Our services
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Monthly or quarterly cash value reporting (depending on client preference)
• Carrier auditing and second business day summary
• Monthly cash value investment performance reports vs. benchmark
• We currently administer over $2 billion of BOLI assets for 200 banks – and have over 10,000 policies in force with programs ranging from community banks to large money center banks.
• Quarterly social security sweep
• Quarterly stable value crediting rate reset analysis
• Quarterly investment manager commentaries
• Regular updates on any pertinent compliance issues regarding bank regulators, the insurance market or tax laws impacting BOLI
• Regular updates on carrier ratings and carrier financials
• Analysis comparing the BOLI asset to the growth of your bank’s core capital
• Peer group analysis to compare BOLI holdings
• SERP, Split Dollar accruals
• Death claim processing

Annual review, including
    1. A review of past year’s performance
    2. A projection of the upcoming year’s performance
    3. A comprehensive assessment of the specific risks associated with BOLI
    4. Identification of the employees that are insured
    5. An analysis of death benefit amounts relative to employee salaries
    6. Calculation of the percentage of insured persons still employed by
      your bank
    7. Identification of any material changes to the bank’s BOLI risk management policies
    8. An assessment of the effects of BOLI policy exchanges
    9. An analysis of mortality performance and impact on income
    10. An evaluation of material findings from internal or external audits and independent risk management reviews
    11. Identification of the reason for and tax implications of any BOLI
      policy surrenders