About Us
Who Are We?
Ancillary Benefit Strategies (ABS) is a wholesale ancillary benefits agency. We work on behalf of brokers and consultants in the strategic development, funding, review, implementation, communication strategies and administration of ancillary benefit programs. We improve the cost and structure of current programs or develop new and unique programs that are competitive and cost-effective in specific industries. Our paramount goal is providing the longest guarantee of the lowest costs, while providing industry-leading technical and strategic expertise to provide you the most creative solutions for your clients’ ancillary benefit programs.
Trust Experience to Guide
There is no substitute for experience, and our team brings countless years of experience from many of the top insurance companies. We have worked for many insurance carriers, and know and understand the insurance companies’ philosophies. Through our experience and technical expertise, we help ensure that our brokers and consultants have all of the information needed to assess their clients’ options in order to make informed decisions.
Flexible Process For Client Satisfaction
Our flexible and open structure allows us to bring in many vendors from different disciplines to assist in making sure your clients get the very best strategic process and cost evaluation before final decisions are made. This includes our traditional/core RFP process and optional approaches like a reverse auction and LOA review. For clients who do not wish to conduct a full RFP and bidding process, we can conduct direct negotiations with the incumbent carrier using our proprietary pricing models and underwriting expertise. We work with the very best carriers and vendors in the business. Our standard no cost administration includes “everything but payment of claims”. In addition, we have strategic alliances with the very top TPAs and general agencies in America and can also market utilizing a reverse auction capability.
Reputation and Trusted Guidance
Proactive planning, strategic thinking, and attention to detail separates us from the competition. Insurance carriers see the value we bring through our services, and we are therefore compensated through general agency agreements. With the insurance companies to fund our business we are able to provide our services to you at no additional cost. Our team has many years experience within the consulting arena and are dedicated to providing superior value add to our clients. We have long, solid relationships with the insurance companies. We are able to understand their underwriting and claim office practices, and are therefore, able to consult from an objective angle rather than simply selling a carrier’s product and services.
Client Focused
At ABS we believe our purpose is to serve you – our broker and consultant partners. When we assist in administering the ancillary benefits for your clients, we are able to help you reduce your in-house expense. We are an extension of your office and are able to support you in the back office roles. In an environment of ever changing insurance companies’ philosophies along with and extensive turnover in employees, we are able to be the one stop call for you or your clients and maintain consistency in personnel. We will always remember that our clients are first and foremost your clients. Therefore, we will strive to support you in caring for your clients with utmost care. We have a proven track record with high client persistency and will strive to continue that track records with you and your client. In an effort to ensure you are at ease, we are only a phone call away, which keeps you from having to deal directly with the insurance companies. We represent their products and we are committed to delivering responsive and decisive action in our representation to you. We work at making ourselves available for you to reach us during the evenings and even on weekends should you need to call. We are “wholesale only” consultants and distributors/administrators of ancillary benefit products. Therefore, you will never have to worry about us going direct to your client or joining a competitor. We are dedicated to your company and clients.