Irish Progressive Services International

Irish Progressive Services International Ltd (IPSI) is a solution provider working in the Life and Pensions industry. IPSI was founded in 1998 to provide third-party administration of life assurance operations within the European market.
IPSI was part of the Irish Life and Permanent Group until the group was purchased by the Irish State in 2012. The Irish Government then began to separate the two parts of the business, Irish Life PLC and Permanent TSB before the Irish Life Group was put up for sale. IPSI, as part of the Irish Life Group, was was purchased from the State by Great-West Lifeco for €1.3 billion in 2013. IPSI has been part of the Irish Life Group and part of the Great West Lifeco family since then.
IPSI are a Third Party Administrator and supported Software provider to European Life Assurance Companies. Since its inception in 1998, IPSI has provided full administrative support to client companies selling and distributing their products in Australia and throughout Europe, with the network now including Austria, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Poland, Spain, Sweden, Switzerland (Liechtenstein) and the UK.
IPSI now a operates with over 850,000 policies under administration, €30bn under administration and approximately 300 employees providing services to a broad range of European Life Companies
IPSI is a wholly owned subsidiary of Irish Life & Great-West Lifeco.

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