First Protective Insurance Group
First Protective Insurance Group is a privately held Birmingham, Alabama-based insurance distribution firm founded in 1983, operating within the Protective Life Corporation ecosystem to deliver dedicated insurance products and Insurance Consultant support to Edward Jones Financial Advisors and their branch office teams across the United States.
- Company typePrivate
- Founded1983
- HeadquartersBirmingham, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
First Protective Insurance Group firmographics
Firmographics- Name
- First Protective Insurance Group
- Website
- https://firstprotective.com
- Company type
- Private
- Founded year
- 1983
- Headcount range
- 51–100 employees
- Short description
- First Protective Insurance Group is a privately held Birmingham, Alabama-based insurance distribution firm founded in 1983, operating within the Protective Life Corporation ecosystem to deliver dedicated insurance products and Insurance Consultant support to Edward Jones Financial Advisors and their branch office teams across the United States.
- Ownership category
- akta.pro rank
First Protective Insurance Group industry classification
Industry- Product category
- Insurance Services
- NAICS
- Insurance Agencies and Brokerages (524210), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Reinsurance Solutions for Group Benefits (Group Life, Group Disability, Supplemental Health) (FSAOAAAH)
- akta.pro secondary industries
- Group AD&D Insurance (Employer-Sponsored) (FSAIALAA), Fully Insured Small Group Plans (HLAEAAAB)
Keywords
Where First Protective Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Birmingham
- HQ country
- United States
- HQ region
- North America
Markets served
First Protective Insurance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations
Distribution channels1 record
First Protective Insurance Group product offering
Product offeringCore offering
First Protective Insurance Group is a privately held insurance organization founded in 1983 and headquartered in Birmingham, Alabama, with 51-100 employees. The supplied sources contain no direct first-party description of First Protective Insurance Group's products; the only directly evidenced operational activity is its 2016 acquisition of MacNamee Group, consistent with an insurance distribution or specialty insurance business model.
Differentiator
Problem solved
Functional benefit
Companies that use First Protective Insurance Group
Customer profileSegments1 record
Ideal customer profiles1 record
First Protective Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
First Protective Insurance Group partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Protective Life CorporationcoreConcourse Distributors, Inc. is a wholly owned subsidiary of Protective Life Corporation. Concourse Distributors is an insurance distribution company operating in some states as IDI Insurance Agency.
- Edward JonescoreConcourse Distributors was founded for the primary purpose of serving Edward Jones Financial Advisors and their branch office teams. The company provides a nationwide network of Insurance Consultants to assist advisors and branch office administrators.
- Investment Distributors, Inc.minorVariable products offered by broker-dealer affiliate Investment Distributors, Inc., Birmingham, AL.
First Protective Insurance Group competitors and assessment
Company assessmentBroad incumbents
- NFP (National Financial Partners): Large diversified insurance brokerage and advisory firm with significant life, disability, and property/casualty distribution. Comparable in distribution model but much broader in scale and product breadth than the subject firm's niche protective focus.
- Mutual of Omaha: Diversified insurer and distributor of life insurance, disability income, and supplemental health products through independent agents and financial advisors. Comparable protective-product portfolio distributed through an advisor channel.
- Ameritas: Insurance and financial services company with a strong individual life and disability product line distributed through financial advisors. Comparable mix of protective products and advisor-led distribution.
- OneAmerica Financial Partners: Mutual insurance and financial services company offering life insurance, disability, and retirement products distributed through a captive and independent advisor network. Comparable as a parent-style life insurer with owned distribution into advisor channels.
- Brown & Brown: National insurance distribution firm with a sizable life and benefits practice serving advisors and employer groups. Comparable as an incumbent insurance intermediary, though substantially larger and more diversified.
Direct peers
- Ash Brokerage: Insurance distribution firm focused on life insurance, annuities, and disability products for financial advisors. Highly comparable business model: specialized distribution partner for advisor networks, with emphasis on case-design and back-office support for producers.
- Crump Life Insurance Services: Wholesale insurance distributor specializing in life insurance, long-term care, annuities, and disability for financial advisors and producers. Closely comparable: dedicated life insurance wholesaler serving advisor channel similar to First Protective's Edward Jones focus.
- M Financial Group: Membership-based network of independent financial advisory firms with proprietary life insurance distribution and reinsurance arrangements. Comparable as a multi-carrier, advisor-focused insurance distribution platform serving high-net-worth clients.
- Highland Capital Brokerage: Insurance brokerage specializing in life, disability, and long-term care products distributed through financial advisors. Comparable niche focus on protection products within the advisor channel.
Emerging players
- The Cincinnati Life Insurance Company: Mid-sized life insurance carrier with a focused distribution strategy through financial advisors and independent producers. Comparable as a life insurer with a relatively specialized, advisor-channel distribution footprint.
Market position
Customer concentration
First Protective Insurance Group social profiles
Digital presenceFirst Protective Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
First Protective Insurance Group leadership team
Management profileNumber of profiles
First Protective Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
First Protective Insurance Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about First Protective Insurance Group
What does First Protective Insurance Group do?
First Protective Insurance Group is a privately held insurance organization founded in 1983 and headquartered in Birmingham, Alabama, with 51-100 employees. The supplied sources contain no direct first-party description of First Protective Insurance Group's products; the only directly evidenced operational activity is its 2016 acquisition of MacNamee Group, consistent with an insurance distribution or specialty insurance business model.
When was First Protective Insurance Group founded?
First Protective Insurance Group was founded in 1983. It employs 51 to 100 people.
Where is First Protective Insurance Group based?
First Protective Insurance Group is headquartered in Birmingham, United States, in the North America region.
Who are First Protective Insurance Group's main competitors?
Broad incumbents on record are NFP (National Financial Partners), Mutual of Omaha, Ameritas, OneAmerica Financial Partners and Brown & Brown. Direct peers are Ash Brokerage, Crump Life Insurance Services, M Financial Group and Highland Capital Brokerage. The Cincinnati Life Insurance Company is listed as an emerging player.
Does First Protective Insurance Group have an API?
No public API is recorded for First Protective Insurance Group.
What industry is First Protective Insurance Group in?
First Protective Insurance Group's product category is Insurance Services. Its primary akta.pro industry code is FSAOAAAH, Reinsurance Solutions for Group Benefits (Group Life, Group Disability, Supplemental Health), with a secondary code of FSAIALAA, Group AD&D Insurance (Employer-Sponsored). Its NAICS code is 524210 and its SIC code is 6411.