TORONTO, ONTARIO–(Marketwire – March 23, 2009) – Symbility Solutions Inc., a wholly-owned subsidiary of Automated Benefits Corp. (the “Corporation”) (TSX VENTURE:AUT), is pleased to announce the formalization of a one year contract with Farmers Mutual United Insurance Company (“Farmers Mutual”) of Wahoo, Nebraska.
Established in 1878, Farmers Mutual focuses exclusively on serving property owners in the state of Nebraska. Strongly committed to increasing both its revenue and its customer base, Farmers Mutual now averages over $3.3 million dollars in premiums per year.
About Automated Benefits Corp.
Automated Benefits Corp., headquartered in Toronto, Ontario, is a software company dedicated to developing applications for the insurance industry. The corporation currently has two subsidiaries, Automated Benefits Inc. and Symbility Solutions Inc.
Symbility Solutions Inc. is in the business of automating insurance claims. Its award-winning mobile claims solutions are designed to increase the speed and accuracy of damage claims processing by allowing claims adjusters, carriers, and restoration contractors to process claims on-site, resulting in increased customer satisfaction levels. Handwritten notes and post-inspection data entry are eliminated. Complete mobility provides the means to access key information on location and instantly settle claims up to three times faster and with greater accuracy, thereby reducing adjusting expenses and lowering indemnity.
Automated Benefits Inc. provides the Adjudicare software solution for the adjudication of health and dental claims. This software adjudicates claims in real time, providing clients with the highest level of flexibility available along with complete disclosure on the plan’s financial performance. Automated Benefits Inc. enables their clients to provide an additional level of value-added service in a very cost effective manner. The Adjudicare software supports the adjudication of health and dental claims through local insurance brokers across Canada.
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