ID Experts Launches Fully-Managed Identity Protection for Employee Benefits
Press on July 19, 2017
- Compliance and Risk
- ID Experts Services and Software
- Identity Theft and Fraud
PORTLAND, Ore. — July 19th, 2017 — ID Experts, the leader in concierge-style identity protection and data breach services, today launched MyIDCare Benefits Plus, a fully-managed identity protection solution that offers employees both security and peace of mind.
MyIDCare Benefits Plus includes alert-based identity monitoring, recovery services and $1 million reimbursement insurance. A web app gives easy access to alerts and provides a direct connection to the ID Care Team for questions and help with identity theft issues.
“With MyIDCare, we stay true to our culture of doing the right thing by helping employees detect and address the scourge of identity theft,” said Rick Kam, president and founder of ID Experts. “If the worse-case scenario happens, employees will know they have a real person on the other side ready to help them put their life and accounts back together.”
MyIDCare Benefits Plus was designed specifically to address the needs of employers and employee benefits brokers, and covers the entire spectrum of identity risks that employees face in today’s world. Identity protection is now one of the two fastest-growing areas of voluntary employee benefits, with projections that 70 percent of employers will offer identity protection services as an employee benefit by 2018, up from 35 percent in 2015.
Address all Nine Types of Identity Theft
Only MyIDCare protects an organizations’ employees from all nine types of identity theft and fraud, including medical identity theft and health insurance fraud. A recent Accenture survey found 25 percent of employees have likely experienced a breach of their digital health data. And in 2015, the most recent year for which information is available, 2.3 million Americans had their medical identities stolen, according to the Ponemon Institute.
For Benefits Organizations and Brokers
MyIDCare Benefits Plus is available to any size organization, either directly from ID Experts or through a benefits consultant or broker. It can be offered at very attractive rates as a company-paid benefit to all employees or as a voluntary benefit for employees and their families to gain identity protection.
ID Experts provides a generous commission structure for benefits brokers and other insurance agents who serve U.S.-headquartered organizations of all types. Learn more about MyIDCare Benefits Plus by visiting www.idexpertscorp.com/employee-benefits or calling 800-298-7558.
About ID Experts
ID Experts® is a leading provider of identity protection and data breach services for companies and individuals throughout the U.S. We combine consumer-centric software and concierge-style professional services in serving organizations across government, healthcare, commercial enterprises, financial institutions, and higher education.
ID Experts has always focused on the individual – keeping them safe from the threats of cyber intrusions and the woes associated with identity theft. So, we are proud to announce that we’re expanding our concierge-style identity protection and data breach services to focus on helping employers further protect their team members by launching MyIDCare™ Benefits Plus.
When it comes to data breach, employee negligence may lack the headline appeal of cyber threats, yet it remains a top concern for privacy and security professionals. Nearly 60 percent of respondents in the ID Experts 2015 Privacy and Security Survey feel that employee negligence is the biggest privacy and security threat. Less than 30 percent viewed cyber criminals as the primary threat.