TORONTO, ONTARIO -- (Marketwired) -- 05/23/13 -- Symbility Solutions Inc.® (TSX VENTURE: SY)(OTCQX: ATBEF), provider of cloud-based and smartphone/tablet-enabled claims technology using the most comprehensive data for the property and casualty insurance industry, is pleased to announce that it has signed an agreement with Sensopia, a software publisher focused on Reality Capture, to use its software development kit to accelerate and enhance the capabilities of Symbility Mobile Claims®.
Symbility Mobile Claims, the industry's most intuitive field estimating solution in enhancing adjuster and third-party productivity, will integrate MagicPlan, Sensopia's Reality Capture floor plan technology that will allow Mobile Claims users to capture floor plans in a two-dimensional format using a hand-held mobile device. Sensopia's MagicPlan application will enable adjusters to enter floor plan information in under 30 seconds per room without drawing or measuring.
"The relationship between Sensopia and Symbility is a game changer for the entire claims management process," commented Pierre Gaubil, CEO, Sensopia. "A floor plan is the DNA of a property and conveys unique information that can be critical to claims management. Sensopia's Reality Capture floor plan application offers a disruptive approach to creating floor plans without the need to measure or draw and, thanks to the integration with Symbility's resources, it will prove to be a cost-effective and time-efficient option."
"Symbility is committed to ensuring that our estimating tools are the most innovative in the market and that our users have the best functionality available and a seamless user experience," stated Richard Adair, President and COO, Symbility Solutions. "By integrating Sensopia's Reality Capture capabilities with our mobile claims estimating platform, we will radically transform the way claims are captured and offer our customers an even more streamlined solution. In the future, policyholders will have the ability to generate claim management data for smaller cases and send it directly to the insurance company - ultimately leading to significant savings in both time and money."
Sensopia Inc. is a Montreal / San Francisco based software publisher focused on Reality Capture. Reality Capture is the process of retrieving information about the surrounding environment onto a portable digital model. Sensopia is the developer of MagicPlan, a unique application that proposes a disruptive approach to making floor plans. MagicPlan can automatically measure, draw and publish a floor plan, just by taking pictures with an iOS device. MagicPlan is a true mass-market success with more than 4 million unique users. MagicPlan has also received several awards and has been selected by Apple as "App of the week" in 93 countries. Please visit www.sensopia.com for more information.
About Symbility Solutions Inc.
Symbility Solutions (TSX VENTURE: SY)(OTCQX: 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 cloud-based software solution used by a network of Employee Benefits Brokers, Third-Party Administrator partners, plan members and plan sponsors 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. Member and administrator portals, as well as Adjudicare's centralized database, are all available on the same cloud-based platform and can be accessed seamlessly anytime by any user. Adjudicare UnionPro is the only web-based Hour Banking product to provide unions a worry-free solution to track their members' hour banking, benefit plan eligibility, and contribution data.
All trade names are the property of their respective owners.
Lucy De Oliveira
Symbility Solutions Inc.
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