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Farmers Insurance Deploys Symbility Company-Wide


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Published in Business and Finance on by Market Wire   Print publication without navigation


January 19, 2012 10:00 ET

Farmers Insurance Deploys Symbility Company-Wide

TORONTO, ONTARIO--(Marketwire - Jan. 19, 2012) - Symbility Solutions Inc.®, a wholly-owned subsidiary of Automated Benefits Corp.® (TSX VENTURE:AUT), is proud to announce that Farmers Insurance Exchange ("Farmers"), has announced that they will be implementing Symbility's claims processing and estimating solutions in their property division. "The Symbility platform allows us to serve our policyholders faster and better," states Jim Daues, Senior Vice President, Farmers Insurance Exchange.

"Farmers is known in the insurance market as leaders in adopting emerging technology to provide innovative products and quality service to its policyholders. "We look forward to working with Farmers and helping to shape the changing face of claims management in North America," states James Swayze, CEO, Symbility Solutions.

About Farmers Insurance

The insurers comprising Farmers Insurance Group of Companies constitute the third largest insurer of both personal lines passenger [ automobile ] and [ homeowners insurance ], and also provide a wide range of other insurance and financial services products. Farmers Insurance is proud to serve more than 10 million households with more than 20 million individual policies across all 50 states through the efforts of over 50,000 exclusive and independent agents and nearly 24,000 employees.

Farmers is a trade name and may refer to Farmers Group, Inc. or the Farmers Exchanges, as the case may be. Farmers Group, Inc., a management and holding company, along with its subsidiaries, is wholly owned by the Zurich Financial Services Group. The Farmers Exchanges are three reciprocal insurers (Farmers Insurance Exchange, Fire Insurance Exchange and Truck Insurance Exchange), including their subsidiaries and affiliates, owned by their policyholders, and managed by Farmers Group, Inc. and its subsidiaries.

For more information about Farmers, visit its Web site at [ www.farmers.com ] or at [ www.Facebook.com/FarmersInsurance ].

About Automated Benefits Corp.

[ Automated Benefits Corp.® ] is a software company dedicated to developing applications for the insurance industry in North America and Europe. The organization currently has two platforms: Symbility Solutions® and Adjudicare®.

[ Symbility Solutions ] provides powerful, accurate and easy-to-use claims processing and estimating software solutions for Property & Casualty Insurers. Our collaborative workflow management, mobile estimating and claims triage solutions 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.




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