Safeguarding insurers from the burden and risks of tax compliance

Sovos IPT Determination enables non-tax experts to confidently calculate and apply bespoke, mapped, real-time, global IPT rates at quotation.

Insurance Premium Tax (IPT) Compliance Software

Sovos IPT Determination

An intuitive rate table and calculation tool - a must for insurance companies and anyone working with global insurance programs. It enables efficient sign-off with tax authorities in multiple tax jurisdictions.

Sovos IPT Captive

Allows captives to track their programs from renewal to settlement. When combined with our managed services it’s the first end-to-end IPT compliance solution built for the captive industry.

Easing the burden of IPT compliance

Real-time accuracy

Accurate tax rates for millions of combinations of jurisdictions, lines of business and insurance classes accessible anytime, anywhere with comprehensive legal references and footnotes.

On tap intelligence

Zero touch rate updates from our globally recognised team of regulatory experts.​

Integrate with existing operations and systems

Automatic data extraction from underwriting, accounting or policy admin systems through API integration; adaptable solutions to fit your processes through bespoke product mapping.