IGP

What IGP does

IGP (International Group Program) is a Boston-headquartered global network of insurance carriers that delivers coordinated employee benefits and group insurance solutions to multinational corporations operating across multiple jurisdictions. Operating as a business unit of John Hancock Life Insurance Company (U.S.A.), which is itself a subsidiary of Manulife Financial, IGP was established circa 1999 (with the network concept tracing back to 1967) and functions as a coordinating layer rather than a direct underwriter; in New York it transacts through JH Signature Insurance Agency, Inc., a licensed broker.

The company's core offerings are Multinational Pooling (cross-border benefits pooling for improved cash flow and risk management), Global Underwriting (consistent coverage standards across countries), Reinsurance to Captives (transferring risk to corporate captives), and the proprietary IGP Data Analytics Platform, a secure web-based portal requiring registration and second-layer OTP authentication that provides account, claims, and benefits analytics. Through 60+ country partnerships with leading local insurers (e.g., Prudential in USA and Brazil, AXA Health and Canada Life in UK, Allianz in Türkiye, Muang Thai Life in Thailand, Shin Kong Life in Taiwan, MAPFRE in Uruguay, SPP/Storebrand in Sweden, Old Mutual in Africa) and global service partners (Bupa Global for IPMI, Maven Clinic for women's and family health, Further for specialized health, AXA Luxembourg for international mobile employees), IGP delivers group life, health, accident, and supplementary benefits tailored to local regulatory and market requirements.

IGP generates revenue by coordinating employee benefits programs for multinational clients through its global network, on a recurring fee/commission basis tied to the underlying pooled premium volumes; pricing is custom and not publicly disclosed. GTM is enterprise field sales, with direct engagement with multinational corporate HR/benefits teams supplemented by partner distribution in each market. Recent operating activity (2024-2026) has focused on expanding geographic coverage (Indonesia, expanded Africa, second Brazil partner), adding specialized health product lines (precision oncology, neurodiversity, family health, IPMI), and enhancing partner-delivered wellbeing platforms serving millions of covered employees.

Name

IGP

Legal name

John Hancock Life Insurance Company (U.S.A.)

Website

https://igpinfo.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

IGP (International Group Program) is a global insurance network, operating under John Hancock/Manulife, that coordinates multinational employee benefits—pooling, global underwriting, reinsurance to captives, and analytics—for large enterprises across 60+ countries through local insurer partners.

Ownership category

akta.pro rank

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Employee Benefits Network Services: IGP generates revenue by coordinating employee benefits programs for multinational corporations through its global network of insurance partners. The network enables coordinated pooling, global underwriting, and reinsurance to captives solutions across 60+ countries.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

IGP is a global network of insurers, operating as a business unit of John Hancock Life Insurance Company (U.S.A.) under Manulife Financial, that delivers coordinated employee benefits solutions for multinational corporations. Its core offerings include Multinational Pooling, Global Underwriting, Reinsurance to Captives, and the proprietary IGP Data Analytics platform, all delivered through a vetted network of local insurance partners spanning 60+ countries.

Product overview

IGP (International Group Program) is a global network of insurers operating under John Hancock Life Insurance Company (U.S.A.) and part of Manulife Financial. It provides coordinated employee benefits solutions through four core offerings: Multinational Pooling, Global Underwriting, Reinsurance to Captives, and the proprietary IGP Data Analytics Platform. The network spans 60+ countries with local insurance partners and global service partners including Bupa Global (IPMI), Maven Clinic Co (women's/family health), Further (specialized health insurance), and AXA Luxembourg (international employees). Partner-specific products include Great Eastern Life Indonesia's GREAT Life/Health/Protection Guard suite, Prudential do Brasil's Express and Corporate Group Life Plans, Further's Precision CancerCare, Maven's virtual clinic platform, Bupa Global's international medical insurance, Canada Life's WeCare wellbeing platform, and AXA Health's private medical insurance. IGP connects multinational employers with local insurance expertise while providing centralized program management and data analytics.

Differentiator

Problem solved

Functional benefit

Brands

• IGP Data Analytics: A data analytics platform offered by IGP for its network partners and clients.

Products and services

• Multinational Pooling Employee benefits solution that allows multinational companies to pool their insurance coverage across multiple countries for improved cash flow, cost management, and risk optimization.
• Global Underwriting Coordinated underwriting solution providing consistent coverage and underwriting standards across the different countries where multinational companies operate, ensuring uniform risk assessment globally.
• Reinsurance to Captives Solution enabling multinational companies to transfer insurance risk to their captive insurance subsidiaries, providing greater control over risk financing programs and improved capital efficiency.
• IGP Data Analytics Platform Proprietary secure web-based analytics platform providing data-driven insights for managing global employee benefits programs, including account management, claims analysis, and benefits optimization.
• GREAT Life Guard Group life insurance plan offered through IGP's Indonesian partner PT. Great Eastern Life Indonesia, designed for companies with minimum 10 employees, providing death benefits and full coverage for total permanent disability with optional illness or accident benefits.
• GREAT Health Guard Group health insurance solution offered through IGP's Indonesian partner PT. Great Eastern Life Indonesia, providing comprehensive health coverage for employees as part of the IGP network.
• GREAT Protection Guard Group accident plan offered through IGP's Indonesian partner PT. Great Eastern Life Indonesia, providing coverage for accidental death, total or partial disability, and medical expenses from accidents, available in Indonesian Rupiah and US Dollar.
• Express Group Life Plan Streamlined group life insurance solution for 2-500 employees offered through IGP's Brazilian partner Prudential do Brasil, featuring pre-configured coverage packages, simplified underwriting, digital enrollment, and competitive pricing.
• Corporate Group Life Plan Fully customizable group life plan for 500+ employees offered through IGP's Brazilian partner Prudential do Brasil, allowing employers to define benefit levels, eligibility rules, optional riders, and contribution structures with access to comprehensive assistance programs.
• Precision CancerCare Cancer care solution offered through IGP's global service partner Further, providing molecular profiling using Next Generation Sequencing, personalized treatment plans, case navigation, and access to overseas treatment in world-leading cancer facilities.
• Bupa Global International Private Medical Insurance International health insurance for globally mobile individuals and businesses offered through IGP's global service partner Bupa Global, providing coverage with access to 2 million+ healthcare providers worldwide, portable health plans, and digital health services.
• Maven Clinic Co Platform Virtual clinic platform for women's and family health offered through IGP's global service partner Maven Clinic Co, providing services across 175+ countries in 35+ languages including fertility, maternity, newborn care, parenting, pediatrics, and menopause support.
• Canada Life WeCare Wellbeing Platform Wellbeing solution offered through IGP's UK partner Canada Life, covering 2.8 million employees including virtual GP appointments, mental health consultations, second medical opinions, virtual physio with AI, and nutrition and exercise guidance.
• AXA Health Neurodiversity Assessment and Support Service Neurodiversity assessment and support service offering online assessments for autism, ADHD, dyslexia, dysgraphia, and dyscalculia for employees and eligible family members aged 7 years and older, offered through AXA Health as IGP's UK partner.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

19 partnerships are on record, tiered core.

• Prudential do Brasil Seguros de Vida S.A.coreChannel Partner/ Reseller/ Distributor · 1 June 2026Prudential do Brasil is IGP's second partner for group life insurance in Brazil, joining after MAPFRE. With 28+ years of experience in the Brazilian market, Prudential do Brasil provides Express Group Life Plan (2-500 employees) and Corporate Group Life Plan (500+ employees).
• PT. Great Eastern Life IndonesiacoreChannel Partner/ Reseller/ Distributor · 1 May 2026Great Eastern Life Indonesia joins IGP as the new network partner in Indonesia, operating since 1996 and licensed by OJK. Part of Great Eastern Holdings with SGD 117 billion in assets and 15.5 million policyholders. Offers group life (GREAT Life Guard), health (GREAT Health Guard), and accident coverage (GREAT Protection Guard). Credit ratings: AA (Fitch), AA- (S&P).
• Bupa GlobalcoreStrategic or Co-development Partner · 1 October 2025Bupa Global is the IGP Global Service Provider for International Private Medical Insurance (IPMI). Founded in 1947, Bupa serves over 60 million customers worldwide with one of the largest global healthcare networks (2 million+ providers). Provides high-quality international health insurance for globally mobile individuals and businesses.
• Maven Clinic CocoreStrategic or Co-development Partner · 1 August 2025Maven Clinic is the IGP Global Service Partner for family health and reproductive care. The world's largest virtual clinic for women's and family health, serving members across 175+ countries in 35+ languages. Provides fertility, maternity, newborn care, parenting, and menopause support.
• Old Mutual Group (Ghana, Malawi, Nigeria, Uganda)coreChannel Partner/ Reseller/ Distributor · 1 January 2024Old Mutual Group expanded IGP's Africa footprint to Ghana (80% premium in IGP), Malawi (80%), Nigeria (40%), and Uganda (66.5%). Part of Old Mutual Limited, serving 11.3 million customers in 14 countries across Africa and China.
• Further GroupcoreStrategic or Co-development Partner · 1 January 2019Further is the IGP Global Service Partner for specialized health insurance. A global leader in the design and development of multimarket, specialized health insurance products. Partners with 75+ insurers in 25+ countries, providing access to precision medicine and complex healthcare solutions.
• AXA LuxembourgcoreChannel Partner/ Reseller/ Distributor · 1 January 2018AXA Luxembourg is the IGP network partner for International Mobile Employees (Life & Pension). Covers over 35,000 employees with a dedicated team in Luxembourg. Part of AXA Group, one of the world's largest insurers with 100+ million clients.
• TAS Life Insurance CompanycoreChannel Partner/ Reseller/ Distributor · 1 January 2011TAS Life Insurance Company is the IGP network partner for Ukraine. One of Ukraine's leading insurance companies offering term life, long-term endowment, accident and disability plans, credit life, critical illness, and pension insurance. Part of TAS Group, one of Ukraine's largest financial and investment groups.
• MAPFRE Uruguay Compañía de Seguros S.A.coreChannel Partner/ Reseller/ Distributor · 1 January 2008MAPFRE Uruguay is the IGP network partner for Uruguay. Established in 1995 as the first foreign private insurer to operate after state monopoly ended. Part of MAPFRE Group, the largest Spanish-owned insurer globally and largest multinational insurance in Latin America.
• Prudential Financial, Inc.coreChannel Partner/ Reseller/ Distributor · 1 January 2003Prudential Financial is the IGP network partner for USA, providing group life, disability, and corporate life insurance solutions. Managing approximately $1.5 trillion in assets, Prudential serves institutional clients, professional associations, and affinity groups. In 2024, Prudential expanded into the medical stop loss market.
• AXA Life Ltd. (Switzerland)coreChannel Partner/ Reseller/ Distributor · 1 January 2003AXA Life Ltd. is the IGP network partner for Switzerland. A leading insurer with around 2 million customers and insuring 40% of all companies in Switzerland. Part of global AXA Group with Switzerland's largest distribution network (3,000+ sales force, 340+ branch offices).
• SPPcoreChannel Partner/ Reseller/ Distributor · 1 January 2000SPP is the IGP network partner for Sweden. An occupational pension provider passionate about making pension simple. Part of Storebrand Group, a leading Nordic financial group dating back to 1767, with NOK 1.6 trillion invested globally.
• Canada LifecoreChannel Partner/ Reseller/ Distributor · 1 January 1994Canada Life is the IGP network partner for UK (Life). Operating since 1903, Canada Life covers approximately 2.8 million people through 27,000 group insurance schemes, providing Group Life Insurance, Group Income Protection, and Group Critical Illness.
• Allianz Yaşam ve EmeklilikcoreChannel Partner/ Reseller/ Distributor · 1 January 1989Allianz Yaşam ve Emeklilik is the IGP network partner for Türkiye (Life). One of four leading companies providing life and personal accident insurance and pensions in Türkiye. Major force in growth and development of pension schemes and group insurance.
• Allianz Sigorta A.Ş.coreChannel Partner/ Reseller/ Distributor · 1 January 1989Allianz Sigorta A.Ş. is the IGP network partner for Türkiye (Health). The leading health insurer in Türkiye providing medical services via the most extensive network of contracted institutions, doctors, and pharmacies nationwide.
• Muang Thai Life Assurance Public Company, Ltd.coreChannel Partner/ Reseller/ Distributor · 1 January 1983Muang Thai Life is the IGP network partner for Thailand. Founded in 1951, among Thailand's top three insurance companies and leading national underwriter of group life and health insurance. Has over 130 branches including three regional offices. Received 'Hall of Fame' Award for 4 consecutive years and 'Micro Insurance Award' for 11 consecutive years from OIC.
• AXA Health (AXA PPP healthcare)coreChannel Partner/ Reseller/ Distributor · 1 January 1981AXA Health is the IGP network partner for UK (Medical). With over 3 million members, AXA Health provides quality private treatment, medical insurance, healthcare trusts, and employee assistance programs. Part of the global AXA Group.
• Shin Kong Life Insurance Company, Ltd.coreChannel Partner/ Reseller/ Distributor · 1 January 1976Shin Kong Life is the IGP network partner for Taiwan. Founded in 1963, one of Taiwan's largest life insurance companies and leading underwriter of group life and medical plans. Member of Shin Kong Financial Holding Co., Ltd., selected as FTSE4Good Index constituent in 2024.
• Caser Grupo HelvetiacoreChannel Partner/ Reseller/ Distributor · 1 January 1972Caser Grupo Helvetia is the IGP network partner for Spain. One of Spain's leading underwriters of group insurance, offering group life, health, and pension plans. First Spanish insurer to offer Deposit Administration pension plan and first to certify all health insurance management processes. Part of Helvetia Baloise Group.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Allianz Care: Allianz Care provides international health insurance and employee benefits for globally mobile individuals and corporate clients. Comparable to IGP in serving multinational employers, though operating as a direct insurer/carrier rather than a coordinating network.
• Cigna Global Health Benefits: Cigna Global Health Benefits provides multinational employee health, dental, life, and disability benefits to multinational employers globally. Highly comparable to IGP given its direct carrier model serving similar enterprise customers with cross-border benefit needs.
• Aetna International (CVS Health): Aetna International offers global health benefits and insurance solutions for expatriate employees and multinational employers. Closely comparable to IGP's IPMI offering (via Bupa Global) and core expatriate benefits proposition.
• Mercer Marsh Benefits: Mercer (Marsh McLennan) provides multinational benefits broking, pooling, and consulting for large employers. Closely comparable to IGP in serving multinational corporate HR teams, though via advisory/brokerage rather than coordinating carrier network.
• Willis Towers Watson (WTW): WTW's Global Benefits Management practice provides multinational benefits broking, pooling, and administration. Direct competitor to IGP, especially in the multinational pooling space, though WTW operates as broker/consultant rather than network coordinator.
• Aon Employee Benefits: Aon provides multinational benefits advisory, broking, and pooled program administration for global employers. Directly comparable to IGP in serving HR and benefits buyers at large multinational organizations.

Broad incumbents

• MetLife Global Benefits: MetLife Global Benefits offers multinational employee benefits pooling and group life, disability, and dental coverage for multinational employers. Closely comparable to IGP's multinational pooling offering, leveraging MetLife's broader global footprint.
• Generali Global Health: Generali Employee Benefits provides international employee benefits programs for multinational companies, including pooling and global underwriting. A direct functional competitor to IGP within the Generali group's wider insurance portfolio.
• Zurich Insurance Group (Global Life): Zurich's Global Life unit offers multinational employee benefits solutions, including group life and disability pooling across geographies. Comparable to IGP in core multinational benefits offerings, supported by Zurich's carrier scale.

Emerging players

• Bupa Global: Bupa Global is an IGP Global Service Partner for IPMI but also competes in the broader international private medical insurance market for corporate clients. The overlap with IGP's IPMI offering makes it both partner and partial competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/igp-international-group-program

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IGP