As an A- rated insurer we are driven to deliver optimal performance and return on capital for Members
IPB Insurance is rated in the top 500 mutual insurers globally by the International Cooperative and Mutual Insurance Federation (ICMIF).
Our Committees complete programmes of work on behalf of the Board and report regularly under clear terms of reference reviewed on an annual basis at a minimum.
IPB Insurance is a Standard & Poor’s rated insurer with excellent financial strength and is well capitalised. Our overriding objective is to devise a business model themed on sustainability and built on our proud heritage anchoring our Members at the core of the mutual.
In December 2017 Standard & Poor’s reaffirmed IPB’s rating of A- (stable), continuing to note that IPB’s capital adequacy is within the ‘AAA’ range.
The findings of the 5th Membership Satisfaction Survey were published in Spring 2018 by Irish agency, B2B Research. The survey recorded the highest ever response rate at 72% as well as also achieving the highest results across all quantitative metrics since research began in 2013. Year-on-year, the overall satisfaction score increased from 94% to 96% meanwhile Members scored IPB’s highest for ‘Trustworthiness’ with a record satisfaction rating of 98.6%.
Click here to view IPB’s Terms of Business.