New Partnership Enables Powerful Data Connections for Employee Benefits Division

Standard Insurance Company (The Standard), a leading provider of financial protection products and services for employers and individuals, has entered into a strategic partnership with Noyo. This partnership reinforces The Standard’s commitment to digital transformation by bridging member enrollment and eligibility data across benefits technology platforms. The solution will enable faster group connection and processing times, as well as decreasing operational overhead for benefits administration.

“We are investing to deliver a superior outcome for our customers through a unique combination of expertise, caring and digital experience.”

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By incorporating Noyo’s capabilities around handling, standardizing, and transmitting data quickly and accurately, The Standard is making it easier for employers to administer their benefits and employee enrollments and reducing data issues that can disrupt coverage. The partnership will provide an enhanced billing experience and access to data, allowing information to pass quickly and seamlessly between stakeholders.

“The Standard is making a significant investment in our group insurance business to transform the way we connect with and provide service to our customers,” says Jill Schlofer, second vice president of Implementation and Enrollment for The Standard. “We are investing to deliver a superior outcome for our customers through a unique combination of expertise, caring and digital experience.”

Key Partnership Benefits

• Streamlines member maintenance updates including open enrollment, new hires, qualifying life events and demographic and termination changes across all group sizes.
• Allows brokers to connect clients faster, spend more time advising their clients and less time on administration.
• Performs member enrollment data audits to ensure eligibility changes are processed quickly and accurately.

“I am incredibly excited to see an insurance carrier with more than a hundred years of history adopt the technology of the future,” said Shannon Goggin, CEO at Noyo. “We look forward to transforming the way key benefits data is managed and enabling The Standard to focus on their mission to protect the lifestyles of their customers.”

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