Core Insights - Abacus Life, Inc. is a leading buyer of life insurance policies and a vertically integrated alternative asset manager specializing in specialty insurance products [2][3] - The company aims to change misconceptions about life insurance, emphasizing its value as an asset rather than a liability [1] Company Overview - Abacus has purchased life insurance policies with a total face value exceeding $4.6 billion since its inception in 2004, helping clients maximize the value of their life insurance [2] - The company operates through innovative channels such as ABL Tech, ABL Wealth, and ABL Longevity Growth and Income Funds [2] - Abacus Life is the only public life settlement company listed on the Nasdaq Exchange under the ticker symbol ABL [2] Operational Strengths - The company has developed a robust origination and portfolio management process over the past 20 years, supported by a team of over 100 professionals [3] - Abacus maintains long-term relationships with 78 institutional partners and 30,000 financial advisors, allowing it to operate in 49 states [3] - The company complies with HIPAA and privacy laws to protect the confidentiality of financial, health, and medical information [3] - Abacus is recognized as a BBB Accredited Business with an A+ rating [3]
Abacus Life CEO Jay Jackson Discusses Misconceptions About Life Insurance on the Wealthion Podcast