George V. Blaha formed The BOLI Group in 2007 after accumulating over 20 years experience in executive and director benefit planning, as well as bank-owned life insurance (BOLI). The BOLI Group specializes in benefits expense management and single premium life insurance (BOLI and COLI) for financial institutions.
As a consultant with the Banking Practice, Mr. Blaha assisted a wide range of financial institutions in the analysis and successful implementation of BOLI programs. He guided his clients through a comprehensive pre-purchase assessment that tests the eligibility and risks for every plan implemented, including calculating liabilities, OCC testing, preparing financial models, assisting in board review, and ensuring compliance with all regulatory and reporting requirements. Utilizing the most competitive products available, he successfully customized BOLI programs that best suited a bank’s overall objectives.