Dai-ichi

Protective Life Corporation Announces Board of Directors Updates

Retrieved on: 
Tuesday, May 7, 2024
Other Professional Services, Professional Services, Insurance, Dai, Janus, EVP, Dai-ichi, Digital, Senior, Janus Capital Group, OJW, Knowledge, Management

Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors.

Key Points: 
  • Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors.
  • “Through their diverse and robust experience, Protective’s Board of Directors have collectively helped guide the company to our current position of strength,” said Michael J. Morrissey, Chairman of Protective’s Board of Directors.
  • Hitoshi Yamaguchi, Representative Director and Senior Managing Executive Officer of Dai-ichi, Takashi Iida, Director and Managing Executive Officer of The Dai-ichi Life Insurance Co., Ltd., and Koichi Nishiyama, Managing Executive Officer of The Dai-ichi Life Insurance Co,.
  • For more information about Protective’s Board of Directors, visit https://investor.protective.com/board-of-directors .

Protective Life Insurance Company Launches New Advisory Variable Universal Life Product on FireLight

Retrieved on: 
Thursday, April 18, 2024
Professional Services, Technology, Insurance, Finance, Software, Fintech, Dai, Prospectus, VUL, Policy, Oids, Business development, Workflow, Dai-ichi, Life, RIA, Protective Life, Firelight, Financial adviser

Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced that Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), has selected FireLight to support digital sales and submission processes for its new advisory variable universal life (VUL) product, Protective Investors Benefit Advisory VUL.

Key Points: 
  • Hexure, a provider of sales and regulatory automation solutions for the life and annuity industry, announced that Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), has selected FireLight to support digital sales and submission processes for its new advisory variable universal life (VUL) product, Protective Investors Benefit Advisory VUL.
  • “As we build a new market for advisory life insurance, it made perfect sense for Protective to collaborate with Hexure for our fee-based advisory VUL offering as well.”
    With their RIA distributors already using FireLight, Protective saw the value in expanding its FireLight experience to include life products.
  • FireLight e-application, a sales component of the FireLight end-to-end sales platform, provides the flexibility and administrative tools to support Protective’s growing life business.
  • Protective Investors Benefit Advisory VUL issued on policy form VUL-15 9-19 and state variations in all states except New York by Protective Life Insurance Company, Nashville, TN.

AM Best Comments on Credit Ratings of Protective Life Corporation Following Acquisition Announcement

Retrieved on: 
Wednesday, April 10, 2024
Other Professional Services, Professional Services, Insurance, Dai, Protective Life, News, Credit, AM Best, Dai-ichi, ALL

AM Best has commented that the Credit Ratings (ratings) and the associated debt of Protective Life Corporation (Protective Life) (Birmingham, AL), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi; TSE:8750), and its primary life insurance subsidiaries remain unchanged following the announcement that Protective Life Insurance Company has entered into an agreement to acquire ShelterPoint Group, Inc.

Key Points: 
  • AM Best has commented that the Credit Ratings (ratings) and the associated debt of Protective Life Corporation (Protective Life) (Birmingham, AL), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi; TSE:8750), and its primary life insurance subsidiaries remain unchanged following the announcement that Protective Life Insurance Company has entered into an agreement to acquire ShelterPoint Group, Inc.
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

AM Best Affirms Credit Ratings of The Dai-ichi Life Insurance Company, Limited

Retrieved on: 
Friday, February 9, 2024
Consulting, Professional Services, Insurance, Finance, Dai, Communication, Risk management, DL, Neo, News, Dai-ichi Life, ALL, JPY, DLH, Risk, Dai-ichi, Credit, AM Best, Superior

Dai-ichi Life, Dai-ichi Frontier Life Insurance Co., Ltd., and The Neo First Life Insurance Company, Limited) to meet customer needs across different segments.

Key Points: 
  • Dai-ichi Life, Dai-ichi Frontier Life Insurance Co., Ltd., and The Neo First Life Insurance Company, Limited) to meet customer needs across different segments.
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.

AM Best Affirms Credit Ratings of Partners Life Limited

Retrieved on: 
Thursday, January 11, 2024
Banking, Professional Services, Insurance, Finance, Dai, Credit, ALL, Bank of New Zealand, Bank, Partners Life, Partner, Communication, Dai-ichi, Acquisition, Risk management, News, AM Best

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Partners Life Limited (Partners Life) (New Zealand).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Partners Life Limited (Partners Life) (New Zealand).
  • The company’s market share has increased following its acquisition of BNZ Life Insurance Limited (BNZ Life) in fiscal year 2023.
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Protective Life Corporation Announces Transformation to Drive Growth

Retrieved on: 
Thursday, November 9, 2023
Professional Services, Insurance, Finance, Dai, Risk, Wells, Protection, Multimedia, Senior, Growth, Treasurer, Culture, 14th Railway Facilities Protection Division NKVD, Dai-ichi, Management, Renewable energy, Operation

Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announced today leadership changes that will help drive transformative change, deliver greater value for customers, and establish a roadmap for building the company’s future.

Key Points: 
  • Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announced today leadership changes that will help drive transformative change, deliver greater value for customers, and establish a roadmap for building the company’s future.
  • As part of this business transformation, the company has appointed a new transformation executive and realigned key functions among its executive team.
  • View the full release here: https://www.businesswire.com/news/home/20231109253491/en/
    Scott Adams has been named Executive Vice President, Chief Transformation and Strategy Officer for Protective (Photo: Business Wire)
    Scott Adams has been named Executive Vice President, Chief Transformation and Strategy Officer.
  • We are fortunate to have a proven, innovative leader within Protective to drive our transformation," said Bielen.

Protective Life Insurance Company Receives Favorable Private Letter Ruling on Advisory VUL Offering

Retrieved on: 
Tuesday, October 24, 2023
Professional Services, Insurance, Finance, Dai, Policy, VUL, IRS, RIA, RIAS, SVP, PLR, Internal Revenue Service, Business development, Protection, Private, Average revenue per user, Nashville, Tennessee, Registered investment adviser, Universal Life, Dai-ichi, 14th Railway Facilities Protection Division NKVD, Financial adviser

Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces the Private Letter Ruling (PLR) from the Internal Revenue Service (IRS) related to Protective’s fee-based advisory Variable Universal Life (VUL) offering.

Key Points: 
  • Protective Life Insurance Company (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces the Private Letter Ruling (PLR) from the Internal Revenue Service (IRS) related to Protective’s fee-based advisory Variable Universal Life (VUL) offering.
  • This ruling, an industry first for a life insurance product, was issued on July 17, 2023, by the IRS regarding Protective’s Investors Benefit Advisory VUL offering.
  • “Having the first PLR issued for an advisory VUL offering shows Protective’s commitment to being an industry leader in fee-based insurance for Registered Investment Advisors (RIA),” said Chad Nulty, VP of Business Development for Protective’s RIA Insurance.
  • The Protective Investors Benefit Advisory VUL offering is issued by Protective (Nashville, Tenn.) in all states except New York on policy form ICC19-V15 and state variations thereof.

Aktivolabs Earns HIPAA Certification and Launches Operations in the United States

Retrieved on: 
Friday, October 6, 2023
Technology, Insurance, Health Technology, Professional Services, Data Analytics, General Health, Health, Data Management, Science, Other Science, Dai, Prediabetes, AXA, Certification, GDPR, Dai-ichi, DPA, Risk, HIPAA, SEEDS, Digital, Amaravati seed capital road, Diabetes, ISO, Mitsui, Type, PDPA, Sleep, Digital health, CBT, ISO 27001, Privacy, Life, Enterprise Singapore, Conditional sentence, Cryptocurrency, Sun Life Financial

Aktivolabs, a digital health science company, announced today HIPAA compliance and the launch of its operations in the United States.

Key Points: 
  • Aktivolabs, a digital health science company, announced today HIPAA compliance and the launch of its operations in the United States.
  • “HIPAA, for Aktivolabs, is a validation and testament to our unwavering commitment to upholding the highest standards of data security and privacy,” says Gourab Mukherjee, Co-founder, and CEO of Aktivolabs.
  • Aktivolabs has over half a million paid subscribers, and global clients and partners include Marsh Mercer, AXA, Sunlife, and Dai-ichi.
  • “We respond to this spending challenge with our expansion to the US and recent HIPAA certification to be a trusted partner in the US.

Protective Life Corporation Announces Board of Directors Updates

Retrieved on: 
Tuesday, April 4, 2023
Professional Services, Insurance, Finance, Dai, Federation of American Hospitals, Encompass Health, United States Merit Systems Protection Board, Hospital, Dai-ichi Life, Multimedia, UAB, Federation, Knowledge, Protective Stadium, Dai-ichi, Management

Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors.

Key Points: 
  • Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (Dai-ichi, TSE:8750), announces updates to its board of directors.
  • View the full release here: https://www.businesswire.com/news/home/20230404006045/en/
    “We are pleased to welcome three new, well-respected leaders to Protective’s Board of Directors,” said Michael J. Morrissey, Chairman of Protective’s Board of Directors.
  • Their combined knowledge and experience of the financial and medical industries will bring a depth of leadership to the Protective Board of Directors.
  • Mr. Yamaguchi will replace Toshiaki Sumino, Director, Managing Executive Officer of Dai-ichi Life Holdings, Inc. and Managing Executive Officer of The Dai-ichi Life Insurance Co., Ltd., who has now completed his board term for Protective.

AM Best Affirms Credit Ratings of The Dai-ichi Life Insurance Company, Limited

Retrieved on: 
Friday, February 10, 2023
Insurance, Professional Services, Dai, Credit, Superior, Dai-ichi, AM, DLH, News, AM Best, DL, ALL, Dai-ichi Life, Risk management, Neo, Communication, COVID-19, Infection, Limited

Dai-ichi Life, The Dai-ichi Frontier Life Insurance Co., Ltd. and The Neo First Life Insurance Company, Limited) to meet different customer needs.

Key Points: 
  • Dai-ichi Life, The Dai-ichi Frontier Life Insurance Co., Ltd. and The Neo First Life Insurance Company, Limited) to meet different customer needs.
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry.