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ABS Merges with Suffolk-Based Hester Agency

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ABS of Virginia Merges with Penny O. Hester Insurance

August, 2013

www.absofva.com 

Suffolk/Virginia Beach: Advanced Benefit Strategies of Virginia, LLC and Penny O. Hester Insurance have merged. ABS based in Virginia Beach and Hester Insurance of Suffolk recently merged to give clients access to a broader range of services and technology solutions. Both companies bring unique strategic partnerships with P&C producers and Pension Plan managers to the relationship.

ABS has specialized in providing innovative solutions to employer clients, while Hester Insurance focuses on plans for both employer and individual health plan clients. ABS anticipates the merger allowing greater access to the Suffolk and Western Tidewater markets for their technology-driven employer solutions.

Penny O. Hester has more than 40 years of experience in providing both health and ancillary benefit plans to employers and individuals in the Tidewater market. Her reputation for outstanding customer service has been the hallmark of her agency.

Gregg Kennerly and Andrea Eggleston, the Principals of Advanced Benefit Strategies, have more than 45 years of combined experience in employer-sponsored benefit plans. Their expertise in tax-advantaged solutions for employer plans has saved clients millions of dollars in premium since the company was established in 2009.

In his career, Gregg has developed specialized expertise in “consumer-driven” and high deductible health plans with HSA and HRA strategies, and sold the first HSA plans issued in Virginia through Assurant Health. He is an expert in analyzing plan design data and has served as account executive for national accounts such as Coca-Cola Enterprises and Tenet HealthCare. Gregg utilizes a strategic approach to establish goals based on each client’s unique culture and competitive environment, and measuring results against jointly established criteria. Gregg Kennerly is a Principal at Advanced Benefit Strategies of Virginia, LLC.
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