ELSA Welcomes Abacus Life as a New Member, Expanding Membership to 37
[London, UK, 22nd October 2023] – The European Life Settlement Association (ELSA), a leading industry association dedicated to promoting transparency and best practices within the life settlement market, is pleased to announce that Abacus Life has joined as its newest member. Abacus Life’s membership marks the fourth new addition this year, further strengthening ELSA’s growing network and reinforcing its influential role in shaping the life settlement industry.
ELSA now boasts a membership of 37 organisations, reflecting the association’s continuous growth and prominence within the industry. The addition of Abacus Life further expands ELSA’s reach, allowing for increased collaboration and knowledge sharing among industry leaders, regulatory experts, and policymakers.
Chris Wells, Executive Director at ELSA, commented: “We are pleased to extend a warm welcome to Abacus Life as a valued addition to the European Life Settlement Association. The growing presence of leading organisations within ELSA underscores our unwavering commitment to promoting best practices and transparency in the life settlement market. We eagerly anticipate Abacus Life’s valuable contributions and collaboration as we continue to advocate for the interests of life settlement investors.”
ELSA members represent some of the top firms in their respected fields and we’re honored to join the association. We look forward to networking and collaborating with everyone.
ELSA’s membership provides organisations such as Abacus Life with unique opportunities to engage in industry initiatives, conferences, and educational programs that foster growth, knowledge, and best practice.
“ELSA members represent some of the top firms in their respected fields and we’re honored to join the association,”, said Jay Jackson, CEO of Abacus Life. “We look forward to networking and collaborating with everyone.”
About Abacus Life (ABL)
Abacus Life (ABL) is an alternative asset originator and manager that specialises in life insurance products. Since 2004, the company has purchased life insurance policies from consumers seeking liquidity and has actively managed those policies over time (via trading, holding, and/or servicing). With over $4.6BN in face value of policies purchased, Abacus has helped thousands of clients maximise the value of life insurance.
About European Life Settlement Association (ELSA):
The European Life Settlement Association (ELSA) was founded in 2009 to set standards for participants in the European life settlement industry. ELSA represents institutional investors, life settlement asset managers, and service providers to the life settlement market both in Europe and around the world, promoting transparency by providing accurate, authoritative information to investors, regulators, and the media. For more information visit www.elsa-sls.org.