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Protective acquires Obsidian Insurance Holdings

PRIVATENov 02, 2026

Acquiring Company

Protective

Acquired Company

Obsidian Insurance Holdings

BirminghamUnited StatesFinancial ServicesInsurance

Description

Protective Life Corporation has completed its acquisition of Obsidian Insurance Holdings, Inc. This move establishes Protective’s fifth business line focused on specialty property and casualty insurance, enhancing its portfolio and growth opportunities.

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Company Information

Company

Protective

Location

Birmingham, Alabama, United States

About

Protective Life Corporation is a U.S. subsidiary of Dai-ichi Life Holdings, Inc. It has a long history of providing life insurance, annuity, and asset protection solutions, with a focus on helping millions of people protect what matters most. With more than 3,800 employees, Protective is committed to delivering on its promises with a long-term focus, financial stability, and a commitment to doing the right thing.

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Frequently asked

Who acquired Obsidian Insurance Holdings?

Obsidian Insurance Holdings was acquired by Protective, based in Birmingham. The deal was reported on November 2, 2026. Protective Life Corporation is a U.S. subsidiary of Dai-ichi Life Holdings, Inc. Protective is privately held and operates in Financial Services.

When did Protective acquire Obsidian Insurance Holdings?

Protective's acquisition of Obsidian Insurance Holdings was reported on November 2, 2026. Protective Life Corporation has completed its acquisition of Obsidian Insurance Holdings, Inc. This move establishes Protective’s fifth business line focused on specialty property and casualty insurance, enhancing its portfolio and growth opportunities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Obsidian Insurance Holdings do?

Obsidian Insurance Holdings, Inc. is an insurance holding company that offers property, casualty, and specialty insurance solutions. Founded in 2020, it manages a diverse portfolio and supports program partners across the U.S. It is privately held, operating in Insurance, and is based in United States.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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