Abacus Life President and CEO Jay Jackson

What is your life insurance policy worth while you’re still
living? This week, we speak with Abacus Life President and
CEO Jay Jackson who may just want to buy yours.


Abacus Life has made a business of buying consumer life insurance
policies for upfront payments and holding them until maturity.


To help bring this particular kind of transaction more into the
mainstream, Abacus Life announced a $618 million combination
with East Resources Acquisition Company on August 30.


He explains how these policies can be bundled together to create
uncorrelated assets that are attractive to institutions for
hedging, and why he sees a SPAC deal as the right way to fuel the
growth of Abacus Life’s model.