Abacus Life, Inc. — Cyborg Score 7/10

Strong
Asset Management

Strategic Profile

The company is democratizing the life insurance space through three groundbreaking new channels: ABL Tech, ABL Wealth, and ABL Longevity Growth & Income Funds. Over the past 20 years, the Company has built an institutionalized origination and portfolio management process supported by a 100+ person team, long-term relationships with 78 institutional partners and 30,000 financial advisors, and operates in 49 states.

Cyborg Score Rationale

Abacus operates in a unique, highly specialized niche as the only public life settlement company with demonstrated revenue growth. The company has successfully diversified beyond its core business into technology and wealth management. However, the life settlement industry remains relatively small and subject to regulatory and demographic risks.

Top Insights

  • Over $5BN in face value of policies purchased to date, helping thousands of clients maximize life insurance value
  • In October 2025, sold $50 million of securitized life insurance assets structured as above investment-grade rated collateralized notes
  • Invested in two new verticals: ABL Wealth, providing longevity-based wealth management services, and ABL Tech, offering technology services for pension funds and governments
  • Reported $79.6m full-year revenue growing 14% YoY and $39.3m adjusted EBITDA growing 13% YoY

Named Competitors

  • Benefit Capital — Life settlement investor and asset manager
  • American Equity Longevity Partners — Longevity and life settlement focused investment firm
  • Senior Life Settlements — Life settlement underwriting and asset management

Recent Developments

  • (October 2025) Closed $50 million securitized life insurance asset sale to institutional investors with above investment-grade rating
  • (December 2025) Announced planned transfer of listing from NASDAQ to NYSE with new ticker symbol ABX
  • (Late 2024) Rebranded as Abacus Global Management to reflect expanding international footprint and diverse offerings

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