Willkie Farr & Gallagher LLP
04/29/2026 | News release | Distributed by Public on 04/29/2026 08:17
Willkie Advises Protective Life Corporation on Acquisition of Obsidian Insurance Holdings
Willkie Advises Protective Life Corporation on Acquisition of Obsidian Insurance Holdings
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April 29, 2026
Willkie is representing Protective Life Corporation, a U.S. subsidiary of Daiichi Life Group, Inc. (TSE:8750), in its acquisition of Obsidian Insurance Holdings, Inc., a leading property, casualty and specialty insurance platform.
On April 28, Protective Life Corporation announced that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire Obsidian Insurance Holdings, Inc. and its affiliates from Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare industries.
The acquisition will establish a new business line for Protective and represents an important step in the company's long-term strategy to diversify its earnings and grow in complementary markets.
The Willkie team is led by partners Alexander Dye, Sarah Wong and David Heales and includes associates Bridget Hamway and Matthew Killip.
On April 28, Protective Life Corporation announced that its principal subsidiary, Protective Life Insurance Company, entered into an agreement to acquire Obsidian Insurance Holdings, Inc. and its affiliates from Genstar Capital, a leading private equity firm focused on investments in targeted segments of the financial services, software, industrials and healthcare industries.
The acquisition will establish a new business line for Protective and represents an important step in the company's long-term strategy to diversify its earnings and grow in complementary markets.
The Willkie team is led by partners Alexander Dye, Sarah Wong and David Heales and includes associates Bridget Hamway and Matthew Killip.
Alexander M. Dye Partner Insurance - Transactional and Regulatory
New York [email protected] +1 212 728 8642
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Willkie Farr & Gallagher LLP published this content on April 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 29, 2026 at 14:17 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]