Protective Life Corp (NYSE:PL)

Real-Time Quote
 +0.025 / +0.04%
Today’s Change
Today|||52-Week Range
Life/Health Insurance

Company Description

Protective Life Corp. is a holding company with subsidiaries that provide financial services through the production, distribution, and administration of insurance and investment products. It markets individual life insurance, credit life and disability insurance, guaranteed investment contracts, guaranteed funding agreements, fixed and variable annuities, and extended service contracts throughout the United States. The company operates its business through six segments: Life Marketing, Acquisitions, Annuities, Stable Value Products, Asset Protection and Corporate and Other. The Life Marketing segment markets universal life, variable universal life, bank-owned life insurance, and level premium term insurance products on a national basis primarily through networks of independent insurance agents and brokers, stockbrokers, and independent marketing organizations. The Acquisitions segment focuses on acquiring, converting, and servicing policies acquired from other companies. This segment primarily focuses on life insurance policies and annuity products that were sold to individuals. The Annuities segment markets fixed and variable annuity products. These products are primarily sold through broker-dealers, financial institutions and independent agents and brokers. The Stable Value Products segment sells guaranteed funding agreements to special purpose entities that in turn issue notes or certificates in smaller, transferable denominations. This segment also markets fixed and floating rate funding agreements directly to the trustees of municipal bond proceeds, institutional investors, bank trust departments, and money market funds. The Asset Protection segment markets extended service contracts and credit life and disability insurance to protect consumers' investments in automobiles, watercraft, and recreational vehicles. This segment also offers a guaranteed asset protection product. The Corporate and Other segment consists of net investment income, including the impact of carrying excess liquidity; expenses not attributable to the segments above, including interest on debt; and a trading portfolio that was previously part of a variable interest entity. Protective Life was founded by William Dorsey Jelks in 1907 and is headquartered in Birmingham, AL.

Contact Information

Protective Life Corp.
2801 Highway 280 South
Birmingham Alabama 35223
P:(205) 268-1000
Investor Relations:
(205) 268-3912



Other institutional43.31%
Mutual fund holders43.25%
Individual stakeholders3.08%

Top Executives

John D. JohnsChairman, President & Chief Executive Officer
Mark J. CyphertSenior VP, Chief Operations & Information Officer
Richard Joseph BielenVice Chairman & Chief Financial Officer
Carl Sitter ThigpenChief Investment Officer & Executive VP
Deborah J. LongSecretary, Executive VP & General Counsel

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.