Company Overview - Abacus Life, Inc. is a leading vertically integrated alternative asset manager specializing in longevity and actuarial technology [2] - The company has purchased life insurance policies with a total face value exceeding $4.6 billion, assisting thousands of clients in maximizing the value of their life insurance [2] - Abacus Life is the only public life settlement company, trading on the Nasdaq Exchange under the ticker symbol ABL [2] Industry Insights - CEO Jay Jackson highlighted the significance of longevity data in financial planning, suggesting that accurate lifespan predictions could lead to better financial products and allocations for retirees [1] - The discussion on the SPACInsider Podcast indicates a potential fundamental shift in financial planning practices as the industry begins to integrate longevity data [1] Operational Strengths - The company has developed an institutionalized origination and portfolio management process supported by a team of over 100 professionals and long-term relationships with 78 institutional partners and 30,000 financial advisors [3] - Abacus Life operates in 49 states and complies with HIPAA and privacy laws to protect the confidentiality of financial, health, and medical information [3] - The company holds a BBB Accreditation with an A+ rating, reflecting its commitment to quality and customer service [3]
Abacus Life CEO Jay Jackson Discusses Lifespan Data and Financial Planning on SPAC Insider Podcast