Noyo provides a connectivity layer for the employee benefits industry, enabling benefits carriers, brokers, and HR platforms to exchange enrollment, eligibility, and member data via standardized APIs in real time. The platform eliminates the EDI file-based data exchange that has historically caused delays and errors in benefits administration. It is carrier connectivity for the benefits stack — replacing EDI batch files with real-time member data sync.
Key features: Real-time enrollment and eligibility data via API · Carrier connectivity for group benefits products · Broker system integration for benefits administration · Member data synchronization across HR and payroll platforms · EDI replacement with modern API architecture
Pros: Modernizes a data exchange process long dependent on error-prone EDI files · Real-time data reduces eligibility gaps and enrollment errors · Broad carrier and broker connectivity network · Integrates with major HR and payroll platforms
Cons: Focused on employee benefits; not applicable to other insurance lines · Value depends on breadth of carrier and employer network coverage · Pricing not publicly listed
Pricing: Quote-based, not publicly listed.
Best for: group benefits carriers and benefits administration platforms
Audience: carrier
