Protective Insurance Corporation was founded in 1930 and is a leading provider of specialty insurance for the transportation and fleet market in the USA. The company is headquartered in Carmel, Indiana, and offers a wide range of products and services to meet the needs of its customers. In addition to transportation and fleet insurance, the company also provides insurance for small businesses and individual customers.
Transportation and fleet insurance are the core products of Protective Insurance. The company offers a wide range of coverages for transportation companies, including driver injuries, cargo damage, loss of cargo, and general liability protection. Protective Insurance also offers specialized coverage for specific risks such as waste disposal services, truck rentals, and commercial vehicles for fuel management.
The company also offers a variety of services for customers, including online offerings for police reports, claims management, and risk management. Protective Insurance has also developed a program for fleet management to assist customers in efficiently and cost-effectively managing their fleets.
Protective Insurance also provides insurance solutions for small businesses. The company covers a variety of industries, from retailers to contractors, and offers customers a wide range of coverages, including general liability protection, property protection, and operation protection.
For individual customers, Protective Insurance offers a range of insurance products, including auto, home, and boat insurance. These coverages can be purchased individually or as part of an insurance package to meet the needs of the customer.
Protective Insurance focuses on the professional transportation and fleet insurance market in the USA and is committed to offering a comprehensive range of products and services to meet the demands of customers and their growth. The company relies on high-quality risk analysis and risk management to ensure that customers are provided with the best coverages and services.
In recent years, Protective Insurance has achieved high growth rates in this market segment and continues to expand its business through both organic growth and strategic acquisitions. In April 2020, Protective Insurance announced the acquisition of Baldwin & Lyons, Inc., a provider of insurance for truck fleets and carriers. This acquisition will further strengthen Protective Insurance's business and establish the company as a major player in the market.
In summary, Protective Insurance is a leading provider of specialty insurance for the transportation and fleet market in the USA, offering a wide range of products and services to meet the needs of its customers. Protective Insurance focuses on high-quality risk analysis and risk management to ensure that customers receive the coverages and services that meet their needs. The company has achieved high growth in recent years and continues to expand through strategic acquisitions.