3120 Breckinridge Blvd. NW
Duluth, GA 30099
Primerica was founded in 1977 as part of Citigroup, a major American Financial Service Company with over $1 trillion dollars in assets, until it was spun off in a $320 million initial public offering in 2010. The company is well known for its revolutionary crusade to change the industry of life insurance, advertising and selling affordable term life insurance to millions of North Americans.
Maintaining headquarters in Duluth, Georgia, Primerica is considered to be the largest independent insurance and financial marketing service provider in North America with more than 4.3 Million policyholders supported by over 100,000 highly skilled, licensed sales professionals all over the continent. These professionals use the company’s proprietary Financial Needs Analysis tool to help their customers manage their debt and protect their finances while saving for their retirement.
Primerica mainly provides insurance coverage and asset management services in North America offering term-only life insurance coverage and protection to all its customers. The Company operates as a distributor for Citigroup, servicing debt consolidation loans from Citibank as well as credit loans from CitiMortgage. Primerica also engages in the distribution and selling of insurance policies and annuities from other unaffiliated insurance companies such as MetLife, AGF and Legg Mason.
Primerica also provides business opportunities to existing and would-be entrepreneurs to distribute the company’s products and services either full-time or part-time with very minimal entry costs. The average working person can generate additional income without having to leave their current jobs with the assurance that the Primerica will provide them the support, technology and training needed to ensure individual growth in the business.
The Company has more than 2 million clients with a total of more than $25 billion dollars in assets maintaining their investments with the company. Primerica pays more than $2.5 Million dollars in benefit and insurance claims every day.
Primerica’s continued success is mainly due to its revolutionary idea of a unique distribution model, designed to address the financial needs of its customers, targeting the middle class market in a cost effective way, believing that this market has been ignored and neglected by traditional insurance companies that focus only on the wealthy. Even with the ever-changing economy, Primerica still stands as one of the top insurance providers in the country, remaining true to their commitment of providing exceptional and affordable service to everyone.
The company’s unique business model of aligning and balancing the interests of its clients, employees and shareholders, they believe, has earned them the trust of the customers, thus cementing their legacy and securing the Company’s future in the years to come.
In 2008, A.M. Best has affirmed the financial strength rating of A+ (Superior) with a stable outlook reflecting Primerica’s financial strength, profitability and positive liquidity profile.
Mr. D. Richard Williams is the Chairman of the Board and Co-Chief Executive Officer opposite Mr, John A. Addison. Mr. Gregory C. Pitts is the Chief Operating Officer while Ms. Allison S. Rand is the company’s Chief Financial Officer. Mr. Peter W. Schneider serves as the Chief Administrative Officer. Mr. Glenn J. Williams is Primerica’s President since 2005.