Symbility Solutions Inc.® (TSX VENTURE:SY), supplier of cloud-based claims technology using the foremost comprehensive information for the property and casualty insurance business, is pleased to announce that United Property and Casualty Insurance Company (UPC), a completely-owned subsidiary United Insurance Holdings Corp. (OTCBB: UIHC) has signed a multi-year agreement to implement Symbility into its operations.
Foundation of United Property and Casualty Insurance Company
Founded in 1999, United Property and Casualty Insurance Company, provides property and casualty insurance merchandise and services in Florida, South Carolina, Massachusetts and Rhode Island. UPC is dedicated to delivering its policyholders with superior product and unparalleled service. As a recognized leader in manufacturing responsive, stable and innovative insurance merchandise, UPC Insurance’s commitment to their shoppers created a need for a proven and cutting-edge software solution to assist manage the workflow of its property and casualty claims.
“We tend to are desirous to use Symbility to reinforce our skills to raised handle and manage claims,” states John Langowski, Vice President of Claims, United Property and Casualty Insurance Company. “Symbility will offer us the tools we tend to want to scale back the amount of your time it takes to resolve claims and to produce real-time assessment on how claims are handled by our field partners. Its adaptability with different applications also enables us to use alternative tools and resources that can further our goals in being the claims operation that our customers and agents want. We tend to look ahead to the advantages and the relationship that this venture brings to UPC.”
Symbility Claims Connect®’s collaborative web-based workflow management solution can offer UPC Insurance unparalleled management and visibility of claims throughout the claim lifecycle. With no hardware to put in or software to maintain, UPC Insurance can be up and running with no delay and continue to produce their valued policyholders a higher claims experience. With Symbility Mobile Claims®, UPC Insurance can be able to boost adjuster and third-party contractor productivity by using the foremost intuitive field estimating answer to quickly and accurately generate on-site estimates.
“We have a tendency to are honored to possess been chosen as UPC Insurance’s claims estimating platform of choice,” commented James Swayze, CEO, Symbility Solutions. “We tend to wait for a long relationship with them to any enhance the standard of service for their customers as they transform their claims estimating method.”
About United Property and Casualty Insurance Company
Founded in 1999, United Property and Casualty Insurance Company, a subsidiary of United Insurance Holdings Corp., writes and services property and casualty insurance in Florida, South Carolina, Massachusetts and Rhode Island. From its headquarters in St. Petersburg, United’s team of dedicated employees manages a fully integrated insurance company, as well as sales, underwriting, customer service and claims. The Company distributes its homeowners, dwelling fireplace and flood merchandise through many agency teams and conducts business through our wholly-owned subsidiaries. Householders insurance constitutes the majority of United’s premiums and policies.
About Symbility Solutions Inc.
Symbility Solutions (TSX VENTURE:SY) could be a progressive software company dedicated to developing applications for the insurance trade. The organization currently has two product family brands: Symbility® and Adjudicare®.
The Symbility platform is a cutting-edge, simple-to-use, cloud-based mostly claims processing and estimating technology that optimizes claims performance for the Property & Casualty insurance business. Relying on the most intensive and defendable property value knowledge developed by Marshall & Swift/Boeckh (“MSB”), our collaborative workflow management, mobile estimating, claims triage solutions and analytical services allow insurers to cut back prices while delivering a market-leading claims experience. Symbility Claims solutions, used in conjunction with MSB’s Underwriting Solutions, means that property insurers now have a dynamic, market-driven enterprise solution. Providing a virtual feedback loop between claims and underwriting systems, this enterprise resolution permits insurers to manage property risks additional proactively and effectively.
Adjudicare is a complicated, practical net-based software solution utilized by a network of Employee Advantages Brokers and Third-Party Administrator partners across Canada in the adjudication of health and dental claims. Adjudicare’s rules-based engine and leading-edge options ensure that claims are precisely adjudicated and paid in real-time, giving our partners’ customers optimum flexibility, together with clear disclosure on the benefit plan’s money performance.
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