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TORONTO, ON–(Marketwired – June 16, 2016) – Symbility Health Inc., a division of Symbility Solutions Inc., (TSX VENTURE: SY), a global software company focused on modernizing the insurance industry, is pleased to announce that Sirius Benefit Plans (Sirius), a national industry-leading Third Party Administrator and Third Party Payer, signed a multiyear renewal to continue, and augment the use of Symbility Health’s cloud-based claims adjudication technology.
By extending the partnership to use Symbility Health’s Adjudicare®, a cloud-based software solution designed to simplify the health benefits claims submission and settlement process, Sirius ensures that claims are precisely adjudicated and paid in real time, giving their customers optimum flexibility, along with a transparent view on the benefit plan’s financial performance. Sirius’ clients will also benefit from using online claim submission through Symbility Health’s Mobile Claims® application, which will empower Sirius to significantly reduce manual intervention and any errors in mobile and online claims processing.
“From our inception, Sirius has been committed to providing high-quality service and our goal is to ensure that we are able to deliver comprehensive benefits coverage to our valued clients. Symbility Health’s flexibility and innovative adjudication platform has helped us to achieve this objective,” commented Ed Melna, CEO, Sirius Benefit Plans. “in today’s highly competitive group benefits business environment, Symbility Health’s claims platform, combined with our exceptional customer service and expertise in the market, helps us to contain costs and gives us the necessary strategic-edge to stay ahead.”
“Symbility Health is honored that one of our largest and longstanding customers has once again decided to put their confidence in our products and services by committing to a multiyear renewal,” stated Shannon McShane-Reed, President, Symbility Health. “We will continue to work together to achieve Sirius’ objective of providing the most cost-effective and comprehensive benefit plans available to their customers.”
ABOUT SIRIUS BENEFIT PLANS
Established in 1996, Sirius Benefit Plans is a national industry-leading Third Party Administrator (TPA) and Third Party Payer (TPP), providing comprehensive employee benefit programs of small and medium-sized companies located across Canada and currently administer over $40 million in annual premium.
Sirius Benefit Plans offers two distinct options for group benefits coverage. The Totally Sirius program, a 100 percent pooled program, designed specifically for groups with less than 10 employees. For groups with 10 or more employees, Sirius has designed a Total Solutions program, which is individually rated and customized to suit any groups unique needs. For more information, please visit www.siriusbenefits.ca
ABOUT SYMBILITY
Symbility (TSX VENTURE: SY) believes in creating world-class experiences that simplify business and improve lives. With a history in modernizing insurance claims solutions for the property and health industries, Symbility has established itself as a partner that puts security, efficiency and customer experience first. Symbility PROPERTY�„� brings smarter thinking to property insurance. Symbility HEALTH�„� helps benefits professionals build their brands and businesses. Our strategic services team, Symbility INTERSECT�„� empowers a variety of businesses with smarter mobile and IoT product development strategy, design thinking and engineering excellence. With our three segments pushing industries forward, Symbility proves that change for the better is entirely possible. symbilitysolutions.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
All trade names are the property of their respective owners.
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MEDIA CONTACTS
James R. Swayze
Chief Executive Officer
(647) 775- 8603
[email protected]
Blair R. Baxter
Chief Financial Officer
(647) 775-8608
[email protected]
Lucy De Oliveira
Global Marketing Director
(647) 775-8607
[email protected]
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Thu, 16 Jun 2016 12:00:00 GMT
