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Irish Life Health
Welcome to Ireland’s newest health Insurer, Irish Life Health. Bringing fresh options and innovation to the health insurance market.
Irish Life
Irish Life the largest life and pensions group and fund manager in Ireland, employing 2,000 people and servicing one million customers.
Irish Life Investment Managers
Managing assets in excess 39bn, ILIM manages money on behalf of multinational corporations, charities and domestics.

News - Irish Life Corporate Business

Posted on August 30, 2018

Irish Life Auto-Enrolment Review

Last week the Government released the ‘Strawman’ proposal, a discussion paper, which sets out how a new auto-enrolment pension scheme might work. It is designed to generate discussion and debate. The details of the auto-enrolment pension scheme are just proposals at this stage. Nothing is set in stone yet. Auto-enrolment is seen by the Government as a vital step towards bridging the ever growing pension gap; it focuses on supporting those without retirement savings to supplement their State pension. Irish Life welcomes the ‘Strawman’ proposal and looks forward to joining the debate.
 
Did you know? 51% of larger employers with existing pension schemes will need to change their current scheme to be auto-enrolment ready.
 
Read the Irish Life review which outlines the radical pension changes suggested by the Government.
Posted on August 10, 2018

Initiative will accelerate innovation to further improve customer experience

Irish Life, one of Ireland’s largest financial services companies, has joined Plug and Play’s Insurtech platforms in Munich, Germany and Silicon Valley, California.

The deal is one of the core elements of Irish Life’s on-going commitment to the use of innovation and new technologies to improve customers’ experience across its life and health insurance, and pensions and investment solutions.

Posted on July 18, 2018

Irish Life formally broke ground on its new customer centre in Dundalk.

Posted on July 10, 2018

The Difference in a Decade: Irish Life data shows potential pension gains with 10-year head start

  • Irish Life pension data shows the current age starting a company pension plan is 37 with 11.4% contribution rate on average

  • Potential boost in retirement income of 50%-120% if people started pension 10 years earlier

  • “Younger for longer” trend emerging; average age of getting married and having children are on the rise and big decisions like pensions are being deferred
  • Inertia is an issue - 29% say they just never get around to starting
Posted on June 25, 2018

Our new online budget planner is now available in Pension Planet Interactive.

How much will people need to live on in retirement?

Recent research shows that only 26% of people know what they are targeting to live on in retirement. 40% of people don’t know what to target and 34% say they are not planning for retirement at all. (Source: Coyne Research, December 2017)

 

Posted on June 19, 2018

More than 150 employees from across Irish Life and Canada Life braved the Hell & Back course at Kilruddery House on Saturday 16 June for Irish Life Staff Charities.

All funds raised for the event will go to our staff charities of the year, the Irish Motor Neuron Disease Association (IMNDA) and Remember Us.

Posted on May 01, 2018
  • 3,323 individual claims for Income Protection during 2017; on average claimants received €22,659
  • Mental health and back pain were the main reasons for claims (20% each) followed by cancer (17%)
  • Irish Life paid more than €1 million each week to people who were injured or too ill to work
  • Between 2015-2017, 2,474 people who claimed Income Protection benefits have recovered sufficiently from their illness and returned to work
Posted on April 23, 2018
Irish Life Group Limited announced that it has reached an agreement to acquire a strategic shareholding in Invesco Limited, Ireland’s largest Irish-owned independent financial consultancy. 
Posted on April 06, 2018

Irish Life, the leading provider of Income Protection benefits in Ireland*, paid out over €57 million to people who were unable to work due to illness or injury during 2017. A review of Irish Life’s claims data provides a snapshot into the health of the working population in Ireland, and includes an overview of the types of illnesses that led to more than 3,000 people receiving Income Protection payments in 2017 due to illness or injury**

Posted on April 04, 2018

Part of the benefit of a project like Ireland Gateway to Europe (IGTE) is how it helps US companies hit the ground running when setting up here. Things like tax, employment, location, and laws must be dealt with first before they can launch here and since there are a number of differences between the US and Ireland, having major players help demystify this process is a blessing.

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