Employee Navigator acquires Velocity Benefits' AI software, launching major AI initiatives for benefits administration ahead of Open Enrollment.
Bethesda, Maryland - Employee Navigator has recently acquired Velocity Benefits' AI-powered plan building software. This marks a significant development in benefits administration software, with Employee Navigator introducing two new AI features. The acquisition of Velocity's AI Plan Building Tool, a product that extracts plan configuration details from carrier quotes, demonstrates Employee Navigator's commitment to innovation. Velocity Benefits, a trusted partner of Employee Navigator, has been instrumental in this advancement.
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