Lionheart Assurance Solutions

Lionheart Assurance Solutions, LP http://www.LionheartAssuranceSolutions.com

Who is Lionheart Assurance Solutions, LP?
The challenges we address in the market
The services we provide
Corporate Overview

Established in 1997 by Mr. Chuck Siegel, our President and CEO
A business services firm with over 240,000 individual and corporate clients
One of the largest independent marketing agencies in North America representing the services of two large publicly traded companies, both of which are #1 in their fields
We are experiencing phenomenal growth with consistent revenue increases over the same period last year
Lionheart Assurance Solutions, LP

Let’s Look at Our Market
Laws affecting businesses are constantly changing…
Federal and State legislators are taking an aggressive stance against companies that are not properly protecting private information.
Because of these changes in the law, our services have become one of the most requested employee benefits in the nation.
What is driving this new posture?

America’s fastest growing crime
23,000 victims DAILY - every 3.75 seconds
Has surpassed drug trafficking as #1 law enforcement concern

Identity theft is not just about credit cards! Identity theft is an international crime and access to an attorney might be critical 5 Common Types of Identity Theft What is Identity Theft? Social Security Medical Character/ Criminal Financial Driver’s License

Why are you at risk?
Utility Companies
Insurance Companies
Credit Card Records
Medical Records
Real Estate Records
Motor Vehicle Records
School Records
Military Records
Social Security Record
Banking Records
Employment Records
Postal Records
Purchasing Records
Tax Records
Leasing Records
Licensing Records
Your Data is Out There What is Identity Theft?

Lost, Hacked, or Stolen… Notables
MasterCard: 40 Million (System hacked )
Veteran’s Admin: 26.5 Million (Laptop lost)
Citibank: 3.9 Million (Shipment of data tapes lost)
Monster.com: 1.3 Million (System hacked)
Presbyterian Hospital: 8,000 (Employee theft)
TJX: 100 Million (System hacked)
Who is at Risk? Could YOU be at risk?

The Cost to Individuals
The average dollar amount charged in identity theft: $92,893
The average number of checks written in identity theft: 74.6
The average number of credit card applications approved through identity theft: 8.4
Laws hold victims partially responsible for fraudulent debt after 48 hours, and fully responsible if not reported within 60 days… Latest FTC Statistics

Fair and Accurate Credit Transactions Act (FACTA)
Health Insurance Portability and Accountability Act (HIPAA)
Graham, Leach, Bliley Safeguard Rule (GLB)
New Red Flag Rules effective 11/1/08
Why Are Businesses Concerned?
Fines up to $1,000,000 per occurrence
Up to 10 Years Jail Time for Executives
Removal of management
Executives within an organization can be held personally accountable both civilly and criminally

Employees can take up to 600 hours , mainly during business hours, and a cost of up to $1,500 to restore their identities.
“ If you experience a security breach, 20% of your affected customer base will no longer do business with you, 40% will consider ending the relationship, and 5% will be hiring lawyers!”*
“ When it comes to cleaning up this mess, companies on average spend 1,600 work hours per incident at a cost of $40,000 to $92,000 per victim.”*
*CIO Magazine, The Coming Pandemic , Michael Freidenberg, May 15 th , 2006 The Cost to Businesses

Identity Theft Mitigation Plan
“… an affirmative defense against potential fines, fees and lawsuits is to offer some sort of identity theft protection as an employee benefit. An employer can choose whether or not to pay for this benefit. The key is to make the protection available, and have a mandatory employee meeting on identity theft and the protection being made available, similar to what most companies do for health insurance… ”
Betsy Broder of the Federal Trade Commission Business and Legal Reports, January 19, 2006

An employee benefit which provides help in every phase of identity theft – before, during, and after the crime occurs… The Lionheart Answer

Employee A Complete Wall of Security Access to Legal Counsel Continuous Monitoring of Activity Full Restoration by Licensed Investigators

Continuous monitoring of credit bureau(s)
Access to all other consumer information repositories:
Department of Motor Vehicles
Social Security Administration
Medical Information Bureau
Postal Service
TeleChex
Others too numerous to list
Continuous Monitoring of Activity
Provides immediate notification of changes in credit bureau information database

These services can save hundreds, possibly thousands of hours for the Employee and the Employer Licensed Investigators do the bulk of the work for the fraud victim. Not as a counselor , not alongside, not in conjunction with, but on behalf of the customer. Full Restoration by Licensed Investigators

Preventive Legal Plan Access to Legal Counsel
Who do your employees call when they have personal issues like…
Identity theft?
Divorce?
Bankruptcy?
Traffic tickets or accidents?
Do your employees’ personal issues ever effect their work performance? Does this effect your bottom line?
For a low monthly fee, employees can have access to valuable benefits that cover the most common legal needs they will encounter.
Lionheart’s “bottom line”: Your employees are able to keep their focus on their work instead of on their personal problems!
Landlord/tenant issues?
Creditor harassment?
Child custody issues?

Identity Theft Plan
Continuous credit bureau monitoring
Restoration services by Licensed Investigators
Member and spouse coverage for one price
Preventive Legal Plan
Family coverage
No contract
Payroll deduction
Portable - goes with employee
Never had a price increase to an existing member
Employee Benefit Plan

For more information about our services, please visit our corporate web site at
http://www.LionheartAssuranceSolutions.com
We look forward to serving you!
Contact Us

Lionheart Assurance Solutions

by lionheartassurance on Jun 01, 2009

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Lionheart Assurance Solutions — Presentation Transcript