Abacus Global Management has acquired AccuQuote, an online life insurance brokerage company. This acquisition expands Abacus' financial services platform and positions the company to serve the entire lifecycle of clients. AccuQuote offers quotes from multiple insurance providers through a single platform, empowering Abacus' technology stack with accretive solutions. The acquisition strengthens Abacus' financial services platform and expands access to insurance solutions nationwide.
Abacus Global Management, Inc. (NASDAQ: ABL), a leading alternative asset management company, has announced the acquisition of AccuQuote, a premier online life insurance brokerage company. This strategic move aims to expand Abacus' financial services platform and position the company to serve the entire lifecycle of its clients
Abacus Global Management Acquires AccuQuote[1].
AccuQuote, established over four decades ago, has been instrumental in helping nearly 350,000 families secure life insurance coverage. With a track record of writing $156 billion in life insurance policy benefits and generating almost $340 million in lifetime premiums, AccuQuote offers customers quotes from multiple insurance providers through a single, user-friendly interface
Abacus Global Management Acquires AccuQuote[1].
The acquisition of AccuQuote will significantly enhance Abacus' technology stack with accretive solutions, removing barriers and expanding access to insurance solutions nationwide. By integrating AccuQuote's digital distribution platform with Abacus' financial planning, alternative asset management, and longevity-based solutions, Abacus can better meet the entire lifecycle of client needs
Abacus Global Management Acquires AccuQuote[1].
Jay Jackson, Chairman and Chief Executive Officer of Abacus, commented, "The acquisition of AccuQuote further expands the breadth of our financial services platform. By integrating their specialized digital insurance marketplace with our wealth management capabilities, we're eliminating traditional barriers between protection planning and asset growth. This acquisition enables us to deliver a truly integrated approach that addresses both wealth accumulation and preservation needs throughout the Abacus client lifecycle"
Abacus Global Management Acquires AccuQuote[1].
Jeremy Hewett, Chief Executive Officer of AccuQuote, added, "Joining Abacus allows us to significantly expand our impact in the insurance marketplace. For four decades, AccuQuote has focused on creating transparency and choice for consumers navigating complex insurance decisions. Now, as part of Abacus' ecosystem, we can extend our technological capabilities while connecting insurance solutions to broader wealth strategies—fulfilling our commitment to evolve alongside our clients' financial needs"
Abacus Global Management Acquires AccuQuote[1].
Abacus Global Management (NASDAQ: ABL) is a leading financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. With a focus on longevity-based assets and personalized financial planning, Abacus leverages proprietary data analytics and decades of industry expertise to deliver innovative solutions that optimize financial outcomes for individuals and institutions worldwide
Abacus Global Management Acquires AccuQuote[1].
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