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SSQ General Insurance Signs Contract With Symbility(May 31, 2012)
TORONTO, ONTARIO -- (Marketwire) -- 05/31/12 -- Symbility Solutions Inc.??, a wholly-owned subsidiary of Automated Benefits Corp.?? (TSX VENTURE:AUT), provider of accurate and easy-to-use claims processing and estimating software for the property and casualty insurance industry, is pleased to announce that SSQ General Insurance Company Inc. (SSQauto), a subsidiary of SSQ Financial Group, a leading insurance company providing products and services to over a million customers across Canada, has signed a five-year agreement to integrate Symbility into its operations.
With the intent to deliver a market-leading claims experience to its policyholders, SSQauto will use Symbility Claims Connect??, to process all of its property insurance claims across its network of adjustors and building contractors. SSQauto will also implement Symbility Mobile Claims??, an easy-to-use estimating tool designed to improve efficiency, accuracy, and speed during the estimation process. Accessible from any personal computer, the application incorporates measurements, diagrams and pricing databases to create property and casualty claim estimates quickly, easily and in many cases, in just one site visit.
"We decided to select Symbility as our claims processing and estimating solution of choice because of the flexibility of the software and the dynamic billing model it offers our vendor partners. We also like that there are regular updates to the database, which give us instant access to the most accurate pricing on the market," commented Eric Theriault, Vice-President - Claims at SSQauto. "Symbility is an important player in the development of our recommended vendor network."
"In the province of Quebec, SSQauto is a major player in the general insurance market and is known as a leader in adopting leading-edge technology in order to provide innovative products and quality service to its policyholders," states James Swayze, CEO, Symbility Solutions. "We are proud to be expanding our user base and we look forward to a long and successful partnership with SSQauto."
About SSQ Financial Group
With nearly $3 billion in annual revenue and nearly $10 billion in assets under management, SSQ Financial Group is a leading mutual diversified financial institution.
The Group serves over 1 million customers and provides jobs to over 1,900 employees. SSQ, Life Insurance Company Inc., the Group's principal company, is recognized as a leader in the group insurance industry and as an expert in the investment and retirement sector. SSQ Financial Group is also a rising star in home and auto insurance under the SSQ General Insurance Company Inc. banner and has recently expanded into the individual insurance market thanks to its new subsidiary, SSQ Insurance Company Inc.
For more information, please visit ssq.ca.
About Automated Benefits Corp.
Automated Benefits Corp.?? (TSX VENTURE:AUT) is a progressive software company dedicated to developing applications for the insurance industry. The organization currently has two platforms: Symbility?? and Adjudicare??.
Symbility Solutions provides powerful, accurate and easy-to-use claims processing, estimating software solutions for Property & Casualty Insurers. Our collaborative workflow management, mobile estimating, claims triage solutions and analytical services allow insurers to reduce costs while delivering a market-leading claims experience.
Adjudicare is an advanced, practical 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.
All trade names are the property of their respective owners.
Media Contact: Symbility Solutions Inc.
Lucy De Oliveira
(416) 359-9339, ext. 1007
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