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 November 2020 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 2020-2021 Members Satisfaction Survey were published in Spring 2021 by Irish agency, B2B Research. The overall satisfaction score was 96%. Members scored IPB highest for ‘Quality of Advice’ provided (100%), ‘Responsiveness’ and ‘Understanding the sector’ (both 99%).
Click here to view IPB’s Terms of Business.