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Abacus Global Management Acquires AccuQuote
Globenewswireยท 2025-10-06 12:00
Core Insights - Abacus Global Management has acquired AccuQuote, enhancing its financial services platform and expanding access to insurance solutions nationwide [1][3] - The acquisition aims to integrate AccuQuote's digital distribution platform with Abacus' existing financial planning and asset management services, addressing the entire lifecycle of client needs [3][5] - AccuQuote has a strong track record, having assisted nearly 350,000 families and written $156 billion in life insurance policy benefits [2] Company Overview - Abacus Global Management specializes in alternative asset management, data-driven wealth solutions, and technology innovations, focusing on longevity-based assets and personalized financial planning [6] - The company leverages proprietary data analytics and industry expertise to optimize financial outcomes for individuals and institutions globally [6] Strategic Implications - The acquisition is expected to create strategic synergies, allowing Abacus to monetize thousands of monthly inquiries from policyholders [4] - By integrating AccuQuote's marketplace with its wealth management capabilities, Abacus aims to eliminate barriers between protection planning and asset growth [5] - Both companies express confidence that this partnership will enhance their impact in the insurance marketplace and fulfill evolving client financial needs [5]