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Ireland:

Irish Life Assurance

Irish Life Assurance is part of Irish Life & Permanent plc. The Irish Life & Permanent Group was formed in 1999 through the merger of two of the leading players in the Irish financial services industry - Irish Life and Irish Permanent.

Irish Life has been the established market leader in the life and pensions business in Ireland for over 70 years. It is also one of Ireland's largest investment managers with assets of approximately EUR 30 billion (USD 40 billion) invested on behalf of more than 500,000 customers.

Irish Permanent has been the market leader for a number of years in the mortgage field. In 2001, Irish Life & Permanent plc acquired the TSB Bank, and the newly combined entity is now the third-largest financial institution in the Irish market and the largest player in the life and pensions area.

Assets of the Irish Life & Permanent Group exceed EUR 74 billion (USD 103 billion), and it has more than one million customers in Ireland.

Irish Life has been a major force in the growth and development of pension arrangements in Ireland. It provides an impressive selection of insurance, investment, actuarial, and administrative services for clients, who range from some of the country's largest employers to smaller companies and individuals. Pension plans are specifically designed and regularly updated to reflect the changing needs of clients, with an emphasis on flexibility and reliable service.

Irish Life Corporate Business (ILCB) is a separate division within Irish Life Assurance that is solely focused on the provision of group employee benefit arrangements to employers. ILCB's scale and experience in this business allows it to offer the full range of value-added services. ILCB's main strategic focus is to deliver excellent customer service, and this has been facilitated by the retention of experienced staff through continuing employee satisfaction and engagement programs, and through continuous investment in cutting-edge administration technology.

Irish Life has been an IGP Network Partner since 1972.

Key Products


Insurance


  • Group Life Cover for Employees - Lump Sum and Dependant's Pensions
  • Group Income Protection for Employees
  • Optional Supplemental Life Cover
  • Group Specified Illness Cover

Pensions


  • Comprehensive Administration Services for DC and DB Pensions
  • Irish Life Investment Managers' Range of Leading Investment Options Including the Irish Life Consensus Fund
  • A Range of Specialist and Sectoral Investment Funds for Specialist Investors
For additional information on Irish Life, please visit the following websites:

Corporate: www.irishlifeandpermanent.ie
ILCB: www.irishlife.ie/corporatebusiness/
Retail: www.irishlife.ie
Investments: www.ilim.ie