TORONTO, Sept. 13, 2017 /CNW/ - Insurance carriers
are quickly organizing to help policyholders that have been
affected by Hurricanes Harvey and Irma and this means that they
need the most up-to-date property information available. Symbility
Solutions Inc. ("Symbility") (TSX.V: SY), working with
CoreLogic® (NYSE: CLGX), a leading global property
information, analytics and data-enabled solutions
provider, work together to provide property information
directly to insurers through Symbility's claims management cloud
platform.
Property insurance field adjusters can directly access the
latest residential and commercial property data from the RCT
Express® and Commercial Express® Structural
Risk and Valuation platforms by CoreLogic, that have been
automatically added into the claim file within Symbility Mobile
Claims®. This vital data allows carriers and
adjusters in the field to initiate the claim even before adjusters
get on site.
"Under regular circumstances, the data from these underwriting
reports is important when trying to resolve a property claim. Time
is of the essence in emergency situations, like Texas and Florida, and immediate access to property data
is crucial to our clients," says James
Swayze, CEO of Symbility Solutions. "Through our unique
relationship with CoreLogic, our clients have the advantage to help
their policyholders begin their claims process before adjusters can
get their boots on the ground in affected areas."
As the effects of the storms develop, CoreLogic will continue
monitoring impacts to reconstruction costs and reflect cost
increases in the Symbility data base.
In addition to providing this unique set of data, Symbility has
undertaken a number of other actions to ensure that clients are
fully supported. The company has extended support hours and online,
on-demand training for users on how to get the most from Symbility
software.
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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SOURCE Symbility Solutions Inc.