Cash Flow
OK So let me tell you just a little about our company. Have you ever heard of Primerica?
Okay well Primerica started in 1977 with eighty-five people, mostly teachers and coaches, actually a teacher and a coach started our business.
OK And today we've got over 4 million lives insured and more than 2 million client investment accounts. All right so we've been doing what we've been doing for a long time very successfully. We do business in the United States, Canada and Puerto Rico okay so mainly in North America. We're the largest financial services marketing organization in North America and we have the largest sales force in both the insurance and the securities industry. We are also listed on the New York Stock Exchange under the symbol P.R.I. So we're actually a publicly traded company so now if you wanted some information about us it's all public information.
OK and we've done all of this without any national T.V. or radio advertising. So everything that we do is very much word of mouth. It's really one satisfied client referring us to another, or somebody who sees our concepts feels good about them and introduces us to a friend, or a new associate who's excited about the business introducing us to a friend or family member. So that's how we do our business.
OK And although we don’t advertise there's been a lot of third party articles written about our company. I think what's really important is the companies that believed enough in us to make an early investments in our company. Companies like Warburg Pincus invested a lot of money in our company because they did the research and they realized that we were very special how we help families. We are also a credited member of the Better Business Bureau and we have an A plus ratings through AM BEST, they are a company that rates the financial strengths of insurance companies. OK So that's just a little bit about us.
OK any questions on that? So let me kind of dig in here.
(only say this if you have the flip chart)
So as I go through I'm not going to go through this whole deck here today just about ten pages OK.
Okay well Primerica started in 1977 with eighty-five people, mostly teachers and coaches, actually a teacher and a coach started our business.
OK And today we've got over 4 million lives insured and more than 2 million client investment accounts. All right so we've been doing what we've been doing for a long time very successfully. We do business in the United States, Canada and Puerto Rico okay so mainly in North America. We're the largest financial services marketing organization in North America and we have the largest sales force in both the insurance and the securities industry. We are also listed on the New York Stock Exchange under the symbol P.R.I. So we're actually a publicly traded company so now if you wanted some information about us it's all public information.
OK and we've done all of this without any national T.V. or radio advertising. So everything that we do is very much word of mouth. It's really one satisfied client referring us to another, or somebody who sees our concepts feels good about them and introduces us to a friend, or a new associate who's excited about the business introducing us to a friend or family member. So that's how we do our business.
OK And although we don’t advertise there's been a lot of third party articles written about our company. I think what's really important is the companies that believed enough in us to make an early investments in our company. Companies like Warburg Pincus invested a lot of money in our company because they did the research and they realized that we were very special how we help families. We are also a credited member of the Better Business Bureau and we have an A plus ratings through AM BEST, they are a company that rates the financial strengths of insurance companies. OK So that's just a little bit about us.
OK any questions on that? So let me kind of dig in here.
(only say this if you have the flip chart)
So as I go through I'm not going to go through this whole deck here today just about ten pages OK.