Skadden is advising JAB Insurance on the acquisition of Utmost Life and Pensions (ULP), a U.K. life and pensions platform with more than £5 billion of assets under management and serving approximately 290,000 pensioners. ULP is focused on providing solutions in the U.K. Bulk Purchase Annuity market and servicing its existing policies. The Skadden team includes Robert Chaplin and Sebastian Barling.