- CEO
- Jay Jackson
- Full Time Employees
- 157
- Sector
- Financial Services
- Industry
- Insurance - Life
- Address
- Orlando United States of America
- IPO Date
- Nov 24, 2023
- Business
- Abacus Life, Inc. operates as a prominent alternative asset manager specializing in longevity and actuarial technology to offer uncorrelated investment opportunities primarily through the life insurance and life settlement markets. The company’s core products and services include life insurance policy acquisitions and management under its Abacus Life Solutions segment, institutional asset management through Abacus Asset Group, technology and data-driven financial services via ABL Tech, and wealth management products focusing on longevity through Abacus Wealth Advisors. Abacus Life actively purchases life insurance policies from consumers seeking liquidity, manages over $10 billion in face value of policies, and serves a wide client base that includes institutional investors, insurance carriers, and financial advisors across 49 states in the U.S. Founded in 2004 and headquartered in Orlando, Florida, the company has built a vertically integrated platform that includes advanced underwriting models, policy servicing, and market-making.
Recent major changes include the company's transition and renaming from Abacus Life, Inc. to Abacus Global Management, Inc. in February 2025, reflecting a strategic expansion in its global investment capabilities and longevity-based financial products. In December 2024, Abacus closed a $150 million debt financing facility led by Sagard and Värde Partners to support growth, operational strength, and policy inventory acquisition without the need for equity raises in the near term. Additionally, Abacus continues to expand its offerings in longevity wealth management platforms (ABL Wealth) that leverage proprietary algorithms and actuarial data. The company also maintains long-term partnerships with over 78 institutional investors and a network of more than 30,000 financial advisors, underscoring its market leadership in life settlements and longevity-focused alternative investments.
Abacus Life manages its operations primarily in the United States and is a publicly listed entity with its 9.875% Fixed Rate Senior Notes due 2028 (Ticker: ABLLL) actively traded, offering attractive dividend yields to investors. Its business segments span active management, policy originations, asset management, portfolio servicing, and technology services, positioning it as a comprehensive solutions provider in the life insurance secondary market. The company’s focus remains on leveraging longevity data to create innovative, data-driven financial products that cater to policyholders seeking liquidity and investors seeking stable, uncorrelated returns.
Abacus Life, Inc. was founded in 2004 and is headquartered in Orlando, Florida. It employs over 150 professionals supporting its diversified operations across financial advisory, policy management, and technological innovation in the life insurance and alternative investment sectors.