Abacus Life Settlements, LLC
Originally formed in the heart of New York’s financial district and now headquartered in Orlando, Fl, Abacus Life Settlements, LLC has been a leading provider and buyer of life settlements since 2004. We are consistently ranked in the top 5 in the nation for the amount of overall face value purchased, with more growth planned for the near future and beyond. Abacus shareholders and officers have been leaders in the life settlement industry since the industry’s inception in the mid-90s. Abacus Life Settlements strongly supports regulation that protects both consumers selling their policies and institutional investors interested in providing funds to purchase policies.
Abacus has been a proud member of the Life Insurance Settlement Association (LISA) since the company was formed. Abacus also complies with its obligations under HIPAA laws to maintain and adhere to the confidentiality of all personal, financial, health, and medical information.
For a full list of states that Abacus is licensed in, click here.
Abacus Life Settlements has grown to become a large and trusted provider of life settlement solutions. The hallmarks of our success include:
Faster & Better Offers
We supply offers in a fraction of the industry standard timeframe and, in special circumstances such as an impending lapse, we can move even faster. Coupled with our exclusive 24-hour pricing, Abacus is the right choice to finish your settlement as quickly as possible.
Unsurpassed Customer Service
The life settlement industry is unique. We work with individuals and agents representing individuals who are going through deeply troubling times. We believe in supporting and connecting with our clients during these times and we back it up with things like our Lapsesaver Program.
Large Purchase Range
You may be thinking that your policy isn’t of substantially high value so you wouldn’t qualify for a payout. However, at Abacus, we purchase life insurance policies with face values ranging from $100,000 to $50 million. Ensuring that no matter how small or large your policy may be, we likely can assist you.
Institutional Funding
We work with several institutional funders to ensure that the offers we make on cases reflect real value. Rather than making offers from a single money source, we maximize the potential of your life insurance by using different funds. This is reflected in Abacus Life Settlements aggressive and competitive pricing for every single case.
Policy Types Purchased
We purchase every type of life insurance, even term policies. Finding a life settlement company that is willing to work with you regardless of the policy type can be difficult, but since we are a direct buyer with excellent relationships, we can work to accommodate nearly any policy, so long as the insured is qualified.
Our Team
At Abacus Life Settlements we know that the foundation of any company is the people we employ. We seek out the best talent to work as part of our team. We pride ourselves on being able to understand the finer details of the cases that we take on.
Sean McNealy
Sean McNealy has been involved in Life Settlements for nearly two decades, with his initial entry into the industry being in 1997. Sean manages the firm’s capital market relationships and has assisted in building some of the largest funding platforms in the industry. Mr. McNealy is nationally recognized as an authority in this field and has spoken across the country to various prominent financial and insurance groups.
Karen Teller
Karen has more than 30 years of experience as an accounting professional. In addition to her experience in financial statement preparation, review, analysis, budgeting and cost analysis, Karen brings expertise in internal auditing and compliance, tax accounting, payroll management, human resource management, and sales commission facilitation. She received her Bachelor of Science Degree in Accounting from the University of Central Florida.
Scott Kirby
Scott Kirby has an extensive background in the Life Settlement industry dating back to 1997 when the market began to emerge. Considered one the nation’s authorities on the subject, Mr. Kirby has presented to a variety of financial services professionals, is a former Board Member of the Life Settlement Association of America, and regularly serves on industry panels to raise awareness of the industry.
Shane McGonnell
Shane McGonnell started in the Financial industry in 1997. With over 20 years experience, McGonnell has a heavy focus on Life Settlements and Estate Planning Insurance Advisory. This includes Life Settlements, Estate Tax Life Insurance coverage, Traditional Premium Financing, Indexed Annuities and Assisted Living and elderly care finances. Mr. McGonnell assists Financial Advisors and clients nationwide.
Matt Ganovsky
Matthew Ganovsky has played a leading role in the Life Settlement industry for 20 years and is considered one of the top experts in areas of origination and pricing. He is a co-founder of Abacus Settlements LLC, one of the Nation’s oldest and largest life settlement companies. Ganovsky oversees the firm’s Broker relationships and works with some of the largest fund managers in the market.
Samantha Butcher
Samantha Butcher graduated from the University of Florida with a Bachelors Degree in Mathematics and Business Administration. She has been in Life Settlements for the past 11 years and is currently working as the Director of Operations for Abacus Settlements. She currently manages and grows Abacus Settlements’ broker relations and policy acquisition from origination through contracting.
Jay Jackson
Jay Jackson is a highly experienced alternative asset manager and capital raise expert with proficiency in directing the entire fund portfolio and investor process. He has co-developed several funds, and has created significant value over market returns. Jackson joined Abacus Settlements in November 2016. He brought well over a decade’s worth of financial sector experience to his position with Abacus.
Dani S. Theobald
Dani Theobald received her Bachelor of Science Degree, summa cum laude, in 1995 from the University of Florida. She received her Juris Doctor Degree, cum laude, in 1998 from Florida State University. Ms. Theobald was admitted to the Florida Bar in 1998 and the Middle District of Florida in 1999. Ms. Theobald has extensive experience in corporate law, general liability litigation, insurance coverage/bad faith litigation, commercial litigation, construction defect defense and general personal injury defense. She has also handled numerous successful appeals.