Debevoise & Plimpton LLP is advising StanCorp Financial Group, Inc., (The Standard) in its acquisition of the Life & Disability business from Elevance Health (NYSE: ELV). For more information, please see the company’s press release.

The Standard is a leading provider of financial protection products and services for employers and individuals. Elevance Health’s companies serve approximately 119 million people through a diverse portfolio of industry-leading medical, digital, pharmacy, behavioral, clinical, and complex care solutions.

The Debevoise team is led by insurance M&A partners Drew Dutton and Nicholas Potter and associate Brita Siepker and includes counsel Megan Arrogante, Robert Fettman, Kim Le and Keith Slattery, associates Katelyn Bryant, Hannah Levine, Khaair Morrison, Mie Morikubo and Katie Power and law clerks Andrea Bell and Saraya Ivanova, benefits partner Franklin Mitchell and associate Spencer Mizerak, tax partners Michael Bolotin and Daniel Priest and associate Cameron Rotblat, IP and technology transactions counsel Caroline Geiger and associates Tigist Kassahun, Paisley Piasecki and Louis Sanchez, antitrust partners Michael Schaper and Erica Weisgerber, counsel Kyra Bromley, associate Brian Desmarais and law clerk Kimberly Anker, and white collar and regulatory defense counsel Johanna Skrzypczyk and associates Noah Schwartz and Michael Roberts.