insurance & finance founded 1907 headquarters birmingham alabama united states key people john d. johns chairman and chief executive officer richard j. bielen president and chief operating officer products life insurance annuities and asset protection products revenue 3.7 billion usd 12 31 15 operating income 323 million usd after tax 12 31 15 net income 268 million usd 12 31 15 total assets 68.5 billion usd 12 31 15 number of employees 2 500 12 31 15 parent dai ichi life subsidiaries protective life insurance company protective life and annuity insurance company west coast life insurance company lyndon insurance group inc. and affiliates slogan protect tomorrow . embrace today . website www.protective.com protective life corporation is a financial service holding company in birmingham alabama . 1 the company s primary subsidiary protective life insurance company was established in 1907 and now markets its products and services in all 50 states . as of december 31 2015 the corporation had more than 2 500 employees annual revenues of 3.7 billion and assets of 68.5 billion . 1 2 in addition to protective life insurance company protective life corporation s subsidiaries include west coats life insurance company mony life insurance company protective life and annuity insurance company and lyndon property insurance company . contents 1 history 1.1 leadership and board of directors 1.2 operations 1.3 awards and recognition 2 philanthropy 3 references 4 external links history edit in 1907 former alabama governor william dorsey jelks founded protective life insurance company and in 1909 protective life paid its first death claim . 3 in 1927 protective merged with alabama national insurance company and alabama national s president samuel clabaugh became the president of the combined companies which continued to do business as protective . 3 in 1937 clabaugh turned over the leadership of the company to col. william j. rushton and in 1969 col. rushton s son william billy j. rushton iii became president of protective . 3 the younger rushton then presided over a series of acquisitions that led protective into all 50 states . 3 as part of this push drayton nabers jr. became ceo in 1992 and in 1993 protective life corporation was listed on the new york stock exchange under the ticker symbol pl . 3 in 1997 protective life acquired west coast life . nabers retired in 2002 and harvard business school graduate john d. johns was then named president and ceo of protective life . 3 john d. johns has served as president and chief executive officer since 2002 and has been chairman of the board since january 2003 . johns has been a director since may 1997 and an employee of the company and its subsidiaries since 1993 . in 2007 protective life celebrated its 100th anniversary just one year after its acquisition of chase insurance group in 2006 . 4 in 2013 protective s principal subsidiary protective life insurance company completed the acquisition of mony life insurance company and reinsured certain policies of mony life insurance company of america . 5 the total transaction price was 1.06 billion . 5 protective life has offices in alabama california illinois missouri nebraska ohio and tennessee . 1 protective life corporation was acquired by the dai ichi life insurance company limited tokyo japan on february 15 2015 . leadership and board of directors edit protective life corporation leadership includes john d. johns chairman and ceo richard j. bielen president and coo scott adams evp chief administrative officer deborah j. long jd evp chief legal officer and secretary mike temple evp finance and risk and cro carl s. thigpen evp and cio and steven g. walker evp cfo and controller . 6 the company s board of directors include john d. johns richard j. bielen john j. mcmahon jr. jesse j. spikes shigeo tsuyuki shinichi aizawa vanessa leonard ungyong inkyo shu william a. terry and w. michael warren jr. 7 operations edit the company offers plans in 4 life insurance including universal life variable universal life and bank owned life insurance products offered through a network of brokers stockbrokers and independent marketing organizations . annuities including fixed and variable annuity products sold through broker dealers financial institutions and brokers . stable value products including fixed and floating rate funding agreements sold to the trustees of municipal bond proceeds institutional investors bank trust departments and money market funds . asset protection marketing extended service contracts and credit life and disability insurance to protect consumers investments in automobiles watercraft and recreational vehicles . acquisitions consisting of policies originated by other companies and later acquired by protective . the segment s primary focus is on life insurance policies and annuity products that were sold to individuals . awards and recognition edit protective life was awarded the 2010 optimas award from workforce management magazine and honored in the partnership category by the virgin healthmiles employee wellness program . philanthropy edit the company established the protective life foundation which supports education and healthy development of at risk youth . 3 in addition the foundation engages charitable activities to cultural organizations civic and community initiatives human services groups and the united way . 3 references edit a b c https protective.newshq.businesswire.com sites protective.newshq.businesswire.com files press kit file we are protective life company overview and financial strength of protective life insurance company.pdf we are protective life . retrieved october 3 2016 . http investor.protective.com ratings a b c d e f g h protective life corporation . encyclopedia of alabama . retrieved 18 october 2013 . a b protective life pdf . retrieved 18 october 2013 . a b http www.sec.gov protective life leadership . retrieved september 27 2016 . protective life corporation board of directors . retrieved september 27 2016 . external links edit protective life s website protective also has a summer internship program embrace your career which is designed to provide meaningful work opportunities for students to assist protective in achieving business goals and apply their classroom learning . retrieved from https en.wikipedia.org w index.php title protective life & oldid 742516113 categories companies based in birmingham alabamacompanies listed on the new york stock exchangeinsurance companies of the united stateslife insurance companiescompanies established in 1907 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial 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