Protective Life Corporation · Birmingham, AL United States ·(NYSE: PL)
Company Description
Phone: 205-268-1000
Fax: 205-268-3196
Toll Free: 800-866-3555
Rankings
- S&P 400
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Protective Life wants to cushion its customers from the nasty blows of life and death. The company focuses on life insurance products sold through its Life Marketing business segment (via its own agents, independent agents, worksite plans, and financial institutions). Its Acquisitions segment brings in blocks of life insurance policies sold elsewhere. The company's Asset Protection segment sells extended service contracts and credit life insurance through auto and marine dealers nationwide. Other products include annuities and guaranteed investment contracts (GICs) for 401(k) plans. The company operates through subsidiaries Protective Life Insurance and West Coast Life Insurance . To read the full description, subscribe now.
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Key Protective Life Corporation Financials
| Company Type | Public - NYSE: PL Headquarters |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2,505.6 |
| 2008 Employees | 2,372 |
Protective Life Corporation Executives
50 executives listed for Protective Life Corporation's Birmingham, AL location.
| Title | Name & Bio | Contact |
| Chairman, President, and CEO | John Johns | Network |
| Vice Chairman and CFO | Richard Bielen | Network |
| EVP and COO | Carolyn Johnson | Network |
Competition
Competitive Landscape for Protective Life Corporation
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top Protective Life Corporation Competitors
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