LV= buyer Bain Capital 'very supportive' of protection plans

The acquisition of LV= by Bain Capital is a "real endorsement of the protection market", the insurer's head of protection Debbie Kennedy has told COVER. "It's a great outcome for us," she said. "It provides us with the investment we need to not only deliver on our strategic plan but also to accelerate that growth. I also think it is a real endorsement for the protection market as a whole. Bain Capital had many choices to make for their investment so it does send a real signal that we're a strong and healthy market and an attractive proposition as well." Kennedy added that Bain Capital...