Typically, investors don’t reward banks and corporations for the fair market value of their life insurance assets (BOLI / COLI). Yet about 75% of banks own BOLI that averages about 15% of capital and 1% of total assets (source: www.BoliColi.com).
RIVE unlocks this hidden value by separating BOLI / COLI into premiums and benefits, selling some benefits, retaining some benefits as collateral, and paying retained premiums over time.