KUBRA Announces E-Payments Contract With Primerica
MISSISSAUGA, ONTARIO -- (Marketwire) -- 01/14/13 -- KUBRA, a customer
interaction management solution provider, today announced it has
signed an agreement with Primerica Life Insurance Company, a
subsidiary of Primerica Inc., to provide e-payment solutions.
Primerica is the largest financial services marketing firm in North
America, insuring 4.3 million lives with $656 billion of face amount
in force and over 2 million investment accounts with $35 billion in
assets. Primerica will leverage KUBRA EZ-PAY(TM) to facilitate past
due and emergency payments from policy holders in Canada and the U.S.
"We are excited to provide this one-time on-demand payment solution
to Primerica's life insurance clients in North America," said Rick
Watkin President & CEO of KUBRA. "The KUBRA EZ-PAY product will
provide Primerica with a key solution to support a segment of their
customer base that needs to process one-time and often last minute
payments online and over the phone."
"We are thrilled our clients can now make one time payments with a
debit or credit card," said Jan Trantham Executive Vice President for
Primerica Financial Services. "This method of payment has only been
available for a few weeks and already we've had hundreds of clients
take advantage of the service. Our clients' response has proven this
to be a convenient and long awaited way to pay."
The KUBRA EZ-PAY solution with be used to process on-demand one-time
payments via automated Phone, Call Center Assisted, and Web channels
across multiple payment types.
KUBRA provides customer interaction management solutions to some of
the largest utility, insurance, financial services, health care, and
communication companies across North America. Our portfolio of
integrated multi-channel outsource solutions include document print
and mailing, e-billing and self-service, document management, and
payment solutions. With over 500 clients and 1 billion customer
interactions annually KUBRA enables innovative performance-driven
value to its clients every day.
Primerica, Inc., headquartered in Duluth, GA, is a leading
distributor of financial products to middle-income families in North
America. 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, which we underwrite, and mutual funds, annuities
and other financial products, which we distribute 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. We
insure more than 4.3 million lives and approximately 2 million
clients maintain investment accounts with us. Primerica is a member
of the Russell 2000 stock index and is traded on The New York Stock
Exchange under the symbol "PRI".
SVP Sales, Marketing & Client Relations
1-800-766-6616 ext 233
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