ENCINO, Calif., July 11, 2017 /PRNewswire/ -- Primerica, Inc.
(NYSE: PRI), a leading distributor of financial services to Main
Street families throughout North
America, along with Answer Financial®, one of the
nation's largest auto and home insurance agencies, are pleased to
announce ten years of successful partnership.
In 2007, Primerica noticed some of its potential clients lacked
the financial means necessary to implement a sound financial plan
and recognized the important role auto and home insurance could
play in helping those clients. It then began to pursue a
relationship with Answer, in an effort to help consumers compare
rates and coverages from more than 20 top-rated insurance companies
to see if they could be saving on their premiums.
The two industry leaders joined forces to launch Primerica
Secure, a white-labeled auto and home insurance program that allows
Primerica's representatives to refer clients to a team of Answer's
US-based licensed agents. The auto and home insurance program
enables Primerica representatives to help their clients find the
right coverage and price for their auto and home insurance
needs.
During their 10 years of partnership, Answer has served
approximately 400,000 Primerica customers, helping them save on the
important protection they need for their cars and homes. On auto
insurance alone, Answer customers save an average of $451 a year1.
"The partnership between Primerica and Answer was a natural step
for us, as we're both in the business of protecting families and
their most valued assets by helping them find the best coverage
possible for their budget," said Glenn
Williams, Primerica CEO. "Answer routinely exceeds the
expectations of both our sales force and clients, and we look
forward to serving many more families through our partnership."
"Many successful Primerica life insurance representatives
leverage Answer's auto and home insurance program to help their
clients save money on their premiums while still getting the
coverage they need," said Rob
Slingerland, Answer Financial CEO. "Once Primerica clients
become policyholders with Answer, we provide additional services
like Rate Tracker, which automatically shops auto insurance rates
at renewal time, and the Answer Mobile app for quick access to
digital ID cards, policy information, roadside assistance, and
click-to-call claims."
To explore Answer's partnership opportunities, visit
b2b.answerfinancial.com.
1 Results of a national survey of new Answer
Financial customers reporting auto insurance savings in 2016.
About Primerica, Inc.
Primerica, Inc., headquartered
in Duluth, GA, is a leading
distributor of financial products to middle income households in
North America. Primerica
representatives educate their Main Street clients about how to
better prepare for a more secure financial future by assessing
their needs and providing appropriate solutions through term life
insurance, which we underwrite, and mutual funds, annuities and
other financial products, which we distribute primarily on behalf
of third parties. In addition, Primerica provides an
entrepreneurial full or part-time business opportunity for
individuals seeking to earn income by distributing the company's
financial products. We insured approximately 5 million lives and
have over 2 million client investment accounts at December 31, 2016. Primerica stock is included in
the S&P MidCap 400 and the Russell 2000 stock indices and is
traded on The New York Stock Exchange under the symbol "PRI."
About Answer Financial® Inc.
Answer
Financial, through its agencies Insurance Answer Center and Right
Answer Insurance, is one of the largest independent personal lines
agency operations in the nation, providing auto and home insurance
policies directly to consumers and through a broad network of
marketing partners. Answer Financial serves the growing segment of
self-directed consumers searching for the best way to save money on
insurance by providing one easy place to shop, compare, and buy
insurance. By leveraging technology and partnerships with
top-rated insurers, Answer Financial can provide real-time
comparison rates for virtually every consumer. Customers can
purchase online or over the phone with the guidance of an insurance
expert. Answer Financial is a member of the Allstate family of
companies.
www.AnswerFinancial.com
PR Contact:
Breanna Buhr
JMPR Public Relations
818-992-4353
bbuhr@jmprpublicrelations.com
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SOURCE Answer Financial Inc.