Abacus Life Policy Value Calculator Surpasses Milestone of 150,000 Policy Valuations
18 September 2024 - 10:15PM
Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a
leading global alternative asset manager focused on lifespan-based
financial products, today announced that its popular Abacus Policy
Value Calculator, which recently launched its newest generation,
has surpassed 150,000 individual submissions from insureds,
totaling more than $87 billion in face value.
“Since the original version of the calculator,
we have been proud to provide over 150,000 insureds instant access
to our valuation database right on our website,” said Jay Jackson,
CEO of Abacus Life. “This outpouring of interest in our
education-based messaging has allowed us to further refine our
models and actuarial databases, giving insureds an instant,
transparent, and up-to-date estimate of their policy’s value.”
About Abacus
Abacus is a leading global alternative asset
manager and market maker, specializing in use of advanced longevity
and actuarial technology to purchase life insurance policies from
consumers seeking liquidity while creating a high-returning asset
class of insurance products, uncorrelated to market fluctuations,
for institutional investors.
With nearly $3 billion in assets under
management, including pending acquisitions, Abacus is the only
publicly traded global alternative asset manager focused on
lifespan-based financial products traded on the Nasdaq
exchange.
Abacus has invested in two new verticals: ABL
Wealth, which provides longevity-based wealth management services
and investment offerings, and ABL Tech, which offers
ground-breaking technology services for pension funds, governments,
insurance companies, retirement associations and more that provides
advanced real-time data tracking and analysis. With each new
channel, we are revolutionizing the future of life insurance.
www.abacuslife.com
Contact:
Abacus Life Investor Relationsinvestors@abacuslife.com
Abacus Life Public Relationspress@abacuslife.com
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