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Abacus Life (NASDAQ: ABL): Pioneering the Path to a Publicly Traded Life Settlement Company on NASDAQ

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June 21, 2023

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.

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About the author

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Jay Jackson

CEO & President, Abacus Life

A highly experienced alternative asset manager and capital raise expert, Jay joined Abacus Life in 2016 as president & CEO. He has more than a decade's worth of financial sector experience, including fund development as well as directing portfolios and investor processes. Jay is an excellent leader focused on maximizing value, service and awareness as our company continues to grow.

You Can Follow him on LinkedIn @ www.linkedin.com/in/jay-jackson-731025135/

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