Abacus Global Management Inc (NYSE: ABX) is a life settlements and alternative asset management company that acquires life insurance policies in the secondary market and manages portfolios of those policies on behalf of institutional investors and on its own balance sheet. The company makes money through origination fees on life settlement transactions, asset management fees, and, as of FY2025, a small but growing technology services revenue stream. Headquartered in Orlando, Florida, with an asset management office in Luxembourg, Abacus operates three reportable segments: Life Solutions, Asset Management, and Technology Services. Total revenue was $235.2M in FY2025, up from $111.9M in FY2024, with Life Solutions generating $200.7M (85% of total), Asset Management $33.8M (14%), and Technology Services $717K (less than 1%). Since founding in 2004, the company has purchased over $10 billion in face value of life insurance policies. CEO Jay Jackson leads the company as of the 10-K filed March 13, 2026.

Revenue model

Three revenue streams as of FY2025: (1) Life Solutions fees, earned as a percentage of the face value or death benefit of acquired life insurance policies, plus portfolio management fees, totaling $200.7M in FY2025; (2) Asset Management fees of $33.8M in FY2025; (3) Technology Services fees from fixed annual contracts with pension plans, insurers, and government agencies, totaling $717K in FY2025.

Products and services

Life settlement origination and secondary-market policy acquisition. Portfolio management services for institutional investors holding life insurance policy portfolios. AccuQuote digital life insurance origination platform, acquired October 2025, allowing consumers to compare quotes from multiple carriers. ABL Intel proprietary technology platform providing real-time mortality verification, missing participant verification, and longevity data services. Institutional advisory services to insurance carriers and reinsurers for legacy liability optimization.

Customers and end markets

Individual life insurance policyholders selling policies in the secondary market. Third-party institutional investors purchasing life settlement portfolios. Insurance carriers and reinsurers seeking legacy liability solutions. Pension funds, government agencies, and life insurance companies purchasing Technology Services via fixed annual contracts. Consumer-facing retirement product buyers served through the Life Solutions division.

Value-chain role

Vertically integrated market maker and alternative asset manager in the life settlements industry. Originates policies through agents and brokers, direct policyholder outreach, and third-party intermediaries. Holds policies on its own balance sheet and manages them on behalf of institutional clients. Operates a limited-purpose broker-dealer. Provides proprietary actuarial and longevity data technology to institutional customers.

Geographic exposure

Primary operations in the United States, where 46 states have regulations supporting third-party life insurance policy sales. Corporate headquarters in Orlando, Florida (office lease expiring December 2029). Asset Management office in Luxembourg (office lease expiring July 2033).

Source: SEC 10-K, filed 2026-03-13

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