About Protective Life Insurance
Protective Life Insurance is a company based in Birmingham (United States) founded in 1907.. Protective Life Insurance has completed 6 acquisitions, including Aulcorp, Great-West Financial and Portfolio Reinsurance. Protective Life Insurance offers products and services including Term Life Insurance, Whole Life Insurance, Fixed Annuities, and Variable Annuities. Protective Life Insurance operates in a competitive market with competitors including Yurtle, AIG Life, Neilson Financial Services, Mobius Life and LCLI, among others.
- Headquarter Birmingham, United States
- Stage Public
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Protective Life Insurance Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$150 M (USD), Debt – Conventional
Aug 01, 2012
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Aulcorp
& 5 more
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Products & Services of Protective Life Insurance
Protective Life Insurance offers a comprehensive portfolio of products and services, including Term Life Insurance, Whole Life Insurance, Fixed Annuities, and Variable Annuities. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers coverage for a set period to protect beneficiaries.
Provides lifelong coverage with a cash value component.
Guarantees income payments for retirement planning.
Allows investment growth with potential income streams.
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Software Development Team
131 people
Leadership Team
126 people
Finance and Accounting
43 people
Senior Team
37 people
Product Management Team
31 people
Legal and Compliance
24 people
Business Team
21 people
Data Analysis and Operations Team
20 people
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Funding Insights of Protective Life Insurance
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $150.0M
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First Round
First Round
(01 May 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2012 | Amount | Debt – Conventional - Protective Life Insurance | Valuation |
investors |
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| May, 2012 | Amount | Debt – Conventional - Protective Life Insurance | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Protective Life Insurance
Protective Life Insurance has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Aulcorp, Great-West Financial and Portfolio Reinsurance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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New and used cars are dealt by Aulcorp in Napa.
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1990 | ||||
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Reinsurance services are provided to primary insurers since 1989.
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1989 | ||||
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Vehicle service contracts and auto insurance products are provided.
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1980 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Protective Life Insurance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Protective Life Insurance Comparisons
Competitors of Protective Life Insurance
Protective Life Insurance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Yurtle, AIG Life, Neilson Financial Services, Mobius Life and LCLI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Life insurance services are provided online by Yurtle.
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| domain | founded_year | HQ Location |
Life insurance policies are provided in the United Kingdom.
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| domain | founded_year | HQ Location |
Provides life insurance coverage to consumers via retail and partnerships worldwide.
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| domain | founded_year | HQ Location |
Life insurance policies are underwritten and distributed by Mobius Life.
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| domain | founded_year | HQ Location |
Life insurance carrier
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Protective Life Insurance
Frequently Asked Questions about Protective Life Insurance
When was Protective Life Insurance founded?
Protective Life Insurance was founded in 1907 and raised its 1st funding round 105 years after it was founded.
Where is Protective Life Insurance located?
Protective Life Insurance is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
Who is the current CEO of Protective Life Insurance?
Richard Bielen is the current CEO of Protective Life Insurance.
What does Protective Life Insurance do?
Protective Life Insurance was founded in 1907 and is headquartered in Birmingham, United States. Operations are focused on the insurance sector, where life insurance products are offered to individuals and businesses. Services include policy issuance, annuities, and related financial protections. Coverage is provided across the United States, with leadership directed by CEO Richard Bielen. The company functions as a carrier in the competitive life insurance market.
Who are the top competitors of Protective Life Insurance?
What products or services does Protective Life Insurance offer?
Protective Life Insurance offers Term Life Insurance, Whole Life Insurance, Fixed Annuities, and Variable Annuities.
How many acquisitions has Protective Life Insurance made?
Protective Life Insurance has made 6 acquisitions, including Aulcorp, Great-West Financial, and Portfolio Reinsurance.
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