Clark Consulting White Paper Examines the Strategic Use of Insurance Company-Owned Life Insurance (ICOLI)

Share Article

Clark Consulting, LLC, in a new white paper, discusses the increasing popularity of life insurance programs designed specifically for life insurance companies, their favorable tax and accounting treatment including an immediate accretion to earnings, and how they are being utilized to offset the increasing costs of employee benefit liabilities.

Clark Consulting, LLC, a leader in nonqualified benefit plan design, administrative services and employer-owned life insurance, announced today the release of a new thought leadership piece examining the strategic use of insurance company-owned life insurance (ICOLI). Written by Tom Chisholm, David Fisher and Todd Andritsch, independent consultants of Clark Consulting, the article discusses the rewards and risks of ICOLI programs and why they are gaining popularity with insurance executives who seek cost-effective financing strategies to offset rising executive and employee benefit costs.

According to the article, the benefits of an ICOLI program are numerous, including immediate accretion to earnings, portfolio diversification and capital preservation. In addition, life insurance policies typically receive favorable tax and accounting treatment, as well as favorable risk-based capital treatment, making them a viable investment alternative for portfolio diversification.

Entitled ''Innovations in Insurance Company Financial Management: The Strategic Use of Life Insurance as an Asset on the Insurance Company’s Balance Sheet,'' the paper is available at http://www.clarkconsulting.com/resource/articles/coli/index.shtml and through Clark Consulting independent consultants.

Clark Consulting, LLC, headquartered in Dallas, is an AEGON company. AEGON N.V. is an international life insurance, pension and investment group based in The Hague, The Netherlands, with businesses in over twenty markets in the Americas, Europe and Asia.

Clark Consulting is a leading source of strategic financing solutions such as bank-owned life insurance (BOLI) and corporate-owned life insurance (COLI) for inefficiently funded and unfunded liabilities that result from executive and employee benefit programs.

Since 1967, Clark Consulting has helped place thousands of benefit plans and serves as the record keeper for billions in assets for leading American corporations and banks.

Contact: Robert Frump, Editorial Director, Clark Consulting    214-661-9852

Securities products and services are offered through Clark Securities, Inc., DBA CCFS, Inc., in
Texas: 2100 Ross Avenue, Suite 2200, Dallas, TX 75201-7906. Phone: 800.999.3125. Member FINRA and SIPC.

# # #

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Robert Frump
Visit website