Primerica sales force growth buoys 2016 performance
The company’s ranks of licensed US and Canadian representatives grows by 9%
Primerica sales force growth buoys 2016 performance
INSURANCE NEWS
By Allie Sanchez
05 Jan 2017
Major insurer Primerica is set to release performance figures for the fourth quarter of 2016 in February, but a peek into preliminary data reveals robust growth led by a boost in the firm’s sales force.

A report by Business Wire revealed that Primerica’s north American operations benefitted greatly from a 15% year on year addition of new representatives, while life insurance licenses grew by 12% in the same period.

Meanwhile, the firm issued almost $90 billion in new term life insurance face amount, as term life insurance policies face amount totaled $728 billion.

Investment and savings product sales reached $5.5 billion as client asset values increased to more than $51 billion.

“Our field force is the most important factor of our success, and I am proud of the leadership provided by our representatives and their outstanding performance,” Primerica chief executive Glenn Williams said in the wire report.


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