Abacus Global Management Acquires AccuQuote

Rhea-AI Summary

Abacus Global Management (NASDAQ: ABL) announced the acquisition of AccuQuote, an online life insurance brokerage, on October 6, 2025. The deal adds AccuQuote's digital distribution to Abacus' wealth management and alternative asset platform to serve clients across the full lifecycle.

AccuQuote has served nearly 350,000 families, written $156 billion in life insurance policy benefits, and generated almost $340 million in lifetime premiums. Abacus cites synergies including monetizing thousands of monthly policyholder inquiries through its infrastructure.

Positive

• 350,000 families served by AccuQuote
• AccuQuote wrote $156 billion in life insurance policy benefits
• AccuQuote generated ~$340 million in lifetime premiums
• Access to thousands of monthly inquiries for potential monetization

Negative

• None.

Insights

Strategic Integration Analyst

Acquisition broadens Abacus' product set by adding a digital life-insurance marketplace to its wealth platform.

Abacus acquired AccuQuote on Oct. 06, 2025, bringing a consumer-facing digital brokerage that has facilitated $156 billion in policy benefits and generated ~$340 million in lifetime premiums. Integrating AccuQuote adds direct access to insurance distribution and a channel for policyholder inquiries into Abacus' existing financial planning and alternative asset capabilities.

Key dependencies include the technical and commercial integration of AccuQuote's platform, retention of its customer-facing brand, and Abacus' ability to convert policyholder inquiries into monetizable services as the press release asserts. Execution risk centers on integration timing, customer migration, and preserving AccuQuote's distribution relationships.

Watch execution milestones over the next 6–18 months: platform integration progress, retention of AccuQuote customers and carrier relationships, and any disclosed incremental revenue figures or guidance tied to the acquisition.

Commercial Revenue Strategist

The deal aims to create cross‑sell revenue by linking insurance leads to Abacus' infrastructure and services.

AccuQuote supplies thousands of monthly insurance inquiries and an established brand with four decades of consumer reach; Abacus plans to monetize inquiries from policyholders who cannot sell policies. This creates a clear commercial mechanism: feed digital insurance demand into Abacus' monetization pathways.

Risks include realizing the promised "incremental revenue growth" and maintaining regulatory and carrier access during integration; the release provides no quantified short‑term revenue targets or cost impacts. The next concrete items to monitor are disclosed revenue lift, retention rates for AccuQuote users, and any carrier/network continuity statements over the coming 12 months.

~ Strategic Acquisition Further Expands Breadth of Abacus’ Financial Services Platform ~

~ Positions Company to Serve Entire Lifecycle of Clients ~

ORLANDO, Fla., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Abacus Global Management, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a leader in the alternative asset management space, announced the acquisition of AccuQuote, a premier online life insurance brokerage company. AccuQuote offers customers quotes from multiple insurance providers through a single platform. The acquisition both strengthens the Company’s financial services platform while removing barriers and expanding access to insurance solutions nationwide, empowering Abacus’ technology stack with accretive solutions.

For more than four decades, AccuQuote has helped nearly 350,000 families discern insurance options and secure coverage, writing $156 billion in life insurance policy benefits, and generating almost $340 million in lifetime premiums. AccuQuote allows customers to compare quotes from multiple carriers through a single, user-friendly interface, offering them convenience, optionality, and the ability to enroll in a plan specific to their individual situation.

The acquisition provides strategic synergies and underscores Abacus’ commitment to building a holistic wealth approach for its clients. Integrating AccuQuote’s proven digital distribution platform with Abacus’ financial planning, alternative asset management, and longevity-based solutions will better position the company to meet the entire lifecycle of client needs.

Building on these strengths, Abacus is confident it will achieve incremental revenue growth by leveraging AccuQuote’s established brand and track record. With this new integration, Abacus can use its robust infrastructure to monetize the thousands of monthly inquiries it receives from policyholders who may not qualify to sell their current policies.

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."

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."

About Abacus
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.

For more information, please visit abacusgm.com.

Contacts:
Investor Relations
Robert F. Phillips – SVP Investor Relations and Corporate Affairs rob@abacusgm.com
(321) 290-1198

David Jackson – Managing Director of Investor Relations david@abacusgm.com
(321) 299-0716

Abacus Global Management Public Relations
press@abacusgm.com

FAQ

What did Abacus (ABL) announce on October 6, 2025 regarding AccuQuote?

Abacus announced it acquired AccuQuote, a digital life insurance brokerage, to integrate insurance distribution into its wealth platform.

How large is AccuQuote's historical insurance footprint mentioned in the Abacus announcement?

AccuQuote has served nearly 350,000 families, written $156 billion in policy benefits, and generated ~$340 million in lifetime premiums.

How will the AccuQuote acquisition affect Abacus' revenue opportunities (ABL)?

Abacus said the acquisition should create incremental revenue by leveraging AccuQuote's brand and monetizing thousands of monthly policyholder inquiries.

What strategic benefit did Abacus highlight for acquiring AccuQuote (ABL)?

Abacus highlighted integration of AccuQuote's digital insurance marketplace with its financial planning and alternative asset capabilities to serve clients across the lifecycle.

Will Abacus (ABL) change how customers access insurance after the acquisition?

Abacus plans to combine AccuQuote's multi‑carrier quote platform with its infrastructure to expand access and streamline enrollment for customers.