Genelco Software Solutions

It provides software solutions and services for insurance carriers, third party administrators, and self-administered organizations

Genelco Software Solutions was a division of Liberty Insurance Services Corporation (LIS), acquired by IBM. It provides software solutions and services for insurance carriers, third party administrators, and self-administered organizations in the United States and internationally. The company offers IBM Genelco Insurance Administration Solution, a SaaS-based administration software solution for individual and group life and health insurance products, which helps the insurance industry process business while meeting regulatory compliance and internal marketing needs. The company also operates LifeView, a front-end Internet portal to and from life and annuity administration systems for individual insurance products; and GroupWeb, a Web portal that provides Internet access to online benefit enrollment, eligibility verification, and claim status inquiry for health insurance plans. In addition, it provides hosting, updates, technical connectivity, capacity planning, hardware maintenance, backup, and disaster recovery services. The company was founded in 1973 and is based in Hazelwood, Missouri. As of January 30, 2014, Genelco Software Solutions operates as a subsidiary of Concentrix Corporation.