Newport, an Ascensus company, provides clients with a full range of services to help them optimize their BOLI program. Our BOLI team consists of 75+ professionals who manage over $63 billion of BOLI cash value and more than 219,000 policies issued by some of the top life insurance companies in the country.* Advisors and clients can rely on our team to provide expertise throughout the entire BOLI lifecycle, which includes pre-purchase due diligence, product selection, implementation, administrative reporting, regulatory compliance, and death claim sweeps and processing.
Discover detailed insights on BOLI services that can aid management of BOLI portfolios and intricate tax and regulatory nuances.
Expand my practice · Article
Help clients maximize the effectiveness of their bank-owned life insurance (BOLI) programs with these six best practices. Learn how to structure a BOLI program, understand regulatory and tax rules, review due diligence procedures, verify credit quality, monitor market conditions, and find a comprehensive provider.
Expand my practice · Article
With high interest rates persisting over the past few years, it's crucial for advisors to review and enhance clients' Bank-Owned Life Insurance (BOLI) policies to improve performance, credit, and risk-weight characteristics. Learn two proven strategies to help your clients optimize their BOLI portfolios.
Expand my practice · Article
Learn how BOLI programs can help clients offset employee benefit expenses, achieve higher returns, and improve credit characteristics, and discover how partnering with an expert in institutional insurances can help you navigate the complexities of BOLI while growing your long-term, sustainable revenue.
*Based on cash surrender value, as of December 31, 2023
Securities related insurance products are offered through Ascensus Broker Dealer Services, LLC (“ABDS”), member FINRA/SIPC. Securities in California are offered under the d/b/a Ascensus Corporate Insurance Solutions. Non-securities related insurance products may be offered through Newport Group, Inc. For more information, please visit – www.ascensus.com.
