And the beauty about our marketplace is that a significant number of people in our targeted demographic is not an income demographic, is not saturated. So when we sell more, we are not having to take market share from somebody else. Over 50% of that population doesn't have life insurance, and then it's even more significant when you talk about underinsured or they just get a little bit through work that doesn't travel with them because it's a group policy.
Apr 23, 2026 / receipt, needs a key / Unstated CFO/CEO, other | earnings call 2026-04-23 | transcript d81c2b45-976f-4e5b-ab88-962fb0a7c89d | chars 52361-52821 | segment 52
For the full year, we expect administrative expenses to grow around 11% and be around 7% of premium, due primarily to higher IT and information security costs, employee costs, an increase in travel and facilities costs, and the addition of the Globe Life Benefits Division.
Jul 28, 2022 / receipt, needs a key / Gary Coleman, CEO | earnings call 2022-07-28 | transcript 75638877-e6d9-4a31-8058-2562c9a2aa34 | chars 2499-2772 | segment 2
That's due primarily to higher IT and information security costs, employee costs, a gradual increase in travel and facility costs, and the addition of the GloBlock benefits division.
Apr 21, 2022 / receipt, needs a key / Gary Coleman, CEO | earnings call 2022-04-21 | transcript e991c5d2-eeb4-4853-82e5-ffd3cfaebd11 | chars 2660-2842 | segment 2
Great. And then my follow-up question with employment market hot makes it more challenging for commission-like job recruitment. Can you maybe talk about the tools that are being brought to existing producing agents to drive productivity gains? Thank you. I think that it's not necessarily tools, but we obviously have additional technology we've entered where we've given the agents starting in 2019, 2020, and 2021 so they can better recapture leads and are more efficient with the virtual presentations in terms of more presentations and it's a lower cost of them because there's not the travel involved.
Feb 3, 2022 / receipt, needs a key / John Baronage, other | earnings call 2022-02-03 | transcript 8b3d56f5-590d-4d07-8c44-1a47d9f7ff71 | chars 35069-35675 | segment 36
In 2022, we expect administrative expenses to grow 9% to 10% and be around 6.8% of premium, due primarily to higher IT and information security costs, employee costs, a gradual increase in travel and facilities costs, and the addition of Globe Life benefits division.
Feb 3, 2022 / receipt, needs a key / Gary Coleman, CEO | earnings call 2022-02-03 | transcript 8b3d56f5-590d-4d07-8c44-1a47d9f7ff71 | chars 3399-3666 | segment 3
Administrative expenses, For 2022, we expect to be up around 8%. That includes about $4 million for Beasley. Excluding that, the expenses will be up 7%. And it's, again, we will see higher information technology and information security costs, also slightly higher travel and facility costs as well.
Oct 21, 2021 / receipt, needs a key / Eric, other | earnings call 2021-10-21 | transcript 4dd32d65-6f98-4922-83e3-41b2c2b6ff34 | chars 32321-32620 | segment 32
For the full year, we expect administrative expenses to grow 8% to 9% and be around 6.7% of premium due primarily to higher IT and information security costs, higher pension expense, and a gradual increase in travel facilities costs.
Oct 21, 2021 / receipt, needs a key / Frank Svoboda, CFO | earnings call 2021-10-21 | transcript 4dd32d65-6f98-4922-83e3-41b2c2b6ff34 | chars 2686-2919 | segment 2
You know, agents are now able to make more presentations. They spend less time away from home, and they incur far fewer travel expenses.
Oct 21, 2021 / receipt, needs a key / Jim, other | earnings call 2021-10-21 | transcript 4dd32d65-6f98-4922-83e3-41b2c2b6ff34 | chars 26415-26551 | segment 26
And again, as I stated earlier to Jimmy, the ability to sell the digital presentation has made that agent opportunity much more attractive as agents are now able to make more presentations, they can utilize leads better, they can work from home, they incur far fewer travel expenses.
Oct 21, 2021 / receipt, needs a key / Jim, other | earnings call 2021-10-21 | transcript 4dd32d65-6f98-4922-83e3-41b2c2b6ff34 | chars 30181-30464 | segment 30
For the full year, we expect administrative expenses to grow 8 to 9% and be around 6.7% of premium, due primarily to increased IT and information security costs, higher pension expense, and a gradual increase in travel and facility costs.
Jul 22, 2021 / receipt, needs a key / Frank Svoboda, CFO | earnings call 2021-07-22 | transcript 222e2a26-93ec-4ced-9499-c44281ac1614 | chars 2746-2984 | segment 2
For the full year, we expect administrative expenses to grow 7% to 8%, and be around 6.7% of premium due primarily to higher pension costs, IT and information security costs, as well as a gradual increase in travel and facilities costs.
Apr 22, 2021 / receipt, needs a key / Gary Coleman, CEO | earnings call 2021-04-22 | transcript 435759a7-37cd-4df5-92bb-e797f73b0db6 | chars 2890-3126 | segment 3
In 2021, we expect administrative expenses to grow 7% to 8% and be around 6.7% of premium due primarily to higher pension costs, higher IT and information security costs, and a gradual increase in travel and facilities costs.
Feb 3, 2021 / receipt, needs a key / Gary Coleman, CEO | earnings call 2021-02-03 | transcript 28ce8093-7c07-439c-8b15-c62ed667d742 | chars 2734-2959 | segment 2
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company_statement / Sep 16, 2026 / receipt
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company_statement / Sep 11, 2026 / receipt
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| Frank Sabota | CEO | - | receipt |
| Frank Svoboda | CFO | - | receipt |
| Gary Coleman | CEO | - | receipt |
| Larry Hatchison | CEO | - | receipt |
| Larry Hutchinson | CEO | - | receipt |
| Larry Hutchison | CEO | - | receipt |
| M. Shane Henrie | Vice President and Chief Accounting Officer | - | receipt |
| Matt Darden | CEO | - | receipt |
| Thomas P. Kalmbach | Executive Vice President and Chief Financial Officer | - | receipt |
| Tom Kombach | CFO | - | receipt |
| 2022-10-26 | Executive Vice President and Chief Financial Officer, appointed | sec_8k |
| 2019-03-04 | Vice President and Chief Accounting Officer, appointed | sec_8k |