Abacus Market is a part of the agency’s efforts to make life insurance coverage extra clear, structured and collaborative all through all the journey.
As well as, Abacus believes that insureds and the monetary professionals the agency works with ought to have open entry and visibility into all the course of.
This consists of:
- Constant updates all through all the course of;
- Case file administration immediately on the Abacus market;
- Direct communication with an Abacus consultant;
- Clear bids and provides, and
- E-signature features on functions and contracts that may save time.
“The Market is a one-of-a-kind hub for the groundbreaking know-how options that Abacus has already introduced and can proceed to carry to the trade,” stated Abacus chief government officer Jay Jackson.
“The platform will start as a car towards additional collaboration with each consumer and a window into how our AI-driven longevity applied sciences form instances. It can solely proceed to develop and develop as we launch our securitised digital blockchain providing and sensible contracts, which might be totally built-in into the Abacus Market. Our user-friendly know-how platform connecting insureds and monetary professionals with first-class effectivity and transparency exhibits as soon as once more how Abacus is constantly on the forefront of the life settlements trade.”
Abacus is a vertically built-in various asset supervisor specialising in life insurance coverage merchandise. Since 2004, it has bought life insurance coverage insurance policies from customers looking for liquidity and has actively managed these insurance policies over time (by way of buying and selling, holding, and/or servicing). With over $2.9bn in face worth of insurance policies bought, Abacus has helped 1000’s of purchasers maximise the worth of their life insurance coverage.
