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Protective Life Insurance Company

    OverviewSuggest Edit

    Protective Life Insurance Company is a life insurance company. The Company is a wholly owned subsidiary of Protective Life Corporation (“PLC”), an insurance holding company. The Company provides financial services primarily in the United States through the production, distribution, and administration of insurance and investment products.

    TypePrivate
    Founded1907
    HQBirmingham, AL, USMap
    Websiteprotective.com
    Employee Ratings3.6More
    Overall CultureAMore
    View Jobs (10)

    Recent NewsAll News

    Latest Updates

    Employees (est.) (Apr 2022)2,845
    Job Openings10
    Cybersecurity ratingAMore
    Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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    Key People/Management at Protective Life Insurance Company

    Scott Creutzmann

    Scott Creutzmann

    Chief Compliance Officer and Sr. Counsel
    W. Michael Warren

    W. Michael Warren

    Director, Former Chief Executive Officer, Children's of Alabama
    Michael J. Morrissey

    Michael J. Morrissey

    Chairman of the Board, Protective Life Corporation International Insurance Society
    Steven G. Walker

    Steven G. Walker

    Executive Vice President, Chief Financial Officer
    Michael G. Temple

    Michael G. Temple

    Vice Chairman, Chief Operating Officer
    Richard J. Bielen

    Richard J. Bielen

    President, Chief Executive Officer
    Show more

    Protective Life Insurance Company Office Locations

    Protective Life Insurance Company has offices in Birmingham, Bannockburn, Brentwood, Chesterfield and in 4 other locations
    Birmingham, AL, US (HQ)
    2801 US-280
    Bannockburn, IL, US
    2345 Waukegan Rd #210
    Brentwood, TN, US
    1620 Westgate Cir #200
    Chesterfield, MO, US
    14755 N Outer 40 Rd #400
    Cincinnati, OH, US
    600 Vine St #1800
    Covington, KY, US
    50 E Rivercenter Blvd #1600
    Show all (8)

    Protective Life Insurance Company Financials and Metrics

    Summary Metrics

    Founding Date

    		1907
    Show all financial metrics

    Protective Life Insurance Company Revenue

    USD

    Cash (31-Mar-2021)

    		565.0m
    Annual
    USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

    Cash

    		169.8m269.6m345.6m268.3m212.4m214.4m178.9m151.4m171.8m581.4m

    Inventories

    		45.0b50.4b

    PP&E

    		48.0m47.4m51.1m51.8m101.6m103.7m109.7m183.8m

    Goodwill

    		86.9m83.8m80.7m77.6m732.4m793.5m793.5m825.5m825.5m825.5m
    Quarterly
    USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

    Cash

    		370.4m257.1m67.9m118.8m79.6m171.4m130.9m229.7m274.5m250.9m209.9m348.6m400.6m517.9m295.1m407.6m255.5m244.2m199.6m260.6m164.2m161.2m217.6m175.8m223.3m381.4m445.4m565.0m

    Inventories

    		50.8b51.6b

    PP&E

    		42.5m45.4m48.1m47.9m48.0m48.5m49.1m50.4m52.4m52.2m51.8m102.1m101.6m102.7m102.4m103.5m103.2m104.0m107.8m107.2m106.2m105.4m202.6m207.2m209.0m211.4m210.7m201.0m

    Goodwill

    		88.4m87.6m86.1m85.3m84.5m83.0m82.2m81.4m79.9m79.1m78.4m735.7m735.7m735.7m732.4m732.4m793.5m793.5m793.5m793.5m793.5m793.5m825.5m825.5m825.5m825.5m825.5m826.0m
    show all
    Annual
    USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

    Net Income

    		347.4m308.5m291.6m492.0m352.6m1.2b193.9m553.0m342.4m

    Depreciation and Amortization

    		8.6m7.4m6.6m7.4m36.9m61.7m

    Cash From Operating Activities

    		632.4m696.6m542.5m643.7m173.8m173.7m(63.9m)119.7m(32.5m)

    Purchases of PP&E

    		(17.5m)(6.2m)(10.3m)(8.1m)(2.9m)(33.7m)(92.0m)(33.3m)
    Quarterly
    USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

    Net Income

    		167.8m256.5m95.9m177.5m248.4m73.9m126.9m203.1m102.5m218.6m340.4m331.4m404.7m58.3m148.0m264.9m18.3m70.5m149.1m142.1m296.5m486.9m74.0m239.1m102.0m

    Depreciation and Amortization

    		4.2m6.4m2.2m4.3m6.4m2.2m4.3m6.6m1.8m3.6m5.5m24.4m38.0m15.3m30.3m48.6m16.6m33.3m50.2m18.5m36.9m55.4m18.6m39.0m20.0m

    Cash From Operating Activities

    		205.6m524.8m19.3m175.7m402.6m42.7m262.7m482.1m18.2m375.8m538.1m270.0m295.1m43.1m62.4m16.4m(48.2m)(43.7m)(215.3m)(65.5m)(86.1m)(13.8m)186.1m318.5m(293.0m)

    Purchases of PP&E

    		(6.9m)(12.8m)(1.8m)(3.6m)(5.4m)(6.1m)(10.6m)(16.6m)(3.1m)(4.7m)(6.2m)(4.5m)(8.9m)(8.0m)(15.5m)(34.1m)(2.2m)(731.5m)(777.8m)
    show all
    USDQ2, 2011

    Financial Leverage

    		10.5 x
    Show all financial metrics

    Protective Life Insurance Company Cybersecurity Score

    Cybersecurity ratingPremium dataset

    A

    90/100

    Learn more about our premium products
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    Protective Life Insurance Company Environment, Social & Governance (ESG) Ratings

    CSRHub ESG ratingPremium dataset

    40-49

    out of 100

    Learn more about our premium products
    CSRHub logo

    Protective Life Insurance Company Online and Social Media Presence

    Protective Life Insurance Company's Trends

    Embed Graph

    Protective Life Insurance Company Company Culture

    • Overall Culture

      A

      79/100

    • CEO Rating

      A+

      84/100

    • Compensation

      A

      83/100

    Learn more on Comparably

    Protective Life Insurance Company Blogs

    June 02, 2020

    A Message from Rich Bielen

    Dateline City: BIRMINGHAM, Ala. The following message was sent to all Protective employees on June 2, 2020. Colleagues, Like many of you, I have been following the tragic events…
    June 01, 2020

    Protective Life Corporation - June 2020 Company Update

    File: Protective Life Corporation - June 2020 Company Update (710.74 KB) Language: English
    May 14, 2020

    Q1 2020 Protective Life Corporation Supplemental Schedules

    File: Q1 2020 Protective Life Corporation Supplemental Schedules (87.96 KB) Language: English
    May 14, 2020

    Q1 2020 Protective Life Corporation Financial Statements and Notes

    File: Q1 2020 Protective Life Corporation Financial Statements and Notes (994.89 KB) Language: English
    May 07, 2020

    Protective Life Corporation Announces Three New Board Members

    Dateline City: BIRMINGHAM, Ala. Michael J. Morrissey, Tatsusaburo Yamamoto and Tomohiko Asano Join Protective’s Board of Directors BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protecti…
    May 07, 2020

    Protective Life Announces Leadership Changes and Promotions

    Dateline City: BIRMINGHAM, Ala. Longtime Protective CIO Carl Thigpen Announces Plans to Retire Phil Passafiume Named as Successor Laura McDonald Named Chief Mortgage & Real Estate Off…
    Show more

     Protective Life Insurance Company Frequently Asked Questions

    • When was Protective Life Insurance Company founded?

      Protective Life Insurance Company was founded in 1907.

    • Who are Protective Life Insurance Company key executives?

      Protective Life Insurance Company's key executives are Scott Creutzmann, W. Michael Warren and Michael J. Morrissey.

    • How many employees does Protective Life Insurance Company have?

      Protective Life Insurance Company has 2,845 employees.

    • Who are Protective Life Insurance Company competitors?

      Competitors of Protective Life Insurance Company include Assurant, Brighthouse Financial and Syndicated Capital.

    • Where is Protective Life Insurance Company headquarters?

      Protective Life Insurance Company headquarters is located at 2801 US-280, Birmingham.

    • Where are Protective Life Insurance Company offices?

      Protective Life Insurance Company has offices in Birmingham, Bannockburn, Brentwood, Chesterfield and in 4 other locations.

    • How many offices does Protective Life Insurance Company have?

      Protective Life Insurance Company has 8 offices.