BIRMINGHAM, Ala.--(BUSINESS WIRE)--Protective Life Corporation (“Protective”), a wholly owned U.S. subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750, “Dai-ichi”), announced today that Brad Gabel will join the Company as Vice President and Chief Underwriting Officer.
With 30 years of insurance underwriting experience, Gabel most recently served as Chief Underwriting Officer at TIAA-CREF Life Insurance Company. Prior to this position, he served as Chief Underwriter for American International Group, Inc. (AIG) from 2004 to 2015. Gabel is a Chartered Life Underwriter (CLU), a Fellow of Academy of Life Underwriting (FALU), and a Fellow of the Life Management Institute (FLMI).
Richard J. Bielen, Protective President and Chief Operating Officer, said, “Brad has experience with both traditional and emerging risk selection methods, and has successfully worked with product, risk, and distribution partners to evolve underwriting strategies. We are very focused on innovative methods to meet today’s customer expectations and Brad is a strong addition to the Protective team.”
Gabel will be replacing Steve Mac Donald, who has served as Protective’s Chief Underwriting Officer since 2006 and will be retiring this summer.
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, 2015 the Company had assets of approximately $68.5 billion. Protective Life Corporation is a wholly owned subsidiary of Dai-ichi Life Holdings, Inc. (TSE:8750, “Dai-ichi”)
For more information on Protective, please visit www.Protective.com.