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Solutions Insurance BOLI

BANK OWNED LIFE INSURANCE (BOLI)

Optimize Your BOLI Program

Newport, an Ascensus company, provides an end-to-end platform that helps many of the country’s largest BOLI holders build and maintain optimized BOLI programs.

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End-to-end comprehensive BOLI platform

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 200,800+ 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.

As of 6/30/2026

BENEFITS

  • Personal, loyal relationships that include a dedicated relationship manager and 24/7 online access

  • Complete outsourcing solution, allowing clients to focus on their primary business

  • Close collaboration—from the initial purchase of BOLI through the ultimate maturity of the asset—to help assure that the BOLI program is being managed to help meet each bank’s needs

Why BOLI?

BOLI is a valuable and commonly used tool that banks of all sizes can utilize to offset rising costs of employee benefits programs. Additionally, BOLI is a strategic funding tool that can provides attractive returns through cash value growth and tax-advantaged insurance proceeds. A well-designed BOLI program can be financially beneficial, more efficient than other funding alternatives, and complies with sound banking practices.

Our full suite of BOLI services also includes:

  • Separate account investment analytics

  • Expert insurance carrier and product analysis in all BOLI product types including general, hybrid, and separate accounts

  • Insurance company credit analysis

  • Mortality adjusted program projections

Explore these resources

Discover detailed insights on BOLI services that can aid management of BOLI portfolios and intricate tax and regulatory nuances.

Homeownership Opportunity Act Introduced

Representatives Greg Steube (R-FL) and Jimmy Panetta (D-CA) have introduced H.R. 10944, the Homeownership Opportunity Act, legislation to allow penalty-free distributions from workplace retirement savings arrangements for down payment and closing costs when purchasing a primary residence.
Defined contribution plan IRA Legislative updates
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Small business owners looking to implement a retirement plan for their small business commonly decide a SIMPLE IRA is a good savings vehicle for them to start out with; it’s a low-cost option that is pretty easy to run and offers employees a place to save for retirement. However, as the business grows and business owners start to experience limitations in the plan, many outgrow their SIMPLE IRA and begin to think about upgrading to a 401(k) plan.
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Employer Matching Contributions: Strategies to Maximize Plan Impact

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*Based on cash surrender value, as of 6/30/2026.

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.

Let’s Connect

Advisors and clients can rely on our BOLI team to provide expertise throughout the entire BOLI lifecycle, including pre-purchase due diligence, product selection, implementation, administrative reporting, regulatory compliance, and death claim sweeps and processing.

Once you submit the form, a representative from our team will contact you within one business day.