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

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

3. 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
(latest available figures)
IPB €400m
Irish Insurance Market - €216m
Market Excluding
IPB (-€616m)

4. €95 Million IPB By the Numbers ………………………………………
Dividends paid to Members
since 2011
………………………………………
IPB By
the Numbers

5. 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

6. 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

7. 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

8. committed to Members since 2011
Our Strategic Focus – 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

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