In recent years, IPT has received increased attention from tax authorities. As this ‘forgotten tax’ steps out of its shadow, the insurance industry needs to implement robust compliance processes.

Tom Hilverkus

Director, Global Insurance Premium Taxes Services, Ernst & Young LLP

Passionate about advising clients on IPT matters. Originally from Germany. Father of one. Hobbies include making music, collecting records and exploring London history.

Tom leads the EY Global Insurance Premium Taxes (IPT) service, focusing on developing it in terms of strategy and technology enablement.

He has been assisting insurers, policyholders and brokers for over 15 years in global IPT advisory, technology, compliance and reporting. He is highly regarded in the IPT field, having contributed to various international presentations and thought leadership articles. Tom has been involved in compliance engagements and audits of some of the largest insurers in the world, as well as provided IPT input on M&A and DD projects. He has also advised the government of a European country with drafting their IPT legislation.

Prior to joining EY, Tom worked for an organization where he set up and ran the IPT practice. As the Director of Operations for VAT and IPT, he was responsible for their large compliance portfolio.

How Tom is building a better working world

“In the changing IPT compliance environment, I am working with the global insurance sector and EY clients to help achieve full compliance as they head toward automation and digital reporting. I am proud to have assisted many clients to overcome their IPT challenges and the many quirks of IPT.”

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