Sovos IPT Determination enables non-tax experts to confidently calculate and apply global IPT rates at quotation.

Complete Compliance for IPT

Safeguarding insurers from non-compliance risk

Sovos IPT Determination safeguards non-life insurers from operational and regulatory costs and the risk of non-compliance. It protects profit margins by improving the accuracy of rates attached to every quote.

Our solution provides tax determination tools that allow you to directly upload your returns for filing to tax authorities, ensuring consistent and accurate reporting.  Attach all required IPT compliance documents and generate monthly insurance tax liabilities, improving your team’s efficiency whilst creating a complete audit trail – a must for insurance companies and those working with global insurance programs.  

Sovos IPT Captive

Built specifically for the Captive market, Sovos IPT Captive allows you to track your programs from renewal through settlement. When combined with our managed services, you have the first end-to-end IPT compliance solution built for Captives.

Ease the burden of IPT compliance with intelligent software from Sovos

Our software is designed in consultation with our team of global regulatory experts to help you stay ahead of regulatory change and improve the accuracy of rates.

20+ years of demonstrated success in IPT with the world’s most complex insurers

Adaptable solutions to fit your processes through bespoke product mapping

Advanced API integration capabilities

Intuitive software allowing access to accurate global tax information

Global database of IPT tax data, including thousands of combinations of jurisdictions, lines of business and insurance classes accessible in real-time

Comprehensive legal references and footnotes

Real-time updates of IPT changes from tax authorities