Abacus Global Management, a financial services company specializing in alternative asset management and data-driven wealth solutions, has acquired AccuQuote, an online life insurance brokerage company, to integrate digital insurance solutions with its existing wealth management platform in the United States. The acquisition aims to strengthen Abacus’s financial services offerings and broaden access to digital insurance solutions across the nation by combining the firms’ complementary strengths. The value of the transaction was not disclosed.

AccuQuote, founded over four decades ago, provides consumers with an online platform to compare life insurance quotes from multiple providers. Since its inception, the company has assisted nearly 350,000 families in securing coverage, writing more than $156 billion in life insurance policy benefits, and generating approximately $340 million in lifetime premiums.

Abacus Global Management focuses on financial planning, alternative asset management, and longevity-based solutions. Its platform utilizes proprietary data analytics and technological innovation to deliver personalized financial outcomes. The company’s expertise in longevity assets positions it to integrate AccuQuote’s insurance marketplace into a broader wealth and protection offering. This integration is expected to enable Abacus to leverage AccuQuote’s established digital distribution network and customer base.

The combined entity is projected to drive incremental revenue growth by monetizing inquiries from policyholders who may not qualify to sell their current life insurance policies.

Jay Jackson, Abacus chairman and chief executive officer, stated, “By integrating AccuQuote’s specialized digital insurance marketplace with our wealth management capabilities, we are eliminating traditional barriers between protection planning and asset growth. 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, AccuQuote chief executive officer, commented, “For four decades, AccuQuote has focused on creating transparency and choice for consumers navigating complex insurance decisions. 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.”