A major UK Insurer has awarded a multi-year agreement to Symbility Solutions for integration of claims management software and mobile scoping tool into its organization through its European partner, The Innovation Group (TIG).
Scheduled to be charged on a transactional basis, the contract will bring annual revenues of C$1,500,000 to TIG, with Symbility sharing in the value under its reseller agreement, over the next seven years.
Innovation Group chief executive officer Andy Roberts said, ''This contract embeds Innovation Symbility as the dominant UK market solution and combined with the exciting developments that are being delivered in 2013 and the traction we have already established in our European markets creates an exciting position for our property footprint."
Symbility Solutions president and chief operating officer Richard Adair said the contract makes the company the dominant leader in property claims management solutions in the UK market.
The Symbility platform is an easy-to-use, cloud-based claims processing and estimating technology designed to optimize claims performance for the property and casualty insurance industry.
Headquartered in Toronto, Canada, Symbility Solutions is a provider of cloud-based and smartphone/tablet-enabled claims technology using comprehensive data for the global property and casualty insurance industry.