What IPB Insurance does

IPB Insurance is Ireland's only indigenous mutual general insurer, founded in 1926 under the Local Authorities (Mutual Assurance) Act and headquartered at 1 Grand Canal Square, Dublin. It underwrites a comprehensive portfolio of liability, property, motor, marine, cyber and specialty insurance products on a bespoke, quote-based annual billing cycle, with 53 members at end-2025 comprising Irish local authorities, Education and Training Boards, state agencies, semi-state bodies, healthcare facilities and not-for-profit organisations.

The company's core technology is a traditional mutual insurance platform: web-based member portals (Online Member Risk Area Portal, Claims Management Portal), the Safe@Work mobile application launched in 2016, and an in-house IT function supporting underwriting, reinsurance programme management and actuarial capital modelling. All investment decisions are executed in-house and governed by a Board-approved Investment Policy. Underwriting, claims and risk advisory operations are delivered by 101-250 employees, all based at the Dublin headquarters.

IPB generates revenue almost exclusively through recurring insurance premiums, distributed via direct enterprise sales to public-sector clients and a select panel of appointed brokers for complementary markets. As a Company Limited by Guarantee (mutual) with no external shareholders, surpluses are retained and reinvested for member benefit. For the year ended 31 December 2025, Gross Written Premium was €179.9 million, surplus before tax €52.0 million (including €41.6 million of investment income), Net Combined Operating Ratio 92.2%, and member satisfaction 95% with a 98% trust rating. Capital adequacy is reported within the AAA range by S&P (A-, Stable).

Name

IPB Insurance

Legal name

IPB Insurance CLG

Website

https://ipb.ie

Company type

Private

Founded year

1926

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Public Sector General Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412), Insurance Carriers (5241)

SIC

Fire, Marine & Casualty Insurance (6331), Insurance Carriers, Nec (6399)

akta.pro primary industry

Professional Liability (Errors & Omissions) (FSAJADAB)

akta.pro secondary industries

Management Liability (D&O/EPL/Fiduciary) (FSAJAGAD), Network Security & Privacy Liability (Third-Party) (FSAJAOAE), First-Party Cyber (Breach Response, Forensics, Notification, Credit Monitoring) (FSAJAOAF), Umbrella Insurance (FSAJAMAK)

Keywords

• Mutual insurance
• General insurance
• Public liability cover
• Property insurance
• Risk advisory services

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Insurance Premiums: IPB Insurance generates revenue primarily through insurance premiums from its diverse range of insurance products covering liability, property, motor, marine, and specialty insurance lines for public sector organisations and complementary markets.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

IPB Insurance underwrites and delivers bespoke general insurance solutions—including public liability, employers' liability, professional indemnity, property, motor fleet, marine, environmental impairment, crime, and cyber cover—tailored to Irish public sector organisations, education and training bodies, healthcare providers, and not-for-profit institutions. As Ireland's only indigenous mutual insurer, it supplements these policies with an Enterprise Risk Advisory service, contractor and valuation advisory services, a Claims Management Portal, the Online Member Risk Area Portal, and the Safe@Work mobile application for serious incident response.

Product overview

IPB Insurance offers a comprehensive portfolio of insurance products and risk management services tailored for the Irish public sector, educational institutions, and healthcare organisations. The core product suite includes liability insurances (Public Liability, Employers Liability, Professional Indemnity, Employment Practices Liability), property-related coverage (Property, Computer, Motor Fleet, Marine), and specialised protection (Environmental Impairment Liability, Crime Cover, Cyber and Data Security Insurance). These are complemented by advisory services including Managing Contractors Advisory and Valuation Advisory Service. The company also provides an Enterprise Risk Advisory Service for risk management support and operates an online Claims Management Portal for policyholders. Additionally, IPB offers a specialised Tidy Towns Insurance scheme for community volunteer groups and the Safe@Work mobile application for serious incident management.

Differentiator

Problem solved

Functional benefit

Products and services

• Public Liability Insurance Provides financial protection and peace of mind for organisations against claims arising out of their duty of care to members of the public, covering accidental injury or damage. Targeted at Irish public sector, education, healthcare, and not-for-profit organisations.
• Employers Liability Insurance Protects employers and employees against loss arising out of work-related accidents, injuries, and illnesses, covering legal liability for accidental bodily injury to employees. Designed for Irish public sector employers, including local authorities, ETBs, and healthcare providers.
• Professional Indemnity Insurance Provides financial protection against claims for which organisations may become legally liable arising out of actual or alleged breach of professional duty. Suited to Irish public bodies, healthcare facilities, and not-for-profit member organisations.
• Property Insurance Comprehensive insurance solution protecting buildings and contents against loss or damage from a wide range of exposures, including business interruption and consequential loss. For Irish public bodies and member organisations with significant property portfolios.
• Employment Practices Liability Insurance Customisable policy cover safeguarding organisations against wrongful employment practice claims including unfair dismissal, discrimination, bullying and harassment. Aimed at Irish public sector employers and member organisations.
• Personal Accident Insurance Provides income or benefit if employees sustain an injury as a result of an accident, available on a 24-hour basis or limited to work-related activities, with tax-free benefit payments. Includes School & Education Personal Accident claims handling.
• Computer Insurance Covers loss or damage to computer equipment including desktops, laptops, networks and mainframes, plus the costs of replacing software and re-inputting lost data. Aimed at member organisations with significant IT infrastructure.
• Motor Fleet Insurance Protects all motor vehicles from claims arising due to negligent use, safeguarding against third-party claimants and protecting fleet assets against loss or damage. Designed for Irish public sector motor fleets operated by member organisations.
• Marine Insurance Comprehensive insurance protecting marine assets including marinas, pontoons, jetties and vessels against loss or damage, plus Marine Liability protection. Available to Irish public sector members with marine exposures.
• Environmental Impairment Liability Insurance Provides protection against expenses incurred as a result of pollution incidents, covering biodiversity damage, statutory clean-up costs, gradual pollution, and loss mitigation costs. Suited to local authorities and other public bodies with environmental exposures.
• Crime Cover Protects against the cost of crimes including theft of money, securities, documents or stock by employees or third parties, covering fund transfer fraud with 24-hour emergency access to experts. Targeted at Irish public sector member organisations.
• Cyber and Data Security Insurance Addresses first- and third-party impacts from cyber incidents, providing cover for damage to computer systems, data loss, and 24-hour emergency assistance from specialist legal, IT and PR consultants. Designed for public bodies, healthcare, and education members.
• Tidy Towns Insurance Specialist insurance product for eligible voluntary Tidy Towns groups registered with Public Participation Networks, covering public liability for community improvement activities. Provided at no cost through partnership with all 31 local authorities.
• Claims Management Portal Online portal for submitting and managing claims including School & Education Personal Accident claims, Motor claims, Property claims, and other insurance products. Available to IPB policyholders across product lines.
• Enterprise Risk Advisory Service Value-added risk management service supporting Members with corporate governance, operational risk, compliance, engineering services, and serious incident management. Includes a Serious Incident Management Team providing immediate expert support.
• Managing Contractors Advisory Dedicated contract advisory service assisting Members with vetting contractors, reviewing insurance and contract conditions relating to works undertaken by independent contractors.
• Valuation Advisory Service Provides valuations, inspections and comprehensive reporting to ensure Members' properties are accurately valued and robustly insured.
• Safe@Work Mobile Application Mobile application launched in 2016 to assist users in managing serious workplace incidents by providing checklists, Garda interview procedures, and HSA guidance. Available on both Play Store and Apple Store for use by members and their staff.

Quantifiable outcome

• Member satisfaction at 95%, with trust rating of 98%
• +2 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• Age Friendly IrelandcoreStrategic or Co-development Partner · 29 June 2026Long-standing partnership supporting Age Friendly Ireland, the national body supporting Ireland's 31 Local Authorities to deliver the Government's vision of an Age Friendly Ireland. IPB is principal sponsor of the National Age Friendly Recognition and Achievement Awards, celebrating a 10-year milestone in 2026. The partnership reflects natural alignment between Age Friendly Ireland's local government-led model and IPB's role as Ireland's local government mutual insurer.
• Co-operation IrelandcoreGTM or Marketing Partner · 1 January 2026Co-operation Ireland organises the annual IPB Pride of Place Awards competition, now in its 24th year. IPB is title sponsor of Ireland's largest community awards, promoting and celebrating excellence in community development and recognising the selfless efforts of people making their local neighbourhoods better places to live.
• Dublin City CouncilcoreStrategic or Co-development Partner · 1 January 2026Dublin City Council announced as host of IPB Pride of Place Awards 2026. The awards will take place at the Convention Centre Dublin with over 850 delegates from around the country.
• County and City Management Association (CCMA)coreStrategic or Co-development Partner · 1 January 2026CCMA's Rural, Community, Culture and Heritage Committee developed the LEAF Fund guidelines in close partnership with IPB Insurance. The fund provides approximately €100,000 in each local authority area through matched funding.
• Local Authority Members Association (LAMA)coreGTM or Marketing Partner · 1 January 2026Headline sponsor of the All-Ireland Community & Council Awards, celebrating 20th anniversary in 2026. Awards highlighted collaboration between local authorities and their communities with 533 nominations across 31 councils.
• Association of Irish Regions (AIR)minorGTM or Marketing Partner · 1 January 2026Fourth consecutive year of sponsorship for AIR Annual Training Seminar. IPB also sponsored the newly commissioned Chain of Office for the Chair of AIR to mark the centenary year.
• All 31 Local AuthoritiescoreStrategic or Co-development Partner · 1 January 2025Partnership with all 31 local authorities for the Tidy Towns Insurance Scheme whereby all eligible Tidy Towns groups are now provided with insurance cover at no cost. Also includes the €3m+ Local Environmental Action Fund (LEAF) providing matched funding for environmental and climate action projects in every local authority area.
• Road Safety Authority (RSA)minorGTM or Marketing Partner · 1 January 2024IPB sponsors the RSA Road Safety Matters TY programme, launched September 2024, designed to equip students with knowledge and skills for safer road use. Sponsorship includes the inaugural National Road Safety Matters Awards.
• Rethink IrelandcoreStrategic or Co-development Partner · 1 January 2018Partnership delivering the Social Enterprise Development Fund. IPB invested €2.4 million, matched by the Department through the Dormant Accounts Fund, bringing total fund value to €4.8 million. Over eight years, this collaboration has supported 130 enterprises, backed 300 emerging founders, and brought vital services to more than 400,000 people.
• Department of Rural and Community DevelopmentcoreStrategic or Co-development Partner · 1 January 2018Tripartite partnership through the Dormant Accounts Fund matching IPB's €2.4 million investment for the Social Enterprise Development Fund, totalling €4.8 million to strengthen the social enterprise sector nationwide.

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Emerging players

• Hiscox Ireland: Hiscox Ireland is the local arm of Hiscox, a specialty insurer focused on commercial and professional lines including professional indemnity and cyber. Comparable as a specialty competitor in the liability and professional indemnity lines IPB serves.

Broad incumbents

• Allianz Ireland: Allianz Ireland is the local arm of one of the world's largest insurers, offering personal and commercial lines including motor, property, liability and specialty. Comparable as a broad-line Irish general insurer competing for the same Irish commercial and public sector business.
• W. R. Berkley Insurance: W. R. Berkley is a US-listed specialty insurer operating through multiple Berkley brands. The IPB CEO John Kearns previously served as President and Chairman of Berkley Mid-Atlantic Group, providing direct exposure to the IPB leadership model.
• Travelers Insurance Ireland: Travelers operates in Ireland providing commercial and specialty insurance products. Closely comparable through the IPB CEO's prior tenure as President of Financial and Professional Services at St. Paul Travelers, and as a competitor for Irish commercial accounts.
• AXA Ireland: AXA Ireland is the Irish operation of global insurer AXA, providing motor, home, commercial and health insurance. Comparable as a broad-line Irish general insurer competing for commercial and public sector accounts.
• Zurich Insurance Ireland: Zurich Insurance Ireland provides general insurance including motor, property and commercial lines for Irish businesses. Comparable as a large international insurer with an Irish general insurance book competing for corporate and public sector clients.
• Aviva Ireland: Aviva Ireland is a major multi-line insurer offering general insurance and life products across personal and commercial segments. Several IPB senior hires previously worked at Aviva Ireland, and the two compete for Irish commercial insurance customers.
• RSA Insurance Ireland: RSA Insurance Ireland is part of RSA Group (Intact Financial), offering personal and commercial lines. Several IPB senior hires came from RSA Insurance, and the two compete directly in Irish commercial and motor fleet insurance.

Direct peers

• Liberty Insurance: Liberty Insurance is a major Irish general insurer offering personal and commercial lines including motor, home and business insurance. Comparable to IPB as a direct competitor in the Irish general insurance market with similar multi-line offerings.
• FBD Insurance: FBD Insurance is one of Ireland's largest general insurers offering property, liability, motor and business insurance to rural, farming and SME customers. Closely comparable to IPB as a domestic Irish general insurer with multi-line offerings, though IPB is mutual and FBD is shareholder-owned.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/ipb_insurance
• LinkedInlinkedin.com/company/ipbmi-ltd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

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 IPB Insurance