Symbility Solutions Announces Contract Renewal With UK Insurance Provider

TORONTO, ONTARIO — (March 7, 2017) Symbility Solutions Inc. (“Symbility” or the “Company”) (TSX.V: SY), a global software company focused on modernizing the insurance industry, is pleased to announce that they have re-signed one of the leading property and casualty insurers based in the United Kingdom to a multi-year contract. The client will continue to leverage Symbility’s Claims Connect® and Mobile Claims® applications within their business and wider supply chain. Symbility has been closely integrated into this insurers’ workflow process and systems, and has become an integral component of their claims value chain. Using Claims Connect, this organization has not only dramatically reduced time-to-resolution for claimers, but has also improved transparency throughout their internal operations and established a more efficient, more timely and more effective workflow process.

“This is yet another validation as to how Symbility’s technology provides an unparalleled claims experience for everybody involved, streaming the workflow process and providing complete transparency,” said James Swayze, CEO of Symbility Solutions. “This particular client has been with us for a number of years now and we are pleased that we have been able to integrate so thoroughly into their operations. Since we entered the UK market in 2008, we have achieved tremendous growth as one of the UK’s leading insurance solution providers because of our strong commitment to execution and client success.”

 

About Symbility

Symbility (TSX.V: SY) believes in creating world-class experiences that simplify business and improve lives. With a history in modernizing insurance claims solutions for the property and health industries, Symbility has established itself as a partner that puts security, efficiency and customer experience first. Symbility PROPERTY™ brings smarter thinking to property insurance. Symbility HEALTH™ helps benefits professionals build their brands and businesses. Our strategic services team, Symbility INTERSECT™ empowers a variety of businesses with smarter mobile and IoT product development strategy, design thinking and engineering excellence. With our three segments pushing industries forward, Symbility proves that change for the better is entirely possible.  symbilitysolutions.com

 

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FOR FURTHER INFORMATION, PLEASE CONTACT: 

James R. Swayze

Chief Executive Officer

(647) 775- 8603 

jswayze@symbilitysolutions.com

Blair R. Baxter

Chief Financial Officer

(647) 775-8608 

bbaxter@symbilitysolutions.com

 

Lucy De Oliveira
Global Marketing Director
(647) 775-8607 

ldeoliveira@symbilitysolutions.com

 

Babak Pedram

Investor Relations

(416) 644-5081

bpedram@virtusadvisory.com