In the ever-evolving landscape of the life settlement
industry, Abacus Life
Settlements has emerged as a trailblazer, poised to become the first and
only company in its space to go public on NASDAQ. With the upcoming ticker symbol
ABL, Abacus Life Settlements solidifies its position as a market leader,
revolutionizing the industry and providing unprecedented opportunities for both
policyholders and investors.
Dating back to its establishment in 2004, Abacus Life
Settlements has cultivated a reputation as a leading vertically integrated
alternative asset manager specializing in life insurance products. Central to
Abacus Life Settlements' success is its unwavering dedication to providing
liquidity for policyholders. Since its inception, the company has purchased
over $2.9 billion in face value of life insurance policies, helping thousands
of clients unlock the hidden value within their policies. By actively managing
these policies through trading, holding, and servicing, Abacus maximizes the
value of life insurance for individuals seeking financial flexibility and
security.
Below is an example of a case study that illustrates the
transformative impact Abacus Life Settlements has had on the lives of
policyholders:
Brenda, a policyholder who initially purchased a life
insurance policy to provide financial support for her children, found herself
at a different stage of life. With her children now self-sufficient adults, the
policy became a financial burden, draining her retirement fund with each
premium payment. Brenda had dreams of travel, treating her grandchildren, and
possibly buying a vacation home, but the policy was hindering her aspirations.
Fortunately, at the age of 78, Brenda qualified for a
traditional life settlement. Abacus Life Settlements swiftly connected her with
a provider who provided a life settlement quote within 24 hours. This newfound
liquidity allowed Brenda to turn her retirement dreams into a reality, thanks
to Abacus Life Settlements' client-centric approach.
With a highly skilled team of 88 professionals, Abacus Life Settlements
has built an institutionalized origination and portfolio management process.
This process is further strengthened by long-standing relationships with 78
institutional partners and a vast network of 30,000 financial advisors.
Operating in 49 states, Abacus possesses the reach and expertise necessary to
navigate the intricacies of the life settlement market, ensuring optimal
outcomes for both policyholders and investors alike.
The leadership team at Abacus Life Settlements brings many
years of experience to the table. Their wealth of knowledge and continuous
innovation have positioned the company at the forefront of the industry since
its early days in the mid-90s. As pioneers in the life settlement space, Abacus
has consistently demonstrated a commitment to pushing boundaries, shaping
industry standards, and delivering exceptional value to clients and advisors.
Transparency and integrity are pillars of Abacus Life
Settlements' approach. The company maintains membership with the Life Insurance
Settlements Association (LISA) and complies with stringent privacy laws,
including HIPAA regulations, to protect the confidentiality of clients'
financial, health, and medical information. As a testament to its unwavering
commitment to excellence, Abacus Life Settlements proudly holds a BBB
Accredited Business status with an A+ rating.