COLI Consulting Group LLC (CCG) offers a comprehensive array of consulting services related to the development of nonqualified executive benefit plans, insurance and non-insurance informal funding of such plans, and effective oversight of inforce assets including asset/liability management.
Consulting Services for Banks:
We have many years of experience helping banks implement and manage Bank Owned Life Insurance programs. Our consulting services are targeted at banks with $5 million or more of existing life insurance cash values or those contemplating the purchase of $5 million or more of premium. We have expertise with the design, pricing and placement of both General Account and Separate Account products including Stable Value wrap products that incorporate alpha-producing enhancement strategies.
Consulting Services for Companies:
COLI Vendor and Product Selection
CCG offers a full array of fee-based consulting services to companies to help you independently and objectively assess insurance versus non-insurance funding solutions for your benefit plans, help you choose the most appropriate product, help you negotiate with the insurance carrier for the most favorable terms available, and help you choose the right broker and plan recordkeeper.
COLI Audit Services
CCG also offers a full array of fee-based consulting services to help you maximize returns from COLI assets, audit existing plan designs for compliance, and assess the quality, cost and effectiveness of services currently being performed by COLI Vendors.
Strategic Planning
CCG has the knowledge, information and vision to help you develop and implement a highly-effective long-term strategic business plan and to help prevent you from repeating many of the common mistakes made by other carriers.
Product Development
CCG has many years of hands-on experience developing and pricing all types of COLI and BOLI products including both General and Separate Account products.
Marketing and Sales Development
CCG has good working relationships with most of the successful brokers in this business and the leadership skills and knowledge to help you develop a highly-effective distribution plan.