Corey McLaren's New Role at Abacus Life: A Bright Future Ahead
Corey McLaren Joins Abacus Life as Managing Director
Abacus Life, Inc. is proud to announce the appointment of Corey McLaren as their new Managing Director in the Capital Markets division. This strategic move is poised to enhance the company’s operations significantly. Known for its expertise as a leading global alternative asset manager, Abacus Life focuses on lifespan-based financial products.
Corey McLaren's Background
Mr. McLaren is based in Boston and possesses almost twenty years of experience within the financial services industry. His career has been marked by over 15 years of dedicated business development and management specifically in the life settlements arena. Most recently, he served as the Director of Alternative Strategies at Spearhead Capital, where he effectively oversaw the operations of a life settlement investment fund.
Leadership Insight
Jay Jackson, the CEO of Abacus Life, expressed enthusiasm over Mr. McLaren’s arrival stating, "Corey brings a wealth of experience in the industry. His expertise will be instrumental in driving our strategic vision forward. We are excited to have him as a part of the ABL team." This sentiment underscores the pivotal role Mr. McLaren is expected to play in shaping the future of Abacus Life.
The Company’s Strategic Vision
In his new role, Mr. McLaren noted, "With a proven track record and an ambitious long-term growth strategy, Abacus is well-positioned for future success. I am thrilled to be a part of it." His vision aligns with the company’s ongoing commitment to innovating and expanding their market presence.
Abacus Life’s Breaking Innovations
Abacus Life is not only a market maker but also specializes in utilizing advanced technology related to longevity and actuarial strategies. Their aim is to create a high-return asset class of insurance products that are uncorrelated to market fluctuations. The company currently manages assets exceeding $2 billion, making it the only publicly traded global alternative asset manager focused strictly on lifespan-based financial products that are available on the Nasdaq exchange.
Expanding Horizons: New Verticals
Recently, Abacus Life has broadened its scope by investing in new verticals, including ABL Wealth, which aims to provide longevity-based wealth management services. Additionally, they introduced ABL Tech to deliver groundbreaking technology services that cater to pension funds, governments, and insurance companies. With real-time data tracking and analysis, Abacus Life aims to revolutionize how life insurance products are perceived and utilized.
What Lies Ahead for Abacus Life?
As the financial landscape continues to evolve, Abacus Life stands out for its innovative approaches and commitment to growth. Under Mr. McLaren's leadership, the firm is poised to optimize resources while enhancing strategic investments. His expertise could very well pave the way for a new era of financial opportunities within the organization.
Conclusion
Overall, Abacus Life is stepping into an exciting chapter with Corey McLaren's leadership in Capital Markets. The combination of Mr. McLaren's extensive experience and the company's innovative goals suggests a promising future as they redefine possibilities within the industry.
Frequently Asked Questions
Who is Corey McLaren?
Corey McLaren is the new Managing Director of Capital Markets at Abacus Life, bringing nearly two decades of experience in the financial services industry.
What role will Corey McLaren play at Abacus Life?
He will oversee the Capital Markets division, focusing on driving strategic growth and operations within the company.
What is Abacus Life known for?
Abacus Life is recognized as a leading global alternative asset manager specializing in lifespan-based financial products and life settlements.
What are the new verticals introduced by Abacus Life?
Abacus Life has launched ABL Wealth for longevity-based wealth management services and ABL Tech for providing advanced technology services.
Why is Abacus Life considered a unique investment opportunity?
With over $2 billion in assets and a focus on innovative financial products that are uncorrelated to market fluctuations, it offers unique investment prospects.
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