Protective Life Corp. says it’s one of the life insurers that will be de-emphasizing physical, brick-and-mortar offices.
Protective is a Birmingham, Alabama-based subsidiary of Dai-ichi Life Holdings of Tokyo.
(Related: AIG to Stick With Brick-and-Mortar Offices)
Protective says it will be keeping physical offices in Birmingham, Cincinnati and St. Louis but closing six other physical offices.
Before the COVID-19 pandemic began, about 19% of Protective employees were based outside of traditional physical offices.