Solei Systems Inc. (fka SOLI)

[InTheTrees]

Also, the newly appointed VP of Sales is from a large company (TMK) traded on the NYSE. This individual was previously a 'Flagship Agent' at Torchmark Corporation, serving 25+ years at the company, and was "ranked among the top 1% of life producers in the life insurance industry for the last 18 years."


The TMK's 2018 financial states the following:

CONTINUING INSURANCE OPERATIONS – comparing the fourth quarter 2018 with fourth quarter 2017:

Life insurance accounted for 73% of the Company’s insurance underwriting margin for the quarter and 70% of total premium revenue. Health insurance accounted for 25% of Torchmark’s insurance underwriting margin for the quarter and 30% of total premium revenue.

Net sales of life insurance were flat, while net health sales increased 5%.

Seems like this is in part due to our newly welcomed VP of Sales making their exit!

INSURANCE PREMIUM REVENUE
(Dollar amounts in millions)
(unaudited)
Quarter Ended
| December 31, 2018 || December 31, 2017 || % Chg. |
Life insurance | $ 600.2 || $ 580.7 || 3 |
Health insurance | $ 256.9 || $ 245.8 || 5 |
Total | $ 857.1 || $ 826.5 || 4 |

SOLI(d) LONG