AI Plan Building Software
AI-powered software to streamline benefit plan creation and management.
Executive Summary
Employee Navigator's AI Plan Building Software, acquired from Velocity, is designed to revolutionize the creation and management of employee benefit plans. This AI-driven solution will be fully integrated into the Employee Navigator platform, enabling brokers and employers to efficiently design, configure, and administer complex benefit offerings. It aims to automate tedious manual processes, reduce errors, and ensure compliance with evolving regulations. The software leverages advanced AI technology to streamline the entire plan building lifecycle, from initial setup to ongoing administration. By integrating seamlessly with a vast network of insurance carriers, payroll providers, and TPAs, it provides a connected digital experience. This initiative is part of Employee Navigator's broader strategy to enhance its platform with cutting-edge AI capabilities, particularly ahead of critical periods like open enrollment.
Use Cases
- Automating the creation and configuration of new benefit plans.
- Streamlining the management and updates of existing benefit plans.
- Ensuring regulatory compliance for all benefit offerings.
- Integrating benefit data with payroll and carrier systems.
- Assisting brokers in quickly designing and presenting benefit options to clients.
Features
Visibility
- Centralized Plan Overview: View and manage all benefit plans, their status, and key details from a single interface.
- Integration Status Monitoring: Monitor the real-time status of connections with carriers, payroll, and TPAs.
Intelligence
- AI-Powered Plan Building: Automate the creation and configuration of complex benefit plans with intelligent assistance.
- Automated Compliance Checks: Leverage AI to automatically verify benefit plans against regulatory requirements.
Technical Specifications
- Architecture
- Cloud-native, API-driven platform for scalable benefits administration.
- Deployment
- SaaS
- Authentication
- SSO/SAML
- API Available
- Yes
Integrations
- Guardian
- Equitable
- Principal
- Paychex
- AdminaHealth
- Payroll Providers
- Insurance Carriers
- TPAs
Security & Compliance
Certifications: SOC 2 Type II, HITRUST, NIST, GDPR, 23 NYCRR 500, CCPA
Encryption: Data encrypted in transit and at rest.
Pricing
- Model
- Per-employee-per-month (PEPM) or feature-based add-on.
- Starting Price
- Contact sales
- Target Customer
- SMB,Mid-Market
About Employee Navigator
Employee Navigator is a B2B software company that provides an all-in-one cloud-based platform for benefits administration and HR management. Their main products and services include benefits enrollment, new hire onboarding, ACA reporting, integrated payroll, HR management, and time-off tracking. They primarily target health insurance brokers and employers of all sizes to simplify HR and benefits processes.