Symbility Solutions' Partner Innovation Group Plc. Signs Major Contract With a
Leading UK Insurer Lloyds Banking Group
Symbility Adopted by All the Top Insurers in the UK
TORONTO, ONTARIO -- (Marketwired) -- 10/22/13 -- Symbility Solutions
Inc.(R) (TSX VENTURE:SY)(OTCQX:ATBEF), provider of cloud-based and
smartphone/tablet-enabled claims technology for the property and
casualty insurance industry, is pleased to announce that Lloyds
Banking Group ('LBG'), one of the largest domestic property insurers
in the United Kingdom, has signed a contract to integrate Symbility's
claims and mobile scoping tool into its organization through
Symbility's European partner, The Innovation Group plc. (LSE:TIG.L).
Under the terms of the contract, the Group will provide LBG and all
of the organizations that make up LBG's buildings claims supply chain
with access to its Innovation Symbility software. LBG and its supply
chain partners will use the software to estimate process and complete
LBG's domestic property insurance claims.
Andy Roberts, Group CEO, Innovation Group commented: "This contract
win cements Innovation Symbility as the UK's market leading solution.
I am delighted that LBG have chosen our product as a key enabler for
their business and we very much look forward to working with them to
achieve their strategic objectives. Our delivery of a SaaS solution
on this scale clearly demonstrates our ability to provide leading
edge application solutions to the market's largest carriers."
"The fact that Lloyds Banking Group, one of the key players in the
property insurance industry in the UK, has joined our valued client
base proves that Symbility's cloud-based technology is paving the way
in simplifying and streamlining how property claims are estimated and
settled," stated Richard Adair, President and Chief Operating
Officer, Symbility Solutions Inc. "Symbility is now the leading
claims estimation software provider to the property industry in the
UK and Europe which validates the market's confidence in our products
About Symbility Solutions Inc.
Symbility Solutions(R) (TSX VENTURE:SY)(OTCQX:ATBEF) is a global
provider of cloud-based and smartphone/tablet-enabled claims
technology for the property and health insurance industries. Designed
to be flexible and easy-to-use, Symbility Solutions' two product
suites, Symbility Property(TM) and Symbility Health(TM), empower
insurers to collaborate across the entire claims processing workflow
and reduce costs while delivering a market-leading claims experience.
For more information, please visit www.symbilitysolutions.com or
follow Symbility on Twitter at @symbility and on LinkedIn at
All trade names are the property of their respective owners.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Media Contact: Symbility Solutions Inc.
Lucy De Oliveira
Symbility Solutions Inc.
President & COO
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