In today’s corporate governance environment, a corporate trustee or professional advisor is expected to utilize its expertise and provide a credible TOLI risk management service. If this service requires third-party expertise, the Duty to Delegate facilitates arrangements with other professionals who can provide the requisite expertise and capabilities. TOLI ‘outsourcing partners’ should be selected based on life insurance and trust management expertise, practical application of contemporary evaluation tools, systems technology capability, and cost–benefit analysis.

TAC consultants have many years of combined legal, banking, life insurance, life settlement, and trust business experience. TAC offers its clients ‘single source’ access to ‘best practices’ TOLI risk management solutions through its strategic alliances.