AccuQuote, which has been in operation for more than four decades, offers customers the ability to compare quotes from multiple insurance providers through a single digital platform. Since its founding, the company has helped nearly 350,000 families secure coverage, writing over 156 billion dollars in life insurance policy benefits and generating almost 340 million dollars in lifetime premiums.
The acquisition will allow Abacus to integrate AccuQuote’s established digital distribution capabilities with its own financial planning, alternative asset management, and longevity-based solutions. This combination aims to create a more comprehensive service offering that addresses the full spectrum of client financial needs, from protection planning to wealth accumulation and preservation.
According to Abacus, the integration will also support incremental revenue growth by leveraging AccuQuote’s strong brand and customer base. The company plans to use its existing infrastructure to monetize inquiries from policyholders who may not qualify to sell their current life insurance policies.
Jay Jackson, Chairman and Chief Executive Officer of Abacus, said the acquisition marks a major step in expanding the company’s financial services reach. “By integrating AccuQuote’s specialized digital insurance marketplace with our wealth management capabilities, we are eliminating traditional barriers between protection planning and asset growth,” Jackson said. “This acquisition enables us to deliver a truly integrated approach that meets both wealth accumulation and preservation needs throughout the Abacus client lifecycle.”
Jeremy Hewett, Chief Executive Officer of AccuQuote, said the partnership will allow the company to broaden its impact. “For four decades, AccuQuote has focused on creating transparency and choice for consumers navigating complex insurance decisions,” Hewett said. “Now, as part of Abacus, we can extend our technological capabilities and connect insurance solutions to broader wealth strategies, fulfilling our commitment to evolve alongside our clients’ financial needs.”
Abacus Global Management, listed on NASDAQ under the ticker ABL, is a financial services company specializing in alternative asset management, data-driven wealth solutions, and technology innovation. With a focus on longevity-based assets and personalized financial planning, Abacus combines proprietary data analytics and industry expertise to deliver solutions that optimize financial outcomes for clients worldwide.
