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.