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Protective completes Obsidian acquisition

PRIVATENov 04, 2026

Acquiring Company

Protective Asset Protection

Acquired Company

Obsidian Insurance Holdings

United StatesFinancial ServicesSoftwareMedia And EntertainmentInsurance

Description

Protective Life Insurance Company has completed its acquisition of Obsidian Insurance Holdings, Inc. and its affiliates from Genstar Capital. The deal, first announced in April 2026, establishes a specialty property and casualty insurance business line and expands Protective into the excess and surplus insurance market. It is Protective's 62nd acquisition and its ninth since joining Daiichi Life Group in 2015.

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Company Information

Company

Protective Asset Protection

About

Protective Asset Protection has been providing Finance & Insurance solutions for the automotive industry for 60 years. We proudly serve thousands of dealerships throughout the U.S. and Puerto Rico with innovative F&I products, training, dealer participation programs and technology. Our portfolio of vehicle protection plans, GAP coverage, limited warranties and ancillary products provide opportunities to generate revenue with products that help drive customer retention and satisfaction. Protective Asset Protection is part of the financial services holding company, Protective Life Corporation. For more information about Protective Asset Protection, call 800-794-5491 or visit www.ProtectiveAssetProtection.com.

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Frequently asked

Who acquired Obsidian Insurance Holdings?

Obsidian Insurance Holdings was acquired by Protective Asset Protection. The deal was reported on November 4, 2026. Protective Asset Protection has been providing Finance & Insurance solutions for the automotive industry for 60 years. We proudly serve thousands of dealerships throughout the U.S. Protective Asset Protection is privately held and operates in Financial Services.

When did Protective Asset Protection acquire Obsidian Insurance Holdings?

Protective Asset Protection's acquisition of Obsidian Insurance Holdings was reported on November 4, 2026. Protective Life Insurance Company has completed its acquisition of Obsidian Insurance Holdings, Inc. and its affiliates from Genstar Capital. 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.

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