TORONTO, ONTARIO--(Marketwired - Apr 3, 2013) - Symbility Solutions Inc.® (TSX VENTURE:SY)(ATBEF), provider of cloud-based claims technology using the most comprehensive data for the property and casualty insurance industry, is pleased to announce that Dakota Claims Service Inc., a South Dakota-based independent claims adjusting company, has signed a multi-year agreement to integrate Symbility into its operations.
As part of the agreement, Dakota Claims Service will implement Symbility's Claims Connect®, an innovative property and casualty claims workflow management software that will streamline the claims estimating process by reducing cycle time and increasing accuracy in all aspects of the claims handling process. Dakota Claims Service will also use Symbility Mobile Claims®, the industry's most intuitive smartphone and tablet-enabled field estimating solution in enhancing adjuster and third-party contractor productivity. Mobile Claims will provide Dakota Claims Service adjusters with quick and accurate claims capturing capabilities, resulting in faster and more efficient claims settlement.
"Dakota Claims Service is excited to have partnered with Symbility in implementing their advanced suite of mobile claims solutions," said Eric J. Larson, Owner/Manager. "Our organization continues to work hard to provide the most timely and accurate claims handling for our customers and we feel the Symbility platform enhances those efforts."
"We are pleased to welcome Dakota Claims Service to our growing list of independent adjusting companies," commented James Swayze, CEO, Symbility Solutions. "We look forward to a long and successful relationship with Dakota Claims and are proud that they have selected Symbility's cloud-based technology."
About Dakota Claims Services Inc.
Dakota Claims Service - providing independent claims services with nine locally owned and operated offices staffed by twenty adjusters, averaging twenty years experience. We serve all of South Dakota as well as parts of North Dakota, Minnesota, Iowa, Nebraska, Wyoming, and Montana. Dakota Claims Service has provided over forty years of continuous service to the insurance industry in the Midwest, as well as storm crews regionally.
About Symbility Solutions Inc.
Symbility Solutions (TSX VENTURE:SY)(ATBEF) is a global software company dedicated to developing applications for the insurance industry. The organization currently has two product family brands: Symbility® and Adjudicare®.
The Symbility platform is a leading-edge, easy-to-use, cloud-based claims processing and estimating technology that optimizes claims performance for the Property & Casualty insurance industry. Relying on the most extensive and defendable property cost data developed by Marshall & Swift/Boeckh ("MSB"), our collaborative workflow management, mobile estimating, claims triage solutions and analytical services allow insurers to reduce costs while delivering a market-leading claims experience. Symbility Claims solutions, used in conjunction with MSB's Underwriting Solutions, means property insurers now have a dynamic, market-driven enterprise solution. Providing a virtual feedback loop between claims and underwriting systems, this enterprise solution allows insurers to manage property risks more proactively and effectively. Symbility Mobile Claims is now available as a free Android™, iPad® and iPhone® application.
Adjudicare is an advanced, practical web-based 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.
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