Benefits Growth Network introduces risk reduction options for businesses & their employees through their employee benefits agency solutions program.
Online PR News – 17-May-2010 – – St. Louis, MO – Benefits Growth Network, a consulting firm specializing in growth and implementation strategies for employee benefits agencies, today announced that they have selected ICR Bridge to join their partnership solutions program, BGNAdvantage.
The BGNAdvantage program is a select group of service partners for BGN member agencies to use as solution providers for their clients. The services in the program are focused on the long-term reduction of costs, reduced claims and absenteeism, and increased employee engagement.
ICR Bridge is an identity theft protection company offering a unique, proactive approach to the marketplace. As insurance brokers seeing the first-hand impact that ID theft was having on their clients, they recognized the need to work directly with employers to sponsor plans for their employees. Beyond the consequences that the victims themselves experience, ID theft presents risks for employers, as well. Employers see an average productivity loss of 150 - 250 hours each time an employee suffers an ID theft crisis.
Mark Patrick, CEO of ICR Bridge explains, “On average, the victim will lose $3,800 before they get control of the damage. Thieves will write 57 false checks, and open 8 new credit cards. Worse, victims will feel the effects of vulnerability and lack of closure for months, if not years, to come.”
ICR Bridge products include a package of services plus an insurance policy to both proactively monitor and restore credit in the event of a theft. Their package suite includes:
• Resolution and restitution
• Single and tri-bureau credit monitoring
• Public database monitoring
Employees spend work hours trying to resolve the theft issues which can be a drain on company resources. Kevin Trokey, President of Benefits Growth Network feels that offering a solution for ID theft is not only a good benefit, but it makes good business sense. “We help businesses avoid and mitigate risks that they may or may not even be aware are potential issues for their company. Offering an ID theft solution for employees can be a good return on investment.” The direct, measurable costs average $7,000 per incident which excludes the costs of lost productivity, presenteeism issues, and resulting company profit.
About ICR Bridge
ICR Bridge is an identity theft protection company formed in Spokane in 2006. ICR comes from the Latin words Impedio, Cavi, Renovo (Protect, Secure, Restore) and was designed by insurance experts who wanted to develop solutions for companies of all size and industries, while also supporting individuals and families. ICR Bridge has four distinct service platforms to offer their clients that include: Cyber-risk insurance, IT security audit tools, HR on-line training and employee support/protection. For more information about ICR Bridge, visit www.icrbridge.com or contact Tami Carter at 509-343-9528.
About Benefits Growth Network
Benefits Growth Network, based out of St. Louis, MO, is an international membership-based consulting firm specializing in growth strategies for independently owned employee benefits agencies and brokerages. Through the exclusive Benefits Growth System™, members get individualized planning, coaching, training, use of proprietary systems and access to a network of thriving benefits agencies. For more information about Benefits Growth Network, visit www.benefitsgrowthnetwork.com.