Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers


February 11, 2016 10:45 PM ET

Insurance

Company Overview of Protective Life Corporation

Company Overview

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 indiv...

2801 Highway 280 South

Birmingham, AL 35223

United States

Founded in 1907

2,441 Employees

Phone:

205-268-1000

Key Executives for Protective Life Corporation

Chairman, Chief Executive Officer and Chairman of Risk, Finance and Investments Committee
Age: 63
President, Chief Operating Officer, Director and Member of Risk, Finance & Investments Committee
Age: 54
Chief Financial Officer, Executive Vice President and Controller
Age: 55
President of Asset Protection Division and Senior Vice President of Asset Protection Division
Age: 48
Chief Investment Officer and Executive Vice President
Age: 58
Compensation as of Fiscal Year 2015.

Protective Life Corporation Key Developments

Protective Life Announces Executive Changes

Protective Life Corporation has named Richard Bielen, the company's current vice chairman and CFO, as the new president and COO. In his new role, Mr. Bielen will have added responsibilities for life and annuity sales and information technology in addition to his current management responsibility for acquisitions, the asset protection segment, financial reporting, and internal audit. Michael G. Temple has been named Executive vice president, Finance and Risk and Chief Risk Officer. Mr. Temple's responsibilities will continue to include enterprise risk management while expanding his responsibilities to include product actuarial, corporate capital modeling, treasury and finance activities for Protective. Mr. Temple has served as Executive vice president and Chief Risk Officer since 2012. Steven G. Walker has been named Executive vice president, CFO and Controller. He will continue leading the accounting function at Protective in addition to his position as CFO. Mr. Walker joined Protective Life in 2002 and has served as the Chief Accounting Officer and Controller since 2003. D. Scott Adams has been named Executive vice president, Chief Administrative Officer. Mr. Adams will expand his responsibilities to include internal and external communications and a leadership role in Protective's strategic planning process and strategic relationships for the Company. Mr. Adams will continue his overall responsibility for Protective's human resource function, a position he has held since he joined Protective in 2006. Deborah J. Long has been named Chief Legal Officer in addition to her position as Executive vice president, General Counsel and Secretary for the Company. Long-time key contributor to Protective's success, Carl S. Thigpen, will continue in his position as Executive vice president and Chief Investment Officer.

Protective Life Mulls Acquisition

Protective Life Corporation announced that Protective Life Insurance Company, a subsidiary completed the acquisition of certain in force blocks of term life insurance from Genworth Life and Annuity Insurance Company. John D. Johns, Protective's Chairman and Chief Executive Officer said, "Our ability to consummate this important transaction again demonstrates how our industry-leading acquisition capabilities can drive growth at Protective. Notwithstanding the significant capital investment in this transaction, we continue to have substantial available capital, and we are ready to pursue other acquisition opportunities."

Protective Life Corporation Announces Management Changes

Protective Life Corporation announced that Richard J. Bielen, the company's current Vice Chairman and Chief Financial Officer, has been named President and Chief Operating Officer of the company. In his new role, Mr. Bielen will have added responsibilities for life and annuity sales and information technology in addition to his current management responsibility for acquisitions, the asset protection segment, financial reporting, and internal audit. Mr. Bielen joined Protective in 1991 with responsibility for the company's securities portfolio. He became Chief Investment Officer and Treasurer in 2002 and has served as Vice Chairman and Chief Financial Officer since 2007. Protective also announced other changes among its executive officers: Michael G. Temple has been named Executive Vice President, Finance and Risk and Chief Risk Officer. Mr. Temple's responsibilities will continue to include enterprise risk management while expanding his responsibilities to include product actuarial, corporate capital modeling, treasury and finance activities for Protective. Mr. Temple has served as Executive Vice President and Chief Risk Officer since 2012. Steven G. Walker has been named Executive Vice President, Chief Financial Officer and Controller. He will continue leading the accounting function at Protective in addition to his position as Chief Financial Officer. Mr. Walker joined Protective Life in 2002 and has served as the Chief Accounting Officer and Controller since 2003. D. Scott Adams has been named Executive Vice President, Chief Administrative Officer. Mr. Adams will expand his responsibilities to include internal and external communications and a leadership role in Protective's strategic planning process and strategic relationships for the Company. Mr. Adams will continue his overall responsibility for Protective's human resource function, a position he has held since he joined Protective in 2006. Deborah J. Long has been named Chief Legal Officer in addition to her position as Executive Vice President, General Counsel and Secretary for the company.

Similar Private Companies By Industry

Company Name Region
Title Abstract Co of Pennsylvania United States
Maginnis and Associates United States
Old Republic Union Insurance Company United States
CIFG Holding, Ltd. United States
Assured Guaranty Municipal Corp United States

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Citizens Budget Commission United States

Sponsored Financial Commentaries

Sponsored Links

Request Profile Update

Only a company representative may request an update for the company profile. Documentation will be required.

To contact Protective Life Corporation, please visit www.protective.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.