TORONTO, ONTARIO–(Marketwire – October 20, 2010) – Symbility Solutions, Inc., a wholly-owned subsidiary of Automated Benefits Corp. (TSX VENTURE:AUT), is proud to announce its inclusion in the Forrester Research, Inc., report “Hot Insurance Tech Companies to Watch in 2010: Q2 Update,” highlighting innovative technology companies within the insurance industry.
Identified as an emerging business technology for property and casualty insurers, the three components of Symbility’s product suite are named as part of an integrated solution for property claims insurers. With fewer than six percent of all homeowners making claims each year, an insured’s satisfaction level may only be attributed to a single claim experience. Symbility’s software solutions are designed to shorten the claims cycle, integrate existing claims technology solutions and simplify the process for insurers by taking insureds from first notice of loss (FNOL) to settlement.
“Validation of our software platform by a research firm the stature of Forrester is a major accomplishment for our team,” states Symbility Solutions CEO James Swayze. “Considering the Forrester following within the insurance industry leadership, this kind of endorsement is very beneficial to our business development efforts.”
For more information on Symbility Solutions Inc., please visit www.symbilitysolutions.com.
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 automates property insurance claims through its complementary components. 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 for the faster settlement of claims. Its award-winning Symbility Mobile Claims software is an estimating tool that increases speed, efficiency and accuracy by allowing on-site claims processing. Symbility software solutions give users the mobility, speed and control needed to effectively and quickly move onto the next claim.
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.