Top 10 US Homeowner Insurance Carrier Signs Contract With Symbility

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Top 10 US Homeowner Insurance Carrier Signs Contract With Symbility

TORONTO, ON--(Marketwired - February 16, 2016) - Symbility Solutions Inc. ("Corporation") (TSX VENTURE: SY), a global software company dedicated to developing applications for the insurance industry, is pleased to announce today that a Top 10 US homeowner insurance carrier customer has extended their contract to continue and augment the use of Symbility's claims settlement technology.

"Symbility is honored that a longstanding customer is garnering the benefits of our technology and has once again decided to put their confidence in our products and services by committing to a multi-year renewal," stated James Swayze, CEO, Symbility Solutions. "We expect to continue to help bolster their existing business practices as they expand the usage of the platform to their network of restoration contractors and independent adjusters to service their valued policyholders for a better claims experience."

Along with the continued use of Symbility Claims Connect®, a collaborative, cloud-based workflow management solution that gives users unparalleled control and visibility of claims throughout the claim lifecycle and Symbility Mobile Claims®, a mobile application that enhances adjuster and third-party contractor productivity by offering the most intuitive field estimating solution to quickly and accurately generate on-site estimates, this carrier has also added Symbility Business Intelligence module to its list of Symbility product it uses.

Symbility Business Intelligence offers users access to a wide range of interactive and customizable dashboards, report templates, comparative analyses against industry performance, as well as tools enabling detailed mining and export of claims data. With Symbility Business Intelligence, users can visualize, report on, and analyze their business' performance more efficiently and effectively than ever before.

About Symbility Solutions® Inc.

Symbility Solutions (TSX VENTURE: SY) is a global provider of cloud-based and mobile-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. Symbility's mobile innovation division, BNOTIONS, focuses on the design and development of leading technologies in the areas of mobile, the Internet of Things (IoT), Machine-to-Machine (M2M), and wearables. For more information, please visit www.symbilitysolutions.com or follow Symbility on Twitter at @symbility and on LinkedIn at symbility-solutions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

All trade names are the property of their respective owners.

Media Contacts:

James R. Swayze
Chief Executive Officer
Symbility Solutions Inc.
(647) 775-8600, ext. 8601
[email protected] 

Lucy De Oliveira 
Global Marketing Director 
Symbility Solutions Inc. 
(647) 775-8607 
[email protected]

Investor Contact:

Blair R. Baxter 
Chief Financial Officer 
Symbility Solutions Inc. 
(647) 775-8608 
[email protected]

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