TORONTO, ONTARIO — (Marketwire) — 05/16/12 — Symbility Solutions Inc.®, a wholly-owned subsidiary of Automated Benefits Corp.® (TSX VENTURE: AUT), provider of accurate and easy-to-use and for the property and casualty insurance industry, today announced an extension of its strategic partnership with Wipro Limited (NYSE: WIT).
“Wipro is a trusted business solution provider with global clients including 4 of the top 10 global insurers,” states Symbility-s President and COO, Richard Adair. “We are looking forward to leveraging Wipro-s existing relationships and their strength in the Asian market as we continue our global expansion.”
“Global insurers see an increasing need to expand in core and emerging markets, create innovative products and services for changing consumer demographics, optimize costs while meeting stringent regulatory norms. With our strategic partnership we will further leverage Symbility-s product capabilities and continue to offer insurance carriers a dynamic and intuitive adjusting property claims solution,” says Nagendra Bandaru, Global Insurance Head of Wipro Technologies. “With Symbility-s leading intuitive claims processing, loss estimating solutions and process analytics technologies, we have a partner that can continue to enable us to focus on the ever-changing needs of our client base.”
About Wipro Limited (NYSE: WIT)
Wipro provides comprehensive IT solutions and services, including systems integration, Information Systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. Wipro also has a strong presence in niche market segments of Infrastructure Engineering and Consumer Products & Lighting. For more information, please visit our websites at .
About Automated Benefits Corp.
(TSX VENTURE: AUT) is a progressive software company dedicated to developing applications for the insurance industry in North America and Europe. The organization currently has two platforms: Symbility® and Adjudicare®.
provides powerful, accurate and easy-to-use claims processing, estimating software solutions and analytical services for Property & Casualty Insurers. Our collaborative workflow management, mobile estimating, claims triage solutions and analytical services allow insurers to reduce costs while delivering a market-leading claims experience.
is an advanced, practical software solution used by a network of Employee Benefits Brokers and Third Party Administrator partners 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.
All trade names are the property of their respective owners.
Contacts:
Media Contact:
Symbility Solutions Inc.
Lucy De Oliveira, Marketing Director
(416) 359-9339, ext. 1007
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