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    Protective Life Corporation (PL)

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    Protective Life Corporation
    2801 Highway 280 South
    Birmingham, AL 35223
    United States - Map
    Phone: 205-268-1000
    Website: http://www.protective.com

    Index Membership:N/A
    Industry:Life Insurance
    Full Time Employees:2,441

    Business Summary 

    Protective Life Corporation, together with its subsidiaries, provides financial services primarily in the United States. The company engages in the production, distribution, and administration of insurance and investment products. Its Life Marketing segment markets fixed universal life, indexed universal life, variable universal life, bank-owned life, and level premium term insurance products primarily through networks of independent insurance agents and brokers, broker-dealers, financial institutions, and independent marketing organizations. The company’s Acquisitions segment focuses on acquiring, converting, and servicing life insurance policies and annuity products that were sold to individuals. Its Annuities segment markets and sells fixed and variable annuity products, such as modified guaranteed, single premium deferred, single premium immediate, and indexed annuities primarily through broker-dealers, financial institutions, and independent agents and brokers. The company’s Stable Value Products segment sells fixed and floating rate funding agreements directly to the trustees of municipal bond proceeds, money market funds, bank trust departments, and other institutional investors; and issues funding agreements to the Federal Home Loan Bank, and markets guaranteed investment contracts to qualified retirement savings plans, as well as has contracts outstanding pursuant to a funding agreement-backed notes program, which offered notes to institutional and retail investors. Its Asset Protection segment markets extended service contracts, and credit life and disability insurance to protect consumers' investments in automobiles, watercraft, and recreational vehicles; and a guaranteed asset protection product through a national network of automobile, marine, and RV dealers. The company was founded in 1907 and is headquartered in Birmingham, Alabama. Protective Life Corporation is a subsidiary of The Dai-ichi Life Insurance Company, Limited.

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    Corporate Governance 
    Protective Life Corporation’s ISS Governance QuickScore as of Feb 1, 2015 is 2. The pillar scores are Audit: 2; Board: 2; Shareholder Rights: 3; Compensation: 4.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. John D. Johns , 63
    Chairman, Chief Exec. Officer, Pres, Head of Life Insurance Operations and Chairman of Risk, Fin. & Investments Committee
    Mr. Richard Joseph Bielen , 54
    Vice Chairman, Chief Financial Officer and Member of Risk, Fin. & Investments Committee
    Mr. Carl S. Thigpen , 58
    Chief Investment Officer and Exec. VP
    Ms. Deborah J. Long Esq., 61
    Exec. VP, Gen. Counsel and Sec.
    Mr. Michael J. Temple , 52
    Chief Risk Officer and Exec. VP
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
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