Today, Birmingham-based Protective Life Corporation (Protective) announced its plans to acquire Portfolio Holding, Inc., a leading national provider of reinsurance management services and finance and insurance (F&I) products. A significant milestone in Protective’s strategic growth within its F&I products and services, the acquisition will allow Protective to expand its ability to deliver leading solutions that drive dealer success and customer satisfaction.

Protective acquires Portfolio

Dating back nearly 118 years, Protective Life Corporation is a Birmingham-based insurance and investment firm and is a U.S. subsidiary of the Dai-ichi Life Insurance Co. of Tokyo, Japan. As part of its services, Protective offers finance and insurance solutions to the automotive industry, supporting 10,0

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