Providing BOLI and COLI solutions for nearly three decades without interruption.
We are institutional business specialists with market-speciﬁc expertise in developing client-oriented solutions. We work directly with advisors, third-party plan administrators, and clients to nurture strong relationships, explain our capabilities, and help ensure that the objectives of our bank, corporate and insurance clients are met. We understand the responsibility of developing and servicing sustainable ﬁnancial products, which is why our business is staffed with specialists and experienced professionals dedicated solely to our institutional clients.
We value our broker relationships and look to continue to establish strategic partnerships with a focus on a long-term view and client needs. Newhave the highest ratings for financial strength currently awarded to any life insurer by all four rating agencies. New York Life is one of only two companies in the industry that can make this claim*.
Contact Us at email@example.com
*Third-Party Rating Reports as of 10/18/2022: A.M. Best (A++), Fitch (AAA), Moody’s Investors Service (Aaa), Standard & Poor’s (AA+).
While many carriers have retreated from or exited the institutional markets, New York Life has demonstrated its commitment through all economic climates and plans to continue doing so. New York Life Insurance and Annuity Corporation, issuer of BOLI and COLI products, is a wholly owned subsidiary of New York Life Insurance Company. Throughout its over 175-year history, New York Life has built a reputation for ﬁnancial strength and sustainability.
As a wholly-owned subsidiary of New York Life, the largest mutual life insurance carrier in the U.S.2, NYLIAC can take the long-view and focus on what's in the best long-term interests of policy owners, as opposed to short-term interests of shareholders of a publicly held corporation. With the experience and conﬁdence gained from successfully navigating the economy’s ups and downs, we can assure our more than 2,000 institutional market clients that we are a reliable and dedicated partner. Even though we can’t predict the future, we are always poised to help our clients prepare for whatever lies ahead.
Access our illustration software, product fact sheets, underwriting charts, licensing and appointment information, and more.
1Low Cost Investment Divisions – 91% of our funds have a fee below their respective category average. 73% have fees in the least expensive third of their respective category. We partner with over 20 asset managers.
2Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 6/2022.