CLOs on the Move

Safeco Insurance Company of America

www.safeco.com

 
Safeco, in business since 1923, is a Fortune 500 property and casualty insurance company based in Seattle. The company sells insurance to drivers, home owners, and owners of small- and mid-sized businesses through a national network of independent agents
  • Number of Employees: 1K-5K
  • Annual Revenue: $250-500 Million

Executives

Name Title Contact Details

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Abacus Life

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.

Orion180

Orion180 is a homeowner`s insurance company built on our 3 pillars of success; Do More, Be More, Give More. Our technology allows us to Do More. While the rest of the insurance space languishes with legacy systems, Orion180 utilizes our innovative proprietary system to quote and bind within minutes. Now with the MY180 mobile app, agents can enjoy full quoting and bonding authority in the palm of their hands. Our culture allows us to Be More; for our insureds, our partner agents, our investors, and ourselves. Our culture of innovation and elevation is the bedrock of operation as we elevate agents to become impact players in their communities, and beyond. Orion180 challenges each team member, each team leader to Expect More from themselves. We foster a culture of service and excellence that manifests in our 4.8 Google rating, our above industry average for turnaround of claims, our A.M. Best rating, and our Star Outreach Program which is set to donate more than $500,000 to charitable causes in local communities in 2022. We pride ourselves in making people our passion. We make certain that we are the last line of defense for homeowners, and if tragedy ever strikes and help is needed, Orion180 will be there.