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NYSE : ABX

ABX logoAbacus Global Management, Inc. (ABX)Financial Services : Insurance - Life
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$8,68

+0.04 (+0.46%) today

Abacus Global Management, Inc., established in 2004 and based in Orlando, Florida, operates within the United States as both an alternative asset manager and a market maker. The firm, set to officially transition its name from Abacus Life, Inc. in February 2025, organizes its business across five principal divisions. Its Active Management segment focuses on the procurement, divestiture, and exchange of policies, overseeing their administration until death benefits are released. The Originations segment specializes in brokering life insurance policy settlements, connecting investors or purchasers with original policyholders who are selling their policies. Through its Asset Management operations, the company delivers comprehensive asset management services to investors engaged in alternative investment and equity portfolio funds, all governed by fund investment agreements. Additionally, the Portfolio Servicing division provides contractual policy administration support to its clients. The Technology Services segment offers specialized, contract-based services specifically for the life insurance sector, such as real-time mortality checks and the verification of missing participants. Abacus distributes its various products and services through a range of channels, including financial advisors, agents, direct sales to consumers, and established intermediaries in the life settlements market.

CEO:
Jay Jackson
Country:
US
Full-time employees:
326
Address:
333 South Garland Avenue, Orlando, FL, 32801
IPO date:
Sep 14, 2020

Open

$8,70

High

$8,71

Low

$8,56

Mkt. cap

848.84M

Avg. vol.

624.62K

Volume

310.21K

52-wk high

$12,44

52-wk low

$5,01

Shares outstanding

97.79M