They share our excitement about the opportunity ahead and bring invaluable expertise and knowledge in alternative investments,” said Jay Jackson, Chief Executive Officer of Abacus Life. “We are thrilled to be partnering with East Resources on this significant milestone. Abacus Life is a BBB Accredited Business with an A+ rating. Abacus Life’s team of 59 experienced professionals, which has serviced approximately $950 million in policies and is operational in 49 states, provides white-glove service to financial advisors and policy owners who need to value life insurance and explore this lucrative financial option. Additionally, with almost $1.3 billion in face value of policies purchased from 2019 – 2021, the Company has helped thousands of clients maximize the value of their life insurance. for the last 18+ years, with nearly 20% market share, and approximately 4x origination growth over the last six years. and is expected to remain listed on Nasdaq under the new ticker symbol “ABAL.”Ībacus Life has been the industry leader in purchasing life insurance policies in the U.S. Upon closing of the transaction, the combined company will be named Abacus Life, Inc. Learn more about how we empower our clients to partner with us and make a positive impact.ORLANDO & BOCA RATON, Fla.-( BUSINESS WIRE)-Abacus Settlements, LLC (d/b/a Abacus Life) and Longevity Market Assets, LLC (together “Abacus”), a leading buyer of life insurance policies and vertically integrated alternative asset manager specializing in specialty insurance products, and East Resources Acquisition Corporation (NASDAQ: ERES) (“ERES”), a special purpose acquisition company, announced today their entry into a definitive merger agreement that will result in Abacus becoming a publicly listed company. This is why we offer a myriad of annual charitable donations, of our client’s choice. What about Community Outreach?Īt Abacus, we strongly believe in our social responsibility to give back to our communities. Our team of agents are truly dedicated to each client and work around the clock, relentlessly pursue the best possible deals. Through our alliances and partnerships with other carriers, we effectively operate on a scale that allows us to offer more competitive pricing than our competitors. How does Abacus Insurance and Financial Services operate?Īt Abacus, we invest in equipping our team and clients with the tools needed to ensure reliable, quality service. We would not be where we are today without our amazing clients and their trust in Abacus Insurance & Financial Services. The answer is quite simple: we provide a high-quality service and our clients are confident in referring us to their friends, family, and colleagues. We are often asked by our competitors how we manage to grow so quickly while maintaining an incredible client retention rate. How are we consistently one of the highest clients retaining firms in the industry? These are the core values that Abacus was founded upon and that fuels our pursuit of excellence in providing consistent, stellar coverage at the most competitive and affordable pricing. Treat your clients the way you would like to be treated - with respect, honesty, and humility. Welcome to Abacus Insurance and Financial Services Who are we?
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