Mutual & Cooperative Communications Introduction To IPB Insurance DUBLIN 2017 AMICE / ICMIF Mutual & Cooperative Communications Seminar Michael Garvey | Chief Executive Officer

A Legacy of a Nation Born Our History IPB Insurance A Legacy of a Nation Born

Operational Performance Financial Performance 2016 GWP €125 million Market Share 4% Liability Market Share 15% IPB Insurance €300m+ committed to Members since 2011 Doing more for Members Unrivalled Operational Performance Out-performing the wider insurance market IPB has delivered superior profitability compared to the market 2011-2015 (latest available figures) IPB + €400m Irish Insurance Market - €216m Market Excluding IPB (-€616m)

€95 Million IPB By the Numbers ……………………………………… Dividends paid to Members since 2011 ……………………………………… IPB By the Numbers

A Leading Liability Insurer Our Products We underwrite the following classes: GENERAL LIABILITY Public (PL), Employers (EL), Professional Indemnity (PI) SPECIALITY LIABILITY Employment Practice Liability (EPL), Environmental Impairment Liability (EIL), Criminal Defence Costs (CDC) PROPERTY Property incorporating Material Damage (MD), Business Interruption (BI), Computer, Fidelity Guarantee (FG), Money, Theft, Social Housing, Personal Accident (PA), Marine MOTOR Motor Fleet, Private Motor (Accommodation Business) Coherent Enterprise Product Solution IPB Insurance A Leading Liability Insurer

Our Commitment – Risk Management Advisory 15 Risk Conferences 30+ Seminars 30 Risk Guides 2,000+ Member Delegates Serious Incident Management Team Health & Safety Management Mobile Apps IPB Insurance Value Added Services Doing more for Members Suite of Risk Management Tools

Our People – Our Culture - Our Mutual Values Attracting the best people available promoting the ethos of mutuality and creating a great place to work Our Mutual Values aimed at fostering the right behaviours consistent with the values of mutuality and focus on Members Protecting the heritage and expertise with the mutual and continuing to build on the company’s proud legacy IPB Insurance Ethos Of Mutuality Doing more for Members

committed to Members since 2011 Our Strategic Focus 2017-19 – Member-focused Initiatives Value for Money Review Retained Earnings Distribution Independent review found IPB provided Members with good value for money €200 million Retained Earnings Distribution to Members The success of the mutual for Members has provided capacity to distribute retained earnings to Members €95 million in Member Dividends also committed since 2011 €11 million in social Dividends since 2011 IPB Insurance €300m+ committed to Members since 2011 Doing more for Members IPB offered a wide range of covers unlikely to be provided from just one insurer in the Commercial market place IPB offered a wide range of value added services not readily available in the market

Michael Garvey | Chief Executive Officer THANK YOU ANY QUESTIONS? IPB Insurance DUBLIN 2017 Michael Garvey | Chief Executive Officer