Abacus Life and AIMCOR Announce New National Distribution Agreement

GlobeNewswireJune 4, 20243 min

Abacus Life, Inc., a pioneering alternative asset manager specializing in longevity and actuarial technology, announced a new national distribution relationship with AIMCOR, one of the largest national insurance marketing organizations in the United States. Through their network of 40+ brokerage general agencies, AIMCOR specializes in offering protection and retirement solutions to thousands of financial professionals, institutional clients, and other aligned distribution partners across the country.

As part of this new relationship, Abacus will offer their expertise and become a preferred partner for life settlement solutions to AIMCOR’s national network of affiliated member firms.

“We’re thrilled to enter into a formal relationship with AIMCOR,” said Abacus Chief Executive Officer Jay Jackson. “This new relationship will help AIMCOR members throughout the country to leverage Abacus’ resources, ensuring their end policyholders understand the value of their policies and empower customers to make educated decisions about their financial future.”

“As life settlements are becoming more mainstream, we are excited to partner with Abacus in order to promote our mutual success and drive long-term strategic growth. As the only public company in the industry, we believe that Abacus is the right partner to assist our members, institutional partners, and aligned distributors in offering settlement options to their customers,” commented Marc Verbos, EVP and President of Aligned Distribution for AIMCOR. “This collaboration is in line with our ongoing commitment to help educate financial professionals and their clients about the innovative solutions available to provide greater financial flexibility, and to raise awareness about life settlements as a viable option that should be considered under the appropriate circumstances.”

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