by Primerica Atlanta Convention Calendar 2023 – Glenn Williams, CEO of Primerica, announced a $50,000 award for the Orange Duffel Bag Initiative during the 2015 Primerica conference in Atlanta. (Photo: Business Wire)
DULUTH, Ga.–(Antara/BUSINESS WIRE)– Primerica, Inc. (NYSE: PRI), a leading seller of financial products for middle-income families in North America, announced today that the Primerica Foundation, the company’s philanthropic arm, has awarded a grant of $50,000 to the non-profit organization The Orange Duffel Bag. Determination (ODBI) . Grant funds will support ODBI’s program that supports Georgia’s homeless, at-risk, or aging youth from the foster care system.
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The presentation was made at the opening session of the Primerica International Convention at the Georgia Dome in Atlanta, which was attended by approximately 40,000 people. Primerica CEO Glenn Williams presented the grant award to ODBI co-founder Sam Bracken.
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“Primera is a company that cares – and we don’t just say it – we show it every day,” said Williams. “It is unthinkable that thousands of young people in Georgia will be homeless or will soon be too old to enter the foster care system.” These children did not choose to be in this situation and deserve a chance for a better future. We appreciate the great work done by ODBI and are proud to support this great organization.
“ODBI is grateful to Primerica for trusting Georgia’s most vulnerable students and investing in their future success. Together we are breaking the cycle of poverty and changing the course of their lives,” said Sam Bracken, founder- together with The Orange Duffel Bag Initiative and. co-author of My Orange Duffel Bag: A Journey of Positive Change. Bracken was once a homeless youth who played football for Georgia Tech, and is now with Franklin Covey. he was a manager.” The phrase “orange duffel bag” refers to the point in Bracken’s life when everything he owned was packed into an orange duffel bag. orange duffel.
Studies show that among Georgia youth who voluntarily leave care, less than 20% will earn a high school diploma, about 40% will be homeless, and about 60% will commit a crime. More than half of the children who are raised in the United States are victims of their own theft. Public schools reported 1.2 million K-12 students experiencing homelessness; 35,000 are from Georgia.
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The Primerica Foundation has been donating funds to ODBI since 2013. Funds are used to purchase laptops for students who graduate from the program, transportation for young people attending ODBI, and other program expenses. More than 500 young people have graduated from the ODBI program.
Founded in 2011, the Primerica Foundation focuses on supporting organizations and programs that help low- to moderate-income people make a living. “The work done by The Orange Duffel Bag Initiative is a perfect fit for our philanthropic mission,” said Karen Fine Saltel, president of the Primerica Foundation.
Primerica, Inc., headquartered in Duluth, GA, is a leading marketer of financial products for middle-income families in North America. Primerica agents educate their Main Street customers on how to prepare for a more secure financial future by assessing their needs and providing the right solutions with term life insurance, which we cover, and mutual funds, Annuities and other financial products, which we need a lot. distribute. On behalf of a third party. In addition, Primerica offers full-time or part-time business opportunities for people who wish to earn money by distributing the company’s financial products. We insured more than 4 million life and 2 million customer investment accounts as of December 31, 2014. Primerica shares are included in the S&P MidCap 400 and Russell 2000 stock indices and are traded in New York Stock Exchange under the ticker symbol “PRI.” Beginning Wednesday, approximately 40,000 people will gather at the Georgia Dome in Atlanta for the 2015 Primerica conference. (Photo: Business Wire)
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DULUTH, Ga.–(Antara/BUSINESS WIRE)– Primerica, Inc. (NYSE: PRI), the leading provider of financial products to middle-income families in North America, announced today that in the second quarter of 2015, the company achieved its best sales results and distribution since its IPO in 2010. building on the 2015 convention, which was held July 15-18, 2015, at the Georgia World Convention Center and the Georgia Dome in Atlanta, GA.
“We are pleased that during the second quarter of this year, the Primerica team achieved record-breaking results in several key areas of our business. First, our licensed life insurance sales of sales grew to more than 101,000 agents, which is “Again for the second time. In the quarter, we achieved a 20 percent increase in hiring and a 14 percent increase in life insurance, “said Glenn Williams, CEO of Primerica. The insurance policies issued compared to the period last year.”
Williams notes that Primerica’s Investment and Savings Products (ISP) business has performed extremely well over the past 5 years. “During the second quarter of this year, our ISP sales increased by 9 percent which was a record performance for the same period in 2014,” he said. “Middle-income families are responding well to the wide range of investment and savings products we sell, and it’s clear that they want and need the kind of financial and investment education and advice that our franchisees have. I’m proud of this field leadership and office team at our agency to drive Primerica’s strong results so far this year and make a difference in the lives of families on Main Street. We’ll be celebrating our accomplishments More As we enter the Georgia Dome for our 2015 convention, which opens today.
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The Primerica convention is the city’s largest business convention, with an estimated 40,000 attendees and an estimated $34 million economic impact on Atlanta.
“The Primerica conference provides a great opportunity for us to celebrate our achievements and round out the year,” he said. “This event will bring thousands of our team to Atlanta where they will learn from powerful leaders, attend workshops and seminars, and develop their skills. We will use this forum to build on the momentum we have achieved in 2015. In the first phase as we work to maximize the opportunities ahead for Primerica, our customers and our field leaders. We are all looking forward to what the next four days have in store, and we have hope to continue our momentum throughout the remainder of 2015.
Primerica, Inc., headquartered in Duluth, GA, is a leading marketer of financial products for middle-income families in North America. Primerica agents educate their Main Street customers on how to prepare for a more secure financial future by assessing their needs and providing the right solutions with term life insurance, which we cover, and mutual funds, Annuities and other financial products, which we need a lot. distribute. On behalf of a third party. In addition, Primerica offers full-time or part-time business opportunities for people who wish to earn money by distributing the company’s financial products. Primerica protected the lives of more than 4 million people and had more than 2 million customer financial accounts as of December 31, 2014. PRI.” Thousands of agents Primerica and their teams are expected to gather in Atlanta for the 2019 Primerica International Convention in a few days.
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The company’s key event – which takes place every two years – celebrates its return to its home country after the 2017 meeting held during the construction of the new Mercedes-Benz Stadium Indianapolis.
“Our meetings give us a good opportunity to celebrate our achievements and plan the educational program for the rest of the year. We look forward to this event bringing together thousands of our team at the Mercedes-Benz Stadium in Atlanta where they will learn from powerful leaders, attend workshops and seminars and improve their skills,” said Glenn Williams, CEO of Primerica, in the announcement. of media. This merger will help us expand the many opportunities that lie ahead for Primerica, our customers and our agents. Primerica remains well positioned to meet the growing needs of middle class families. in North America for years to come.
Business meetings that host more than 50,000 people will be held at the stadium, and the nearby Georgia World Convention Center will host an exhibition space and business-building workshops that will host thousands of Primerica representatives. from North America.
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Read more about the impact of this year’s convention in Atlanta in the press release issued by the Atlanta Convention and Visitors Bureau. Primerica is a financial services company serving the middle income markets of the United States, Canada, Puerto Rico and Guam. In 1977, we launched our philosophy of “Buy Term and Invest the Difference” which addresses the two most important financial needs that almost every family faces – security of money through term life insurance and future investment plan.
Primerica uses our free, confidential and personalized Financial Needs Analysis (FNA) to help clients understand where they stand financially and create a roadmap.
