.com.
About Symbility Solutions Inc.
Symbility Solutions (TSX VENTURE:SY) is a progressive software company dedicated to developing applications for the insurance industry. The organization currently has two product family brands: Symbility® and Adjudicare®.
The Symbility platform is a cutting-edge, easy-to-use, cloud-based claims processing and estimating technology that optimizes claims performance for Property & Casualty insurance industry. Relying on the most extensive and defendable property cost data developed by Marshall & Swift/Boeckh (“MSB”), our collaborative workflow management, mobile estimating, claims triage solutions and analytical services allow insurers to reduce costs while delivering a market-leading claims experience. Symbility Claims solutions, used in conjunction with MSB’s Underwriting Solutions, means property insurers now have a dynamic, market-driven enterprise solution. Providing a virtual feedback loop between claims and underwriting systems, this enterprise solution allows insurers to manage property risks more proactively and effectively.
Adjudicare is an advanced, practical web-based software solution used by a network of Employee Benefits Brokers and Third-Party Administrator partners across Canada in the adjudication of health and dental claims. Adjudicare’s rules-based engine and leading-edge features ensure that claims are precisely adjudicated and paid in real-time, giving our partners’ customers optimum flexibility, along with transparent disclosure on the benefit plan’s financial performance.
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