Dai‑ichi Life-backed Protective Life completed the acquisition of AUL.

Dai‑ichi Life-backed Protective Life, a provider of life insurance, group life insurance, health insurance and annuity products, completed the acquisition of AUL, an automotive finance and insurance provider. Financial terms were not disclosed. “AUL is excited about the opportunity to join the Protective family. Combining Protective’s resources and reach with our rapidly growing platform will enable us to provide more robust solutions for our agents and dealers. Protective and AUL also align in our focus on culture and opportunities for our employees, contributions to our communities and award‑winning customer service. We’re excited to move forward together," Jimmy Atkinson, AUL President and CEO.