Premium Tax Database and Software

Premium Tax Database and Software

Sovos IPT is the market-leading end to end premium tax database and software – a must for multi-national insurance companies and anyone working with international insurance programmes. Sovos IPT ground-breaking software gives companies everything they need to ensure full compliance – enabling efficient sign-off with tax authorities in multiple tax jurisdictions.

Sovos IPT simplifies the preparation of premium tax and parafiscal returns. It is comprised of three modules: Sovos IPT Investigate, Determination and Reporting. 


What makes Sovos IPT unique?

Sovos IPT is at the heart of our business, clients can be safe in the knowledge that the accuracy of data will be maintained on a real time basis.

  • It is the only software available that allows users to investigate and calculate premium tax liabilities during the underwriting process
  • Sovos IPT alerts the user of changes as they happen through a notifications function
  • The system contains data which is cross-referenced to tax legislation and available in the footnotes
  • It is the only software availale that alllows users to prepare and generate tax returns and make payments 

Sovos IPT company wide compliance

  • Accuracy and efficiency for your tax team
  • Pricing and calculating support for Underwriting
  • Easy integration and usability for IT
  • Peace of mind for Compliance
  • Financial efficiencies for your CFO
  • Avoidance of IPT reputational issues for PR

Technical Specification and Support

Sovos IPT comes with full onsite training, comprehensive user manuals and online support. 

Hardware-OS:  Windows Server 64 bit
Software-OS:  Windows Server 2012 R2 Standard Edition 64-bit
Browser support:  Internet Explorer v11, Firefox v11, Firefox v43 and v44 and Google Chrome