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Since 1887, Armed Forces Insurance (AFI) has existed with a single, unwavering purpose: To protect the people who protect our nation. So for more than 125 years, we`ve provided military homeowner insurance, military renter insurance, military auto insurance and much more to our members. AFI was originally formed and continues to be led by former military leaders who understand the unique challenges that come with military service. We proudly serve active, retired and former military personnel, their families and civilian Department of Defense employees. AFI is a "reciprocal exchange", a type of cooperative insurer in which the policyholders bear a relationship to each other. In effect, AFI is owned by the policyholders we serve. Our Subscribers` Advisory Committee (SAC), composed of active duty, reserve and retired military members, represents the insurance needs of members. The members of the SAC are also members of the Board of Directors, which oversees AFI business operations. Provide premium quality, competitively priced property and casualty insurance products and deliver fast, fair, and efficient claims and policy service to our members. Create a rewarding customer service experience for our members while strictly adhering to our core competency, underwriting. Protect our members from fortuitous loss and provide peace of mind. Be a premier property and casualty insurer, the insurance company of choice for our eligible membership: the uniformed services, former and retired members of the uniformed services, their children, and Department of Defense civilians.
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Abacus is a leading vertically integrated alternative asset manager specializing in longevity and actuarial technology that is democratizing the life insurance space through groundbreaking AI development and an industry first blockchain solution. 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 $2.9 billion in face value of policies purchased, Abacus has helped thousands of clients maximize the value of their life insurance. Over the past 18 years, the Company has built an institutionalized origination and portfolio management process that is supported by an 86-person team, long-term relationships with 78 institutional partners and 30,000 financial advisors, and the ability to operate in 49 states. The Company has serviced approximately $950 million in policies and has managed assets for large asset managers and third-party investment funds. Abacus` leadership team averages 20+ years of experience and consists of innovators since the life settlements industry`s inception in the mid-90s. The Company is a proud member of the Life Insurance Settlements Association (LISA) and complies with HIPAA and privacy laws to maintain and protect confidentiality of financial, health, and medical information. Abacus is also proud to be a BBB Accredited Business with an A+ rating.