Symbility Forms Strategic Partnership With Wipro
01 June 2010 - 10:00PM
Marketwired
Symbility Solutions, a wholly owned subsidiary of Automated
Benefits Corporation (TSX VENTURE: AUT), is pleased to announce a
strategic partnership with Wipro Limited (NYSE: WIT), a global
provider of integrated business, technology and process solutions.
Symbility Solutions is a provider of innovative technology
solutions for the electronic communication and workflow
collaboration for property and casualty insurance claims.
Symbility's product suite ensures that all claims stakeholders
communicate and collaborate in the most efficient way possible.
Symbility's web-based product lines support multiple aspects of
property claims workflow management and estimation.
"Wipro has a successful track record of system integration
across industries including some of the leading property and
casualty insurers of North America," states Symbility's Executive
Vice President Richard Adair. "Partnering with a multibillion
dollar company like Wipro will allow Symbility to leverage their
existing relationships into greater business opportunities."
"This strategic partnership will leverage Symbility's product
capabilities and Wipro's domain and technical capabilities to
provide insurers of North America a competitive edge in adjusting
property claims," says Ajoy Menon, Global Insurance Head of Wipro
Technologies. "With a continued focus on the ever-changing needs of
their client base, Wipro and Symbility will be able to provide the
best of breed solutions to enable their customer reduce claims
cycle times, enhance customer service and improve customer
retention."
For more information on Symbility Solutions Inc., visit
www.symbilitysolutions.com.
About Wipro
Wipro Technologies, a division of Wipro Limited (NYSE: WIT) is
the first PCMM Level 5 and SEI CMM Level 5 certified global IT
services organization. Wipro Technologies was recently assessed at
Level 5 for CMMI V 1.2 across offshore and onsite development
centers. Wipro is one of the largest product engineering and
support service providers worldwide. Wipro provides comprehensive
research and development services, IT solutions and services,
including systems integration, information systems outsourcing,
package implementation, software application management and
datacenter managed services to corporations globally. For more
information, please visit www.wipro.com.
About Automated Benefits Corporation
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.
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.
Contacts: Automated Benefits Corp. James R. Swayze President and
Chief Executive Officer (416) 359-9339, ext. 1003
jswayze@automatedbenefits.com Symbility Solutions Inc. Richard
Adair Executive Vice President (416) 359-9339, ext. 1002
radair@symbility.net
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