elipsLife move to new Dublin office
In Ely Place we are able to draw local expertise and international experience to offer tailored solutions for our customers, uniquely providing access to a global insurer for Irish Brokers seeking innovative corporate solutions” says George Harbut, CEO of elipsLife Ireland. elipsLife was founded in 2008 with a vision to be the leading group risk insurer in selected B2B markets, offering comprehensive solutions to employers, protecting their employees and families in the event of injury, illness or death.The total premiums of elipsLife amounted to over 1 billion USD in 2018.
The business is 100% owned by Swiss Re, founded in 1863 and rated AA-, providing elipsLife with strong financial foundations and international expertise. Looking after individuals and their families in a time of need, ensuring company resources and support is at hand during all stages of the journey. In particular if an individual is unable to work,support is provided to them with dignity and respect. This is at the core of the solutions offered by elipsLife.
Brokers working with elipsLife report employers faced with challenging acquisition and retention of key talent are seeking to provide best in class benefit solutions for their staff. elipsLife is particularly proud of a number of significant advances in the provision of benefits in the SME sector. Working with Broker partners, we have successfully embedded solutions into smaller businesses that historically did not provide this critical benefit for employees. This emerging trend is to be welcomed as it sees advances in cover in non-traditional covered sectors. elipsLife solutions target improved resilience of workforces:
- Group Life Insurance – a financial benefit paid in the event of an employee’s death. This can be in the form of a lump sum and/or pension payable to dependants.
- Group Income Protection – a financial benefit paid to cover an employee in the event of their inability to work due to long-term injury or illness. The benefit payable can be used to cover a proportion of an employee’s salary while they remain unable to work.
- Case Management – direct support to employees who are absent from work from as early as four weeks.