Protective Life Insurance Company
Protective Life Insurance Company
2801 Highway 280 South
Birmingham, AL 35223
The Protective Life Insurance Company was founded in 1907 in Birmingham, Alabama by then Governor William Dorsey Jelks. The Protective Life Insurance Company prides itself with its philosophy of value-oriented management, centred on trust, integrity and commitment, instituted by its founder. After over 100 years, the company still follows that very same principle, now being upheld by all its corporate leaders. Protective Life Insurance Company maintains headquarters in Birmingham, Alabama and holds offices in key locations throughout the country.
From its humble beginnings, the company has now risen and recognized as one of the leading insurance providers in the country today. The company, a member of Fortune 1000 Companies, with subsidiaries offering financial products and insurance services, now caters to the hundreds of thousands to millions of policy holders throughout the country. The Protective Life Insurance Company is primarily a life insurance carrier specializing in term and permanent life insurance as well as annuity policies for families and individuals. Protective Life Insurance has estimated annual sales of $2.3 million dollars. The company also sells supplemental health and disability insurance, marketing all their products and services thru brokers and independent career representatives supported by an estimated 1,700 highly skilled insurance professionals employed by the company.
A.M. Best Co. provided an A+ (Superior) rating to the company with a stable outlook. Fitch and SSP gave a very strong review of AA- and AA respectively while Moody’s provided an Aa3 (Excellent) rating. The company trades in the New York Stock Exchange under the ticker symbol PL. Protective Insurance has an estimated $39.8 billion dollars in assets and revenues of about $2.7 billion dollars in 2006.
Mr. John D. Johns is Protective Insurance’s Chairman, President and Chief Executive Officer. He assumed the position in 2002 popularizing the phrase “Doing the right thing is smart business”, he believes that it captures all the elements of the company’s primary core values, business philosophy and principles. He is responsible for the company’s stable outlook and steady growth for the past 8 years.
Other key personalities in the company includes: Mr. Richard J. Bielen, Protective Life Insurance’s Vice-Chairman and Chief Financial Officer. Mr. Edward M. Berko holds the Executive Vice-President position and is also the Chief Risk Officer. Ms. Carolyn M. Johnson serves as Vice-President and Chief Operating Officer in the company. Ms. Deborah J. Long, JD is also Executive Vice-President, Secretary and General Counsel. Mr. Carl Thigpen also serves as Executive Vice-President and Chief Investment Officer. Mr. D. Scott Adams is Protective Insurance’s Senior Vice-President and Chief Human Resource Officer. Mr. Brent E. Griggs is also Senior Vice-President for Assets Protection and Ms. Carolyn King, FSA is Senior Vice-President for Acquisitions and Corporate Development. Mr. Steven Walker is Senior Vice-President, Controller and Chief Accounting Officer. Ms. Judy Wilson is Senior Vice-President for Stable Values Products.
Over the years, Protective Life Insurance continues to uphold their promise of providing high quality products and services, with the highest levels of integrity and trust, determined to meet the ever changing market demands and individual needs of all their current and future customers.