WESTLAKE, OHIO, December 5, 2023 — The BOLI Group, one of the leading national benefits expense management firms for financial institutions with locations in Cleveland, OH, Nashville, TN, Milwaukee, WI, Brookings, SD, and Charleston, SC, is pleased to announce the promotion of Garrett Blaha to President and Chief Operating Officer. Garrett Blaha, currently Vice President Business Development of The BOLI Group, will assume his new role on January 1, 2024, succeeding George Blaha who will continue as the company’s Chief Executive Officer. Garrett’s promotion comes as The BOLI Group sees robust demand from financial institutions nationwide for its customized single premium life insurance products.
George Blaha, President and Chief Executive Officer of The BOLI Group, stated, “Garrett has played a pivotal role in the success and growth of The BOLI Group since joining the company in 2014. As Vice President Business Development, Garrett has built a strong reputation with financial organizations across the U.S. who rely on his strategic counsel and expert advice. From The BOLI Group’s inception in 2007, we have focused on providing best-in-class services and innovative solutions that are tailored to meet our clients’ unique needs. Garrett exemplifies these values that have guided The BOLI Group’s success. He is a strong leader and natural successor. I am thrilled to announce Garrett as the company’s new President and Chief Operating Officer.”
Garrett Blaha stated, “My dad founded The BOLI Group, and I am honored to support his legacy by helping take the company to the next level. We have assembled a strong and passionate team of experienced financial professionals that help our clients achieve their BOLI and COLI goals. Under my expanding leadership, we will continue to focus on developing strong relationships with our clients by providing them with excellent service, innovative solutions, and powerful strategic partnerships. I am excited by the opportunity to lead The BOLI Group and shape the future of our company.”
Since 2014, Garrett has been Vice President Business Development of The BOLI Group helping counsel hundreds of financial institutions nationwide on their unique BOLI and COLI needs and leading The BOLI Group’s business development efforts. Prior to joining The BOLI Group, Garrett was a financial representative at Northwestern Mutual. During his career, he has obtained honors such as the Top 50 Bronze, MDRT, Pacesetter 40, as well as attendance to the 244th Fast Track Academy and Northwestern Mutuals Forum. Garrett attended John Carroll University and holds Series 6 and 63 FINRA licenses. Garrett resides in Cleveland Heights, Ohio with his wife, Taryn, and their three dogs.
About The BOLI Group
The BOLI Group is a benefit expense management company for financial institutions. The BOLI Group has leading experts with significant knowledge of the financial institutions landscape, including market segments, peer knowledge, intra company dynamics, benefit considerations, product options (including their historical evolution), and the regulatory environment. The BOLI Group is independent and therefore not obliged to shareholders. The multi-generational leadership team does what is in the best interest of our clients. The BOLI Group is compliant with the State of New York Department of Financial Service’s (DFS) cybersecurity regulation (23 NYCRR 500).
Additional information is available at www.boligroup.com