The Work Index by Flexa

Abacus Life (ABL)

Abacus Life is a publicly traded company specializing in buying and managing life insurance policies, offering liquidity to policyholders and investment opportunities to institutional investors.

https://abacuslifesettlements.com/
4.8

/10

Transparency ranking

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Description

Abacus Life Settlements (ABL) is a leading global alternative asset manager and market maker specializing in life insurance products. Since 2004, the company has purchased life insurance policies from consumers seeking liquidity and has actively managed those policies over time. With over $5BN in face value of policies purchased, Abacus is the only publicly traded licensed life policy origination company and asset manager. ABL is headquartered in Orlando, Florida and has over 100 employees. Their pioneering experience in the life planning space has created growth into new verticals.

ABL Wealth is a longevity-based wealth management and investment offering service that uses Abacus’ decades of data and proprietary algorithms to help financial advisors create more customized plans for clients and access uncorrelated investment funds. ABL Tech is a groundbreaking technology service that provides advanced real-time data tracking and analysis for pension funds, governments, insurance companies, retirement associations, and more. With each new channel, Abacus is revolutionizing the future of life insurance.

Mission

Abacus Life Settlements is a leading global alternative asset manager that specializes in buying life insurance policies from consumers seeking liquidity, which creates a high-returning asset class of insurance products uncorrelated to market fluctuations for institutional investors. They are the only publicly traded licensed life policy origination company and asset manager, with over $5BN in face value of policies purchased. Through their pioneering experience in the life planning space, Abacus Life has expanded into new verticals such as ABL Wealth and ABL Tech. ABL Wealth provides longevity-based wealth management and investment offering services, using Abacus' decades of data and proprietary algorithms. ABL Tech provides advanced real-time data tracking and analysis for pension funds, governments, insurance companies, retirement associations, and more. With each new channel, Abacus is revolutionizing the future of life insurance.

Data-driven
Disruptor
Healthcare
Improving quality of life/health
Science and research driven

Culture

Abacus Life emphasizes a client-centric approach, promoting a culture of transparency, confidentiality, and urgency. They are committed to empowering clients to make informed decisions, providing them with all the necessary information and resources. The company prioritizes ethical practices, adhering to HIPAA and privacy laws, and is proud to be a BBB Accredited Business with an A+ rating. This commitment to ethical and transparent business practices extends to their employees, fostering a collaborative and supportive work environment where innovation and growth are encouraged.

DE&I

Abacus Life is committed to fostering a diverse, equitable, and inclusive workplace. They value the contributions of employees from all backgrounds and actively work to create a welcoming and respectful environment. The company highlights its commitment to equal opportunity by providing opportunities for employees to participate in training and development programs focused on diversity and inclusion. They also work to ensure fair hiring practices and promote a culture of respect and collaboration.

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