Protective Life

Protective Life

Provides financial planning and life insurance services

About Protective Life

Simplify's Rating
Why Protective Life is rated
C
Rated D+ on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Birmingham, Alabama

Founded

1842

Overview

Protective Life offers financial planning and life insurance services to individuals and businesses, focusing on retirement planning and practice management solutions. Their products include life insurance policies and retirement planning guides, which are accessible through both financial advisors and directly to clients via an online platform. The company distinguishes itself by providing excellent customer service and educational resources, ensuring clients and financial professionals can make informed decisions. Protective Life's goal is to help clients achieve financial security through comprehensive solutions tailored to their needs.

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Simplify's Take

What believers are saying

  • Increased demand for digital insurance solutions drives innovation in the life insurance sector.
  • The rise of fee-based advisory services reshapes the financial planning landscape.
  • Big data analytics in underwriting allows for more personalized and competitive products.

What critics are saying

  • Increased competition from digital-first platforms could erode Protective's market share.
  • Rising interest rates may impact the attractiveness of life insurance products.
  • Growing demand for personalized solutions challenges Protective's traditional offerings.

What makes Protective Life unique

  • Protective.com emphasizes excellent customer service and educational resources for informed decision-making.
  • The company offers support and training for financial advisors and insurance agents.
  • Protective.com operates on both B2B and B2C models, reaching diverse client bases.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Mental Health Support

Paid Vacation

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Employee Assistance Program

Company News

Coverage
Dec 11th, 2024
Protective Partners With Ipipeline

Protective Life <i class="fa fa-info-circle company-popover" data-content="h3Protective Life/h3. div. table

PR Newswire
Oct 8th, 2024
Cetera Announces Agreement with Protective Life to Acquire Concourse Financial Group Securities

Cetera announces agreement with Protective Life to acquire Concourse Financial Group Securities.

Business Wire
May 7th, 2024
Protective Life Corporation Names Dom Lebel As Svp Chief Risk Officer

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announces that Dom Lebel has joined the company as SVP & Chief Risk Officer, effective May 6. The company also announced Casey Hardeman has been promoted to SVP, Financial Planning & Analysis.As CRO, Lebel’s primary responsibility is providing independent oversight of enterprise risks with a focus on insurance and product related risks, credit and market risks, as well as operational and technology risks. Lebel will join Protective’s Performance & Accountability Committee, a group of the company’s top executive leaders. He will report to Steve Walker, Vice Chairman, Finance & Risk.“ We are thrilled to have Dom join Protective. He is a proven leader with a deep understanding of our industry and the issues impacting our business,” said Walker

Business Wire
May 7th, 2024
Protective Life Corporation Announces Board Of Directors Updates

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors. Newly appointed directors include Stephen Barnham, Senior Managing Executive Officer, Chief Information Officer and Chief Digital Officer of Dai-ichi Life Holdings, Inc.; Joseph Guastella, Owner of OJW Advisors; Bruce Koepfgen, former President of Janus Capital Group and former EVP, Head of North America, of Janus Henerson Investors; and Satoshi Takemoto, Executive Officer and Chief General Manager of North America of Dai-ichi Life Holdings, Inc. and President and CEO of DLI North America, Inc. All changes went into effect April 3, 2024. “Through their diverse and robust experience, Protective’s Board of Directors have collectively helped guide the company to our current position of strength,” said Michael J

Yahoo Finance
May 7th, 2024
Protective Life Corporation Names Dom Lebel As Svp & Chief Risk Officer

Dom Lebel named SVP, Chief Risk Officer for Protective (Photo: Business Wire)Casey Hardeman promoted to SVP, Financial Planning & AnalysisBIRMINGHAM, Ala., May 07, 2024--(BUSINESS WIRE)--Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announces that Dom Lebel has joined the company as SVP & Chief Risk Officer, effective May 6. The company also announced Casey Hardeman has been promoted to SVP, Financial Planning & Analysis.As CRO, Lebel’s primary responsibility is providing independent oversight of enterprise risks with a focus on insurance and product related risks, credit and market risks, as well as operational and technology risks. Lebel will join Protective’s Performance & Accountability Committee, a group of the company’s top executive leaders. He will report to Steve Walker, Vice Chairman, Finance & Risk."We are thrilled to have Dom join Protective. He is a proven leader with a deep understanding of our industry and the issues impacting our business," said Walker

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