LiDAC

LiDAC is a full-service Employee Benefits Technology firm based in Great Neck, New York. The company employs 8 people and generates $6 million in annual revenue. LiDAC provides agents and brokers with access to a unique Private Benefits Exchange that simplifies the sale and acquisition of employee benefits. This web-based solution offers a comprehensive and competitive suite of benefit products, including life, accident, short and long-term disability, dental, and vision insurance, available through various contribution methods. LiDAC's platform differentiates itself by eliminating traditional paperwork and manual processes. Features like "No Paper, No Census, No Booklets, No RFP, No Experience, No Application or Enrollment Forms, and No Case Submission" streamline the process for employer groups with 2 to 1,000 employees. The company offers two unique technology solutions: "Employer Choice," a traditional approach with employer-paid and/or voluntary employee-paid insurance, and "Employee Choice," which allows brokers and clients to contribute to an employee benefits bank for voluntary product purchases. For more information, visit LiDAC at lidac.com.