Protective Acquires ShelterPoint Group, Inc.
April 9, 2024
Protective Life Insurance Company, a U.S. subsidiary of Dai-ichi Life Holdings, completed the acquisition of ShelterPoint Group, Inc., a provider of statutory disability, paid family and medical leave, and medical gap insurance products. The deal, in which ShelterPoint was owned by Eos Partners, adds a new employee benefits business line to Protective and expands its product offering and customer base across state-mandated leave markets.
- Buyers
- Protective Life Insurance Company, Dai-ichi Life Holdings, Inc.
- Targets
- ShelterPoint Group, Inc.
- Sellers
- Eos Partners
- Industry
- Insurance
- Location
- New York, United States
- Transaction Type
- Buyout
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