Core Insights - Abacus Life has rebranded to Abacus Global Management to better reflect its global presence and comprehensive financial services [1][2] - The company aims to revolutionize financial services through expert asset management and advanced technology [2] Business Model Overview - The company operates through four divisions: - Abacus Life Solutions: Focuses on maximizing the value of life insurance assets, having purchased over $10 billion in face value of life insurance policies since 2004 [2] - Abacus Asset Group: Serves institutional investors and select private clients, specializing in uncorrelated and longevity-based assets, and fixed-income replacement strategies [3] - ABL Wealth: Redefines wealth management using proprietary data to create customized financial plans based on clients' health and longevity [4] - ABL Tech: Develops technology products that enhance life planning, including real-time mortality verification and servicing the secondary life insurance market [5] Client Relationships - The rebranding will not affect existing client relationships or agreements, and current services will continue uninterrupted [6] Company Profile - Abacus Global Management specializes in alternative asset management, data-driven wealth solutions, and technology innovations, leveraging proprietary data analytics for optimized financial outcomes [7]
Abacus Life Announces Rebrand to Abacus Global Management, Unveils Expanded Business Lines