Primerica Announces Countrywide Event in Canada
July 03 2018 - 8:45AM
Business Wire
Opening New Canadian Head Office in
Mississauga, ON
Primerica, Inc. (NYSE:PRI) announced it is hosting its 2018
Canadian Convention on July 27-28, 2018, at the Toronto Congress
Centre. Billed as Primerica’s largest conference in Canada, the
meeting will draw attendees from coast-to-coast. The agenda focuses
on sales force training, achievement recognition, and client
initiatives for the remainder of 2018.
Primerica’s CEO, Glenn Williams, will share his vision for the
Company’s future at the conference. “We’re excited to bring
together thousands of Canadians from across the country to a
central event in Toronto,” said Williams. “This platform provides
the perfect opportunity for previewing initiatives and recognizing
the great successes of our Canadian sales force leadership.”
Williams noted that the timing of this event coincides with
Primerica Canada’s move into a new head office this month. “We will
remain in Mississauga as we relocate to 6985 Financial Drive, where
we will occupy over 43,000 square feet of leased office space that
has been completely designed to our specifications,” he said. “It
is a state-of-the-art office where we can conduct business,
continue to grow and add staff, and help more Canadian families
become financially independent.”
In the second quarter, Primerica Canada achieved a record 12,000
life insurance licensed representatives, solidifying its position
as the country’s largest life insurance sales force. This Canadian
growth helped the Company’s North American sales force surpass
130,000 life insurance licensed representatives as of June 30,
2018.
Williams highlighted that Primerica achieved a Company record
US$9.1 billion in Term Life insurance face amount issued in June.
For the second quarter, Primerica’s Term Life face amount issued
grew 2% over the prior year quarter. “Thanks to the hard work of
our sales force, many thousands of Main Street families throughout
North America now have life insurance protection,” he said.
In closing, Williams said the Company’s sales force is “a key
factor in our success” and thanked the field sales leaders for
their significant contribution. “I am extremely proud of the
leadership provided by our representatives. They continue to meet
the financial needs of record numbers of families, and I look
forward to all that we’ll accomplish in the future.”
About Primerica, Inc.
Primerica, Inc., headquartered in Duluth, GA, is a leading
distributor of financial products to middle income households in
North America. In Canada, Primerica is headquartered in
Mississauga, Ontario, where it has nearly 250 full-time employees.
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 and segregated funds through Primerica Life
Insurance Company of Canada, mutual funds through PFSL Investments
Canada Ltd., as well as debt consolidation loans, disability
insurance and other financial products, which it distributes
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. Across North America, Primerica
insured more than 5 million lives and had over 2 million client
investment accounts at December 31, 2017. 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”.
www.primerica.com
www.primericacanada.ca
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version on businesswire.com: https://www.businesswire.com/news/home/20180703005259/en/
Primerica, Inc.Investor:Kathryn Kieser,
866-694-0420investorrelations@primerica.comorMedia:Keith
Hancock, 866-694-0420Keith.Hancock@Primerica.com
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