steve christensen

Insurance, Software, and Investments in Newport Beach, CA, United States

Steve believes that his professional work is not merely about building a bank account or even a career; he’s building a life that fully integrates personal and professional pursuits into a single framework of meaning and purpose.

Alongside his partner from SGC, Steve co-founded Abora Capital and Abora Insurance Group, acquiring over 15 insurance agencies and books of business, consolidating them into a unified company culture that achieved peak performance. For every $10 million in capital deployed, the company realized a recurring annual EBITDA of $1.8 million (audited by PWC), ultimately achieving an annual internal rate of return (IRR) of 51%. Abora was named the best insurance agency in the markets it served and maintained the highest levels of employee satisfaction. Prior to Abora, Steve was a Partner at SGC, a boutique investment firm where he first learned the art of investing in Insurance Distribution and Payment Services. SGC recycled over $150 million in capital, with an average annual IRR of 54% in the Payment Services Industry and 47% in the Insurance Industry, and maintained a loan default rate of less than 1%. Prior to that, Steve grew his first company (a regional telecom) into the fourth largest fiber-to-the-home provider in the country—the first to deliver telephone, TV, and internet over a single IP connection to the home (2003). By locating support staff and facilities deep in the neighborhood, the company’s customer satisfaction ratings topped 88% which distinguished the company as a leader in its industry.

Steve began his career raising seed capital for Bernard Daines, one of the early pioneers in fiber-optic networking who had sold his previous two companies for over $300 million each to Cisco and Alcatel. Raising seed capital for a visionary like that served as the inspiration for Steve to launch his own fiber-optic networking company.

Steve was honored as an ACG Dealmaker of the Year finalist and named to Utah’s 40 Under 40 Entrepreneurs list. A former college football player, he earned Academic All-Conference and Scholar-Athlete distinctions. Today, he channels his lifelong curiosity into astrophysics—his passion project. “Anum” (Anum Ventures) stands for “Astra Numerans,” or “Counting the Stars,” reflecting Steve’s gratitude, optimism, and his enduring love of physics.

  • Work
    • Anum Ventures, Abora Capital