Abacus is a Managing General Agent for specialty insurance products distributed online.
Founded in 1982, Abacus Insurance Brokers, Inc. is a privately held insurance brokerage headquartered in Santa Monica, California.
In 1998, Abacus launched its internet initiative of becoming a Managing General Agent for specialty insurance products that are distributed entirely online.
Through the proprietary Abacus platform, brokers access specialty programs from top-tiered insurance companies. Lines and coverages from different carriers are assembled into a single integrated quote. The Abacus platform performs all aspects of the insurance transaction including quoting, order placement, policy issuance and endorsing.
The Abacus programs are distributed nationwide and accessed by 3,000 retail insurance broker offices, representing 10,000 insurance professionals.