July 24, 2008 by Canadian Underwriter
Symbility Solutions Inc. has formed a strategic alliance with e2Value Inc., integrating e2Value’s web-based property Insurance-to-Value (ITV) calculation services to Symbility’s mobile claims estimation application.
E2Value, an insurance and IT consulting firm, is a hosted application provider of online replacement cost valuations for residential, commercial and farm and ranch properties in the United States.
E2Value offers a standard calculating platform that integrates with digital technologies for expedited Information-sharing and decision-making among a company’s sales, underwriting and claims functions.
The strategic partnership will allow Symbility, a wholly-owned subsidiary of Toronto-based Automated Benefits Corp. (TSX-V:AUT), and e2Value customers to complete both their residential and commercial estimates and ITV valuation at a claim site, increasing the efficiency of adjusters and valuators with reduced site visits and increasing indemnity with instant online valuations.
Wells Fargo Insurance Services, a subsidiary of Wells Fargo & Company (NYSE: WFC), has become the exclusive manager of the HLA Global Network.
HLA Global Network has now been reintroduced to the international community as the Wells Fargo Global Broker Network, which consists of more than 10,000 insurance and risk management professionals serving customers from 330 offices across 70 countries.
The network provides insurance brokerage services in 115 countries around the world and collectively produces revenues in excess of US$1.8 billion.
The former HLA Global Network was originally called the Lambert Network. Founded in 1997, HLA Global had two main partners: the United Kingdom’s Heath Lambert Group and U.S. based Wells Fargo Insurance Services.
Firstbrook Cassie & Anderson Limited, a member of the former HLA Global Network, announced they would continue to serve international customers as part of the new Wells Fargo Global Broker Network.
“Wells Fargo’s widely known and highly trusted brand, as well as the organization’s considerable financial strength and depth of resources, will help Firstbrook Cassie & Anderson and other network members around the world to better serve our customers,” John van Bilsen, senior vice-president of Firstbrook Cassie & Anderson, said in a press release. “Continuing our operations under the Wells Fargo brand with Wells Fargo leadership will help the entire network to better identify, focus and strengthen the international insurance and risk management solutions delivered to our customers around the world.”