Abacus Life Unit Invests in Insurance Data Tech Platform Insured Connect

MT Newswires Live

2024/11/27

Abacus Life (ABL) said Wednesday that its ABL Technologies unit made a preferred equity investment in Insured Connect, an insurance data and technology platform.

The company said the investment will support Insured Connect's growth and strengthen Abacus's position in longevity-focused and insurance product distribution.

Financial terms of the investment weren't disclosed.

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