News and Financial Information

Protective Life Corporation Names Nancy Kane Executive Vice President, Acquisitions & Corporate Development

Thursday, March 14, 2019 2:46 pm EDT

Dateline:

Birmingham, Ala.
"Throughout her tenure at Protective, Nancy has been an instrumental player in numerous acquisitions, including the two largest transactions in company history"

Protective Life Corporation (Protective) is pleased to announce that Nancy Kane has been appointed to the role of Executive Vice President, Acquisitions and Corporate Development. With over 20 years of experience at Protective, Kane most recently served as Senior Vice President, Acquisitions and Corporate Development, a role she held since 2013.

“Throughout her tenure at Protective, Nancy has been an instrumental player in numerous acquisitions, including the two largest transactions in company history,” said Rich Bielen, President & CEO, Protective. “We value her leadership and talent and look forward to the contributions she will continue to make to our shared success.”

Kane joined Protective Life as Senior Associate Counsel in 1997. Prior to leading acquisitions, she oversaw Protective’s life insurance securitization function and provided legal support for numerous areas, including corporate securities, investments and acquisitions. 

A long-time volunteer with Special Equestrians, Kane is also active in Birmingham’s philanthropic community, currently serving on the boards of the Hispanic Interest Coalition of Alabama and the Children's Aid Foundation. She is the president-elect of the board of Momentum and a past president of the board of the Children’s Aid Society. Prior to joining Protective, Kane was an associate with Debevoise and Plimpton in New York, practicing in the areas of corporate and securities law. She earned a Bachelor of Arts from the State University of New York at Oneonta and a Doctor of Jurisprudence from Yale Law School.

The acquisitions segment has been a critical driver of Protective’s success throughout its history. Over the past year, the Company has announced agreements to acquire via reinsurance substantially all of the individual life and annuity business of Liberty Life Assurance Company of Boston, which closed in May 2018, and of Great-West Life & Annuity Insurance Company, which is expected to close in the first half of 2019. Each of these acquisitions represents an estimated capital investment of approximately $1.2 billion.

ABOUT PROTECTIVE

Protective Life Corporation provides financial services through the production, distribution and administration of insurance and investment products throughout the U.S. The flagship subsidiary, Protective Life Insurance Company, was founded in 1907. Protective’s home office is located in Birmingham, Alabama. As of December 31, 2018, the Company had assets of approximately $90 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750). For more information about Protective, please visit www.Protective.com.

Company Contact

Brittnie Bordonaro
Corporate Communications
Protective Life Corporation
(205) 268-8611
brittnie.bordonaro@protective.com

Social Media