TL_2.1.18

Genelco Insurance Administration Solution (GIAS)

Available from Concentrix Corporation

The GIAS technology platform, for policy administration and claims processing of Individual, Group and Voluntary lines of business for life and health insurance products and annuity contracts, will modernize, consolidate and transform insurance operations. GIAS, a rules-based solution is Web accessible built upon modern processing architecture and using Java-based language. GIAS consolidates administration on one platform providing customer-centric views of all products and services and seamless integration to a front-end self-service portal, a straight through processing electronic and automated new business application tool and accessibility to real time metrics on performance and operations. GIAS was developed to consolidate insurance operations such as multiple disparate systems and applications for common insurance processes (including policy issue, claims, billing, and commissions, etc.) Using Service Oriented Architecture GIAS easily integrates with other business functionality through Web services.
Transform the business and overcome the challenges of adapting operations to meet the demands of customers, reduce maintenance and staffing costs associated with multiple systems, win share of market by speeding products launches and changes to existing product types, achieve faster revenue streams from new business policy applications and change operational processes based on trends in your business.

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