Company intelligence / Profile preview

Symbility Solutions

Toronto, Ontario, Canadasymbilitysolutions.com ↗
Ownership
Private
Employees
~250
Development stage
Other
01

Overview

Symbility Solutions is a technology company that provides cloud-based and mobile-enabled software applications for the insurance industry. While widely recognized for its property and casualty claims processing tools, the company operates a significant healthcare division known as Symbility Health. Symbility Health provides a specialized platform for health benefits management, enabling insurers, brokers, and third-party administrators to automate the processing and administration of employee health benefit plans. The platform facilitates digital workflow management, claims adjudication, and data exchange between various stakeholders in the healthcare insurance ecosystem. In December 2018, Symbility Solutions was acquired by CoreLogic, a global leader in property information and analytics, for approximately $160 million CAD. The acquisition integrated Symbility's digital workflow solutions into CoreLogic's broader suite of data-driven insurance services.

Industry
Biomedical IT and Biomedical Data Platforms

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