Our business

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.


Business solutions

Bank Owned Life Insurance

Our BOLI product is designed with General Account and Guaranteed Separate Account portfolio options.

Corporate Owned Life Insurance

Our COLI suite consists of registered* and private placement variable universal life products, with a wide range of investment options, designed to support deferred compensation, supplemental executive retirement plans, and split dollar programs, among other benefit programs.

Insurance Company Owned Life Insurance

Our ICOLI solutions enable insurance companies to strategically finance benefit liabilities, while complementing their overall asset allocation programs with a dynamic and closely managed investment platform.

Group 5

Bank Owned Life Insurance

Our BOLI product is designed with General Account and Guaranteed Separate Account portfolio options.

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Corporate Owned Life Insurance

Our COLI suite consists of registered and private placement variable universal life products, with a wide range of investment options, designed to support deferred compensation, supplemental executive retirement plans, and split dollar programs, among other benefit programs.

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Insurance Company Owned Life Insurance

Our ICOLI solutions enable insurance companies to strategically finance benefit liabilities, while complementing their overall asset allocation programs with a dynamic and closely managed investment platform.

* This material is general in nature and is being provided for informational purposes only. It was not prepared, and is not intended, to address the needs, circumstances, and/or objectives of any specific individual or group of individuals. New York Life and its affiliates are not making a recommendation to purchase any specific products and cannot offer tax or other legal advice. For advice regarding your personal circumstances, you should consult your own independent financial and tax advisers.

Variable life products are issued by New York Life Insurance and Annuity Corporation (A Delaware Corporation) and distributed by NYLIFE Distributors LLC, Member FINRA/SIPC. Both NYLIAC and NYLIFE Distributors LLC are wholly owned subsidiaries of New York Life Insurance Company. In Oregon the Policy Form Number for CorpExec Variable Universal Life Plus is ICC19-319-43.

For more complete information about the CorpExec Variable Universal Life Plus policy, ask your registered representative for a prospectus for the policy. The prospectus contains more complete information about the policy including investment objectives, strategies, risks, charges and expenses. Please read the prospectus carefully before investing. A VUL policy involves fluctuating cash value; investment losses are possible.

Looking for COLI and ICOLI Investment Division resources?

Our COLI products are buttressed by a robust registered investment platform of high-quality, low cost options across all asset classes, while our private placement product also offers a suite of alternative investment options and capabilities to develop solutions oriented separately managed accounts. We currently partner with over 20 well regarded asset managers to provide a wide-array of investment solutions to meet our clients' unique needs.


Our history

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 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.


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Institutional Life Resources

Partnering for better BOLI and COLI solutions

We are an experienced life insurance solutions provider with a firm commitment to the institutional markets. Our financial strength and long-term focus allow us to deliver high value to our clients.

Recent market commentary

Recent financial markets analysis provided by New York Life Investment Management LLC.

Partnering for better BOLI and COLI solutions

We are an experienced life insurance solutions provider with a firm commitment to the institutional markets. Our financial strength and long-term focus allow us to deliver high value to our clients.

Recent market commentary

Recent financial markets analysis provided by New York Life Investment Management LLC.

1 Low Cost Investment Divisions – 90% of funds on the platform have fees below their category average and 73% have fees in the bottom third of their respective categories.
2 Based on revenue as reported by “Fortune 500 ranked within Industries, Insurance: Life, Health (Mutual),” Fortune magazine, 5/18/2020.