Protective Life

AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Life Subsidiaries

Retrieved on: 
Wednesday, May 18, 2022
Other Professional Services, Professional Services, Insurance, Dai, Risk, Investor, Protection, Protective Life, Credit, ERM, News, Investment, Insurance, AM Best, AM, Mortality, Long-Term Capital Management, Industry, Life, FSR, Program, Superior, Long-term care insurance, ALL, Growth, Risk management, Security (finance)

AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa- (Superior) of the primary life insurance subsidiaries of Protective Live Corporation (headquartered in Birmingham, AL), collectively known as Protective Life.

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of aa- (Superior) of the primary life insurance subsidiaries of Protective Live Corporation (headquartered in Birmingham, AL), collectively known as Protective Life.
  • Additionally, AM Best has affirmed the Long-Term ICR of a- (Excellent) and the existing Long-Term Issue Credit Ratings (Long-Term IR) of Protective Life Corporation.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

Protective Announces Leadership Changes and Promotions, Positioning the Company for Future Growth

Retrieved on: 
Wednesday, May 4, 2022
Professional Services, Insurance, Finance, Dai, Information technology, Insurance, Risk management, Wells, Temple, Industry, Leadership, Retirement, Walker, Protective Life, Harrison, Life, Goal, Risk, Multimedia, Management, Protection

View the full release here: https://www.businesswire.com/news/home/20220503006205/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220503006205/en/
    Since joining Protective in 2012, Temple has held responsibilities for risk management, finance, operations, information technology and retail businesses.
  • Its been a privilege to serve alongside Protective colleagues during this period of transformational growth, said Temple.
  • Im excited about Protectives bright future and confident in the deep and talented leadership team that will continue to guide the organization.
  • I am proud to see us leveraging key leaders that will position us to deliver on strategic growth plans for the future.

Protective Closes on AUL Acquisition, Adds Complementary Product Portfolio to Its Asset Protection Division

Retrieved on: 
Monday, May 2, 2022
Insurance, Professional Services, Dai, Investment, Protection, Maynard, Cooper & Gale, Insurance, Car, Culture, AUL, Industry, Protective Life, LLP, P.C, Dai-ichi, Patterson Belknap Webb & Tyler, Solution, CEO, Technology, Acquisition

I could not be more proud to have this team as part of Protectives Asset Protection Division.

Key Points: 
  • I could not be more proud to have this team as part of Protectives Asset Protection Division.
  • Protective Asset Protection s offerings include, among others, extended service contracts, guaranteed asset protection and ancillary products to protect consumers investments in automobiles, recreational vehicles, watercraft and powersports vehicles.
  • In addition, Protective Asset Protection offers a robust portfolio of dealer participation programs, training and technology solutions through a network of general agents as well as a direct sales force.
  • Through its subsidiaries, Protective offers life insurance, annuity and asset protection solutions and is helping more than 12 million people protect what matters most.

Protective Furthers its Sustainability Commitment by Establishing a $1.5 Billion Sustainability-Linked Revolving Credit Facility

Retrieved on: 
Wednesday, April 13, 2022
Professional Services, Insurance, Finance, KPI-driven code analysis, Wells Fargo, Woman, Regions Financial Corporation, Mizuho Securities USA, BNP Paribas, MUFG Bank, Goal, Workforce, Protective Life, SOFR, Protection, LIBOR, U.S. Bancorp, Insurance

Protective Life Corporation , a wholly owned U.S. subsidiary of Daiichi Life Holdings, Inc. (TSE:8750), and its principal subsidiary, Protective Life Insurance Company (together, Protective), today announced the recent closing of a five-year, $1.5 billion sustainability-linked revolving credit facility, which replaces its current $1.0 billion revolving credit facility.

Key Points: 
  • Protective Life Corporation , a wholly owned U.S. subsidiary of Daiichi Life Holdings, Inc. (TSE:8750), and its principal subsidiary, Protective Life Insurance Company (together, Protective), today announced the recent closing of a five-year, $1.5 billion sustainability-linked revolving credit facility, which replaces its current $1.0 billion revolving credit facility.
  • As part of this sustainability-linked credit facility, Protective has included two Key Performance Indicators (KPIs) that measure the percentage of women and racially diverse employees amongst Protectives employee base.
  • This furthers Protectives long-standing focus on diversity, equity and inclusion, said Wendy Evesque, Protectives executive vice president, chief human resources officer.
  • Additionally, it demonstrates our critical commitment to grow and develop our people, attract diverse talent and support strong, diverse communities.

Axon Announces Acquisition of Virtual Reality Training Studio 'Foundry 45'

Retrieved on: 
Wednesday, April 6, 2022
Partner (business rank), Organization, VR, RSU, Morgan, Lewis & Bockius, Virtual reality, Foundry, Entrepreneurship, Element, Acquisition, Twitter, Facebook, Inc., Solution, VP, Reality–virtuality continuum, Protective Life, Management, Risk management, Sales, Axon, Facebook

SCOTTSDALE, Ariz., April 6, 2022 /PRNewswire/ -- Axon (Nasdaq: AXON), the global leader in connected public safety technologies, today announced the acquisition of Foundry 45 , an industry-leading virtual reality (VR) studio focused on developing immersive training modules for large enterprises.

Key Points: 
  • SCOTTSDALE, Ariz., April 6, 2022 /PRNewswire/ -- Axon (Nasdaq: AXON), the global leader in connected public safety technologies, today announced the acquisition of Foundry 45 , an industry-leading virtual reality (VR) studio focused on developing immersive training modules for large enterprises.
  • Founded in 2015, Foundry 45 has delivered virtual and augmented reality training applications to global enterprise customers including several Fortune 100 companies.
  • "We're thrilled the Foundry 45 team has joined Axon in our mission to Protect Life," says Chris Chin, VP of Immersive Technologies, Axon.
  • Virtual reality is rapidly becoming a game-changing training tool across many industries, and the acquisition of Foundry 45 will help accelerate Axon to deliver innovative skills- and scenario-based training in public safety, and will catalyze Axon's expansion into new growth markets globally.

Protective Life to Acquire Leading Automotive Finance & Insurance Provider AUL, Adding Complementary Portfolio to Asset Protection Division

Retrieved on: 
Monday, March 21, 2022
Professional Services, Automotive, Other Automotive, Recreational Vehicles, Insurance, Performance & Special Interest, Finance, Protective Life, Maynard, Cooper & Gale, Investment, Protection, Culture, AUL, Financing, Insurance, Real Estate and Business Services (constituency), CEO, GAP, Car, Technology, Industry, Patterson Belknap Webb & Tyler, Excel Communications, P.C, Solution, Insurance, Acquisition, Financial services, PROTECTIVE ASSET PROTECTION, PROTECTIVE, AUL CORP., PROTECTIVE ASSET PROTECTION, PROTECTIVE, AUL CORP.

Protective Asset Protections offerings include, among others, extended service contracts, guaranteed asset protection and ancillary products to protect consumers investments in automobiles, recreational vehicles, watercraft and powersports vehicles.

Key Points: 
  • Protective Asset Protections offerings include, among others, extended service contracts, guaranteed asset protection and ancillary products to protect consumers investments in automobiles, recreational vehicles, watercraft and powersports vehicles.
  • Protective Asset Protection has been providing Finance & Insurance solutions for the automotive industry for 60 years.
  • Protective Asset Protection is part of the financial services holding company, Protective Life Corporation.
  • Through its subsidiaries, Protective offers life insurance, annuity and asset protection solutions and is helping more than 12 million people protect what matters most.

New TASER StrikeLight for Self Defense is Both a Flashlight and Stun Device

Retrieved on: 
Tuesday, March 15, 2022
Night vision, Face, Technology, Nasdaq, Protective Life, LLC, Safety, Facebook, Inc., USB Implementers Forum, Life, USB-C, Certification, VP, TASER, Electric light, Electric battery, Facebook, Instagram

SCOTTSDALE, Ariz., March 15, 2022 /PRNewswire/ -- TASER Self-Defense, the consumer division of Axon Enterprise, Inc. (Nasdaq: AXON), the global leader in connected public safety technologies, today announced the TASER StrikeLight 2, the newest device in its self-defense product line.

Key Points: 
  • A compact flashlight and a stun device, the TASER StrikeLight 2 is the latest in personal safety
    SCOTTSDALE, Ariz., March 15, 2022 /PRNewswire/ -- TASER Self-Defense , the consumer division of Axon Enterprise, Inc. (Nasdaq: AXON), the global leader in connected public safety technologies, today announced the TASER StrikeLight 2 , the newest device in its self-defense product line.
  • The TASER StrikeLight 2 provides electrical stun capabilities in the form of a portable flashlight, providing simple, portable protection at your fingertips.
  • The stun capability works independently and can be turned on and off even when the flashlight is not in use.
  • It is also more compact than Axon's original TASER StrikeLight, and easier to store away in a large pocket, backpack or purse.

Protective Recognized by EPA for Leading Green Power Use at Birmingham Headquarters

Retrieved on: 
Monday, March 14, 2022
Professional Services, Utilities, Environment, Insurance, Alternative Energy, Energy, Finance, Dai, Electricity, Partner, Partnership, Ozone, Green Power Partnership, Kilowatt-hour, Protection, Alabama Power, Fortune, Air pollution, Multimedia, Program, Acid rain, University, Protective Life, Wind, Organization, EPA, Renewable energy, EPA’s Green Power Partnership, Protective, EPA’S GREEN POWER PARTNERSHIP, PROTECTIVE

View the full release here: https://www.businesswire.com/news/home/20220314005255/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220314005255/en/
    Last summer, Protective announced its collaboration with Alabama Power to operate its Birmingham headquarters with 100% renewable energy.
  • Protective is honored to be named to the EPAs Green Power Partnership, said Scott Adams, executive vice president, corporate responsibility, strategy and innovation for Protective.
  • "EPA applauds Protective Life Insurance Companys Birmingham headquarters for its leadership position in the green power marketplace," said James Critchfield, Program Manager of EPA's Green Power Partnership.
  • According to the U.S. EPA, Protectives green power use at its Birmingham headquarters is equivalent to the electricity use of nearly 2,000 average American homes annually.

Dreyfus launches BOLD shares supporting Howard University

Retrieved on: 
Monday, February 28, 2022
BNY Mellon, Development, Pell Grant, Genworth Financial, Newsroom, Graduation, Government, Prospectus, Federal Deposit Insurance Corporation, Partnership, Aon (company), Twitter, Student, ETF, Investment, Education, IBM, School, GRACE, Howard University, Bank, HBCU, Industry, BK, Raytheon Technologies, Thomas R. Pickering Foreign Affairs Fellowship, NYSE, Treasury, Learning, Protective Life, Service, Schwarzman, Dreyfus, Historically black colleges and universities, African Americans, Paramount, UPMC, Solution, Face, Program, Research, Cryptocurrency, Management, Security (finance), Financial services, University

Howard University, a leading Historically Black College and University (HBCU), was specifically chosen due to its unwavering commitment to underrepresented minorities and dedication to affordable education.

Key Points: 
  • Howard University, a leading Historically Black College and University (HBCU), was specifically chosen due to its unwavering commitment to underrepresented minorities and dedication to affordable education.
  • "Investors can make a significant impact with their cash investments and support Howard University, one of the most distinguished universities in the country," said John Tobin, chief investment officer, Dreyfus.
  • "Partnering with Howard University to help empower the next generation of leaders is an honor.
  • Founded in 1867, Howard University is a private, research university that is comprised of 14 schools and colleges.

Protective to Host 2022 Annual Company Update Webcast

Retrieved on: 
Thursday, February 24, 2022
Other Professional Services, Professional Services, Insurance, Finance, Dai, CDT, Protective Life, Senior, Company, Update, Management

Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750, Dai-ichi), will host its Annual Company Update webcast on March 30, 2022, from 10 - 11 a.m. CDT.

Key Points: 
  • Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750, Dai-ichi), will host its Annual Company Update webcast on March 30, 2022, from 10 - 11 a.m. CDT.
  • Company leaders will discuss Protectives 2021 financial results, current business strategy and 2022 outlook.
  • Those who plan to attend should register on the event website, https://cvent.me/Vye5bY , by March 28, 2022.
  • Founded in 1907, Protective Life Corporation (Protective) is on a mission to help more people achieve protection and security in their lives.