Kirkland Advises Protective Life Corporation on Acquisition of ShelterPoint

Kirkland & Ellis advised Protective Life Corporation (Protective), a U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750), on an agreement for Protective’s principal subsidiary, Protective Life Insurance Company, to acquire ShelterPoint Group, Inc., a leading provider of statutory disability, paid family and medical leave and medical gap insurance products, among others. The transaction is expected to close before the end of the year, pending regulatory approvals and other customary closing conditions.

Read Protective’s press release

The Kirkland team was led by corporate partners Kimberly Meng Han and Rajab Abbassi and associates Alex Rodriguez Perez, Shaq Taylor and Aburiyeba Ibiye Amaso; insurance regulatory partner Parimah Hassouri; tax partner Polina Liberman and associate Joey Morley; technology & IP transactions partner Jeffrey Seroogy and associates Rob Patrignani and Leonor Suarez; healthcare partner Anthony Del Rio and associate Jonathan Deitch; transactional liability insurance partner Hayley Hollender; and antitrust partner Andrea Murino and associates Chris Salvatore and Declan Duggan, with additional support from corporate associate Alex Adamis.