Dai-ichi Life-backed Protective Life, a financial service holding company, agreed to acquire ShelterPoint, a life Insurance company, from Eos Partners, an alternative investment firm. Financial terms were not disclosed. "This transaction will ring in and accelerate an inspiring new chapter for our company. At the same time, this transaction is expected to empower ShelterPoint to even further enhance its longstanding DBL/PFL capabilities2 that customers have come to trust and rely on when needing to take leave," Leston Welsh, ShelterPoint CEO.