Abacus Life IncNASDAQ ABL Stock Report

Abacus Life, Inc. is an integrated alternative asset manager, which engages in the business of investing in inforce life insurance products. The company is headquartered in Orlando, Florida and currently employs 102 full-time employees. The company went IPO on 2020-07-23. The Company’s Portfolio Servicing segment provides policy services to customers on a contract basis. Its Active Management segment buys, sells and trades policies and maintains policies until receipt of death benefits. Its Originations segment originates life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner. The policies are purchased from owners or other providers through advisors, brokers or directly through the owner. The company originates policies through three primary origination channels (Agents/Financial Advisors, Direct-to-Consumers, Life Settlement Brokers) and Third-Party Intermediaries, screens them for eligibility by verifying that the policy is in force, obtaining consents and disclosures, and submitting cases for life expectancy estimates.