INTERNATIONAL INSURANCE
Our small country is a big player in International Insurance.
Ireland is now a long-established home to many of the world’s global life, non-life and reinsurance companies. Between them, these companies carry out a wide range of regulated and non-regulated activities out of Ireland for international markets. The sector is a major contributor to the Irish economy with around €200 Billion in assets under management and employs some 27,000 people. Ireland’s long-standing membership of the European Union has enabled International insurance companies located in Ireland and regulated by the Central Bank of Ireland (CBI) to provide insurance products from Ireland on a pan-European basis.
Ireland, the Gateway to Europe
Many of the world’s leading insurance companies have established EMEA Headquarters and associated business functions in Ireland such as Cross-Border distribution, Solvency II/Compliance, Actuarial, and Underwriting. Other companies use Ireland as an international servicing hub, carrying out activities such as customer support, finance and accounting, risk and compliance, legal, and claims processing.
As the Insurance Industry continues to invest in next-generation technology, many of the leading global players are investing in Ireland’s rich technology ecosystem to establish technology centres-of-excellence in areas of analytics, digitalisation, and security and Innovation.
With IFS Ireland, you’re assured of working with the very best in today’s global financial village.