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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, USMap
Websiteprotective.com
Employee Ratings3.4More
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Employees (est.) (Sept 2020)2,747
Revenue (FY, 2019)$6 B(+26%)
Cybersecurity ratingBMore

Key People/Management at Protective Life Insurance Company

Richard J. Bielen

Richard J. Bielen

President and Chief Executive Officer, Director
Scott Creutzmann

Scott Creutzmann

Chief Compliance Officer and Sr. Counsel
Steven G. Walker

Steven G. Walker

Executive Vice President, Chief Financial Officer
Michael G. Temple

Michael G. Temple

Vice Chairman and Chief Operating Officer
Ungyong Shu

Ungyong Shu

Director
Lance P. Black

Lance P. Black

Senior Vice President, Treasurer and Stable Value Products
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Protective Life Insurance Company Office Locations

Protective Life Insurance Company has offices in Birmingham, Bannockburn, Brentwood, Chesterfield and in 5 other locations
Birmingham, US (HQ)
2801 US-280
Bannockburn, US
2345 Waukegan Rd #210
Brentwood, US
1620 Westgate Cir #200
Chesterfield, US
14755 N Outer 40 Rd #400
Cincinnati, US
600 Vine St #1800
Elgin, US
1707 N Randall Rd #310
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Protective Life Insurance Company Financials and Metrics

Summary Metrics

Founding Date

1907
Show all financial metrics

Protective Life Insurance Company Revenue

Protective Life Insurance Company's revenue was reported to be $5.95 b in FY, 2019
USD

Revenue (Q2, 2020)

1.5b

Gross profit (Q2, 2020)

372.3m

Gross profit margin (Q2, 2020), %

24.7%

Net income (Q2, 2020)

165.1m

EBIT (Q2, 2020)

116.5m

Cash (30-Jun-2020)

445.4m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

3.4b3.5b3.6b4.5b4.3b4.3b4.8b6.0b

Cost of goods sold

2.2b2.3b2.5b2.8b3.0b3.5b4.3b

Gross profit

1.2b1.1b1.1b1.7b1.4b1.2b1.7b

Gross profit Margin, %

35%33%31%38%31%26%28%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q2, 2015Q3, 2015Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

866.4m898.5m901.8m867.0m864.2m885.6m816.0m880.6m1.1b1.1b1.1b863.0m1.0b1.2b1.1b1.0b1.1b1.1b1.1b1.2b1.3b1.4b1.4b1.7b1.7b1.5b

Cost of goods sold

548.7m589.6m587.0m565.4m628.0m581.0m555.9m622.9m727.4m746.6m628.5m693.4m674.8m712.6m732.3m749.5m711.6m742.8m786.3m860.9m950.9m973.2m1.0b1.2b1.3b1.1b

Gross profit

317.7m308.9m314.7m301.6m236.2m304.6m260.1m257.7m361.9m392.5m488.2m169.6m331.9m462.2m321.4m297.9m351.8m362.6m277.2m308.8m319.0m407.2m431.5m511.0m340.7m372.3m

Gross profit Margin, %

37%34%35%35%27%34%32%29%33%34%44%20%33%39%31%28%33%33%26%26%25%29%30%30%20%25%
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Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

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

Inventories

45.0b50.4b

PP&E

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

Goodwill

86.9m83.8m80.7m77.6m732.4m793.5m793.5m825.5m825.5m
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, 2020

Cash

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

Inventories

50.8b51.6b

PP&E

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

Goodwill

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

Net Income

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

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

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, 2020

Net Income

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

Depreciation and Amortization

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

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

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)
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USDQ2, 2011

Financial Leverage

10.5 x
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Protective Life Insurance Company Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

Learn more about about our premium products
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Protective Life Insurance Company Online and Social Media Presence

Protective Life Insurance Company's Trends

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Protective Life Insurance Company Blogs

May 05, 2020

Michael J. Morrissey

Biography Name First Name: Michael J. Last Name: Morrissey Job Title: President and CEO Organization…
March 30, 2020

Protective Life Corporation Supplemental Schedules 4Q19

File: Protective Life Corporation Supplemental Schedules 4Q19 (102.96 KB) Language: English
March 04, 2020

PLC Financials

Protective Life Corporation Financial Statements and Notes for the Year Ended December 31, 2019 DOWNLOAD Language: English
March 04, 2020

PLC Financial Statements and Notes 2019

File: PLC Financial Statements and Notes 2019 (1.88 MB) Language: English
January 28, 2020

Protective Life Realigns Operational Structure with Focus on Customer Needs

Dateline City: BIRMINGHAM, Ala. BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced a new structure that organizes its …
January 27, 2020

Matthew Kohler

Biography Name First Name: Matthew Last Name: Kohler Job Title: Sen…
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 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 Richard J. Bielen, Scott Creutzmann and Steven G. Walker.

  • How many employees does Protective Life Insurance Company have?

    Protective Life Insurance Company has 2,747 employees.

  • What is Protective Life Insurance Company revenue?

    Latest Protective Life Insurance Company annual revenue is $6 b.

  • What is Protective Life Insurance Company revenue per employee?

    Latest Protective Life Insurance Company revenue per employee is $2.2 m.

  • Who are Protective Life Insurance Company competitors?

    Competitors of Protective Life Insurance Company include Brighthouse Financial, Old Mutual and Standard Life Aberdeen.

  • 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 5 other locations.

  • How many offices does Protective Life Insurance Company have?

    Protective Life Insurance Company has 9 offices.