AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Abacus corporation survey inc12/6/2023 ![]() was publicly traded until it exited bankruptcy on Aug. 11, up 3.73% from $7.51 at the previous closing.Īt least several other companies in life settlements are publicly traded although one company is small, Sundance Strategies Inc., and life settlements are not a big part of much larger companies such as Apollo Global Management Inc. It was trading at $7.79 a share at 3:36 p.m. (ERES) and the company went public on Nasdaq. Romaine stated that “Abacus is in a unique position as the only publicly traded life settlement company and I am looking forward to helping the company attain its exciting growth objectives.”Ībacus was privately owned until a de-SPAC closed on June 29 with East Resources Acquisition Co. ![]() “Chris has great experience working in the specialty insurance industry and Abacus is paving the path for transparency and enhanced education for life settlements.” “We’re thrilled to welcome Chris to the Abacus team to advise the company through our next phase of growth,” Abacus CEO Jay Jackson stated. Romaine will work with Abacus’s leadership team to enhance its legal, compliance and other operations, the company said. Year to date, Abacus Life Inc’s stock is down 38.5. Over the last year, Abacus Life Inc has hit prices as high as 11.43 and as low as 5.47. During the month of October, Abacus Life Inc’s stock price has reached a high of 7.43 and a low of 6.01. He also had been COO at Fortegra for two years.īefore Fortegra, he was managing counsel at Toyota Financial Services for three years, counsel at MBNA America Bank NA for four years and an associate at Dow Lohnes PLLC for two years, his profile said. Abacus Life Inc’s ( ABL) price is currently down 11.13 so far this month. A survey of 1,100+ full-time employees reveals which negative HR experiences. ![]() He previously worked at Fortegra, an insurance company, for 12 years and nine months, where he most recently held positions in Jacksonville, Fla., as executive vice president and general counsel, according to his LinkedIn profile. Romaine has 25 years of experience in global specialty insurance, financial services and corporate development. 11, it had retained Romaine to advise and serve on the firm’s executive leadership team.Ībacus has consistently been the second biggest buyer in the secondary market, including last year with purchase of 487 policies with $769 million in face value, according to the annual survey by The Life Settlements Report based on information reported to state insurance departments. The Orlando, Fla.-based life settlement provider said Monday, Sept. 2 buyer in the life settlement market, said it has hired Christopher Romaine as its general counsel. Keep up the good work Joe and pass on my thanks to the team.Abacus Life Inc. I would use Joe and his team again without hesitation if I was to build again and in fact I have them working on designing a shop that ties into the look of the house and proportioned to the site. As we had questions while watching the project we received answers right away and in a way we could understand. The oversight of the trades was done very well and everyone from our perspective did a good job. Many of our assumptions and what friends told us were completely wrong, Joe was very good at explaining he process and how it happens, he also explained that from start to finish it would be 4 months, he was right, nailed the close date and gave us the keys as promised. We found a 3 acre parcel off of Fair Grounds Road in Orillia we liked and so we started talking with Joe about a build. We had decided to move from a home we had been in for 10 years and had been looking a what was on he market, we just couldn't find something that hit all our requirements so we thought we would investigate the building option. Your teams flexibility and willingness to work with us as we navigated the concept, design and build truly made something my wife and I thought would be difficult very enjoyable. "Joe I just wanted to reach out and thank you and your team for a fantastic home building experience, we've been in the home for just over 2 years.
0 Comments
Read More
Leave a Reply. |