Services
ICOLI
Insurance Company Owned Life Insurance
IIG is the market leader in ICOLI — the largest ICOLI broker and administrator by new premium volume and assets under advisory, with $60B+ in ICOLI assets across 125+ U.S. insurance companies.
What is ICOLI?
ICOLI (Insurance Company Owned Life Insurance) is a form of corporate owned life insurance utilized by insurance companies. Like other forms of corporate and bank owned life insurance (COLI, BOLI), ICOLI is an institutionally priced corporate life insurance asset used to informally finance employee benefit expenses.
ICOLI is a well-established and accepted practice, with more than $60 billion in ICOLI assets held by over 125 U.S. insurance companies. A properly designed ICOLI program delivers tax-advantaged earnings, favorable risk-based capital treatment, and reduced earnings volatility — while helping carriers informally fund executive and employee benefit obligations.
How an ICOLI Program is Structured
An ICOLI program is typically structured with the insurance company as both the owner and beneficiary of the ICOLI policies, and a select group of consenting senior employees as the insureds. ICOLI programs can be designed with general account, separate account, or hybrid structures — including Insurance Dedicated Fund (IDF) and stable value features.
Economic Benefits
Why ICOLI?
A properly structured ICOLI program can produce significant economic benefits.
Tax Advantages
Earnings are permanently income tax-free, if held to maturity, providing significant long-term economic benefits.
Risk-Based Capital
Advantageous risk-based capital treatment that strengthens your balance sheet.
Reduced Volatility
Potential to significantly reduce earnings volatility while maintaining competitive benefits.
Market Leadership
IIG is the leader in ICOLI
IIG is the leader in the ICOLI marketplace*, having designed and implemented some of the largest and most complex programs in the last decade. IIG has been at the forefront of recent industry advancements in product and insurance dedicated fund (IDF) designs used in the implementation of these programs.
* Based on program implementations and assets under advisement
Learn More
To learn more about IIG's market-leading approach to ICOLI programs, please contact us directly.
Contact Us