NEW YORK (Reuters) - U.S. insurer Protective Life Insurance PL.N is the leading candidate to buy some of AXA SA's AXA.PA U.S. life insurance assets in a deal that could be valued at around $1 billion (659.6 million pounds), according to two people familiar with the situation. French insurer AXA hired Morgan Stanley MS.N last year to help find a buyer for the assets, including remnants of the Mony Group Inc business that it acquired in 2004, the sources told Reuters this week. They asked not to be named because the matter is not public. AXA, which bought New York-based life insurer Mony Group for $1.5 billion, has been expanding into emerging markets while scaling back its presence in North...
Continue reading...
Set in the historic Lakeview District of Birmingham, AL, The Market at Pepper Place is host to one of the largest and best-known farmers’ markets in the state, with more than 10,000 people attending during the height of the season. Senior Chef/Manager Robert Lynn was unfazed by the crowds, having done farmers’ market demos when he worked with the Bon Appétit team at Birmingham-Southern College. Now that he’s moved over to lead the culinary team at Protective Life Insurance Co., also in Birmingham, he brought along a Birmingham-Southern colleague, Executive Chef Matt Jones, to help with this a particularly high-profile demonstration. Working as a pair, Robert and Matt tag-teamed the demo...
Continue reading...
Life insurance provider, Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, worked with global creative consultancy, Lippincott, to launch a new brand identity. The rebrand aims to exemplify the company’s 114-year commitment of putting people first and striving to do more for its customers, business partners and employees. Lippincott was tasked with creating a more emotive and powerful brand story for Protective and break through in an industry saturated with well-known competitors. The new brand leverages the potential of Protective’s name and amplifies its purpose, “because we’re all protectors,” asserting the brand’s aspiration to help...
Continue reading...
Protective Life definition Examples of Protective Life in a sentence I have exclusively relied, with your permission, as to all matters involving the law of the State of Delaware, upon the opinion of Richards, Layton & Finger, P.A., special Delaware counsel to Protective Life, dated today and addressed to you. In connection with the delivery of this opinion, I and/or other attorneys in the legal department of Protective Life Corporation have examined and relied upon the originals, or copies certified or otherwise identified to my satisfaction, of such corporate records, documents, certificates and other instruments as in my judgment are necessary or appropriate to enable me to render...
Continue reading...
Protective Life Annuity Review Founded in Birmingham, Alabama, Protective Life Insurance Company has been in business since 1907. It became a wholly owned subsidiary of the Dai-ichi Life Insurance Company, Ltd. in 2015. Dai-ichi Life is headquartered in Tokyo and is listed on the Tokyo Stock Exchange. In 2019, Protective Life made its 57th acquisition. It’s the parent company of Protective Life and Annuity Insurance Company, West Coast Life Insurance Company, Protective Property and Casualty Insurance Company, MONY Life Insurance Company and United States Warranty Corporation. In addition to in Birmingham, Protective Life has primary offices in Greenwood Village, Colorado; Bannockburn and...
Continue reading...
Protective Life Insurance Company (Protective Life) has brokered a deal to purchase AUL Corp, an automotive finance and insurance provider in the US. AUL Corp offers a wide array of finance and insurance (F&I) products including warranties, vehicle service contracts, guaranteed asset protection insurance and a suite of ancillary products. The deal is expected to bolster Protective Life’s Asset Protection business, which safeguards clients’ investments in automobiles, recreational vehicles, watercraft and powersports vehicles. Protective Life’s Asset Protection unit offers extended service contracts, guaranteed asset protection and ancillary products. Protective Asset Protection...
Continue reading...
BIRMINGHAM, Ala.--( BUSINESS WIRE )-- Protective Life Corporation, a wholly owned U.S. subsidiary of Dai‑ichi Life Holdings, Inc. (TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company (“Protective Life”), has entered into an agreement to acquire leading automotive finance and insurance provider AUL Corp. “ With a national footprint of agents and dealers, an experienced team in the vehicle service contract business in addition to distribution channel growth opportunities in the higher-mileage and the financial institutions space, AUL’s product portfolio is a strong complement to Protective’s Asset Protection Division,” said Rich Bielen, president and...
Continue reading...
Our take on Protective The Protective Life Insurance Company was created under the belief that a good product is the result of excellent materials plus quality customer service. Protective is one of the newest companies in the life insurance market and as such it has had to innovate. It is one of the first companies to have created, in order to beat out the competition, unique products that can be described as hybrid insurances – a mix of the best characteristics of a term product and a universal policy. Certain policies give you the option to extend it past the original term. Also, another great thing to factor in, is that Protective products are well-priced and are an excellent...
Continue reading...
Protective Life partners with Kasasa to distribute life insurance Financial technology and marketing provider Kasasa has partnered with Protective Life to enable community financial institutions to offer life insurance. Through this association, Kasasa banks and credit unions will be able to offer life insurance within Kasasa Care™, an online marketplace and referral program developed to offer non-interest income partner products and services. Community financial institutions will be able to meet customers’ unique life insurance needs with a number of coverage options that can be added onto employer-provided coverage, low, flat premiums and a streamlined approval process. Additionally,...
Continue reading...
American Family Insurance Life Company has entered into a relationship with Protective Life Insurance Company (Protective Life) to give American Family agency owners more ways to help meet their customers’ retirement needs. The opportunity with Protective Life gives American Family agency owners the ability to offer four of Protective Life’s most popular annuity products through American Family Brokerage, Inc. Providing more product choices for customers “American Family Life Insurance Company is always open to working with other companies to help our agency owners provide service and product options that add value and protection for customers,” said Chris Eason...
Continue reading...
