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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 .
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Multimedia Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announces that Dom Lebel has joined the company as SVP & Chief Risk Officer, effective May 6.
Key Points:
- Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), announces that Dom Lebel has joined the company as SVP & Chief Risk Officer, effective May 6.
- The company also announced Casey Hardeman has been promoted to SVP, Financial Planning & Analysis.
- View the full release here: https://www.businesswire.com/news/home/20240506244113/en/
Dom Lebel named SVP, Chief Risk Officer for Protective (Photo: Business Wire)
As CRO, Lebel’s primary responsibility is providing independent oversight of enterprise risks with a focus on insurance and product related risks, credit and market risks, as well as operational and technology risks.
- He has helped many life insurers manage risk and capital, improve business performance, and create sustainable advantage via advisory and technology engagements.
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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.
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Protection Protective Life Corporation (“Protective”), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (“Dai-ichi”; TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire ShelterPoint Group, Inc. , a leading provider of statutory disability, paid family and medical leave, as well as medical gap insurance products, among others.
Key Points:
- Protective Life Corporation (“Protective”), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (“Dai-ichi”; TSE:8750), announced today that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire ShelterPoint Group, Inc. , a leading provider of statutory disability, paid family and medical leave, as well as medical gap insurance products, among others.
- ShelterPoint Group, Inc. is the holding company of ShelterPoint Life Insurance Company and its wholly owned subsidiary ShelterPoint Insurance Company (together “ShelterPoint”).
- “On our continued journey to grow our business and serve more people, we are thrilled to add new services to our portfolio through the acquisition of ShelterPoint,” said Rich Bielen, President & CEO of Protective.
- Financial advisors for this deal included Fenchurch Advisory Partners US LP for Protective and Goldman Sachs & Co. LLC for ShelterPoint.
Retrieved on:
Thursday, November 9, 2023
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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.
Retrieved on:
Tuesday, October 24, 2023
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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.
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Tourism Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced the publication of its 2022 Sustainability Report , showcasing recent milestones in its sustainability strategy.
Key Points:
- Protective Life Corporation (Protective), a subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced the publication of its 2022 Sustainability Report , showcasing recent milestones in its sustainability strategy.
- “Over the past year, we continued to enhance Protective’s sustainability strategy and focus,” said Rich Bielen , President & CEO of Protective.
- “We integrate sustainable practices throughout our organization, and in 2022, we remained very intentional – advancing our governance practices, applying direction from our materiality matrix, engaging regularly with our executive team and hiring a dedicated leader for our sustainability efforts.”
Protective’s 2022 Sustainability Report highlights the company’s sustainability achievements within the key pillars of business, people and community, with a strong focus on Diversity, Equity and Inclusion advancements.
- To learn more and engage with Protective’s sustainability story, download the 2022 Sustainability Report at www.protective.com/sustainability .
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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.
Retrieved on:
Thursday, February 2, 2023
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Core city "Together, with these amazing partners, we honor them by gathering up our resources to help make their homes a safe place of pride.
Key Points:
- "Together, with these amazing partners, we honor them by gathering up our resources to help make their homes a safe place of pride.
- My hope is that this is just the beginning of more partnerships and more support of our residents throughout Birmingham."
- Birmingham-based Protective, a national provider of life insurance, annuity and asset protection solutions, spearheaded the new program to support the communities around Protective Stadium in downtown Birmingham.
- "We are pleased to work in collaboration with the Northside community and the Protecting Good partners to provide FORTIFIED roofs to keep these families and homes safe and dry."
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St. Louis Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced that Kathryn Cox has joined the company as senior vice president and will serve as president of the companys Protection Division, effective July 12, 2022.
Key Points:
- Protective Life Corporation (Protective), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), today announced that Kathryn Cox has joined the company as senior vice president and will serve as president of the companys Protection Division, effective July 12, 2022.
- In her role, Cox will lead sales, new business operations, product development and underwriting for the Protection business segment.
- View the full release here: https://www.businesswire.com/news/home/20220713005566/en/
Kathryn Cox, Senior Vice President and President of the Protection Division for Protective (Photo: Business Wire)
With broad experience spanning many areas of our industry, Kathryn is an exceptional fit for our company and this role, said Wade Harrison, executive vice president and chief retail officer of Protective.
- In this role, Cox will provide overall vision and leadership for the Protection Division.
