Written on 29 July, 2019

AUB Group (ASX:AUB), Australasia’s largest equity-based insurance broker network, has today announced a restructure of AIMS, redefining its mandate to drive the Group’s end-to-end partner value proposition.

The AIMS redesign expands its scope to deliver all services required by AUB Group’s broking and underwriting agency partners including product sourcing and capacity placement, partner support services, technology and claims servicing. The decision is aligned to AUB Group’s strategy and growth ambitions to drive increased control, accountability and ownership of key capabilities through the consolidation and expansion of services across the network.

Angie Zissis will be appointed as CEO of AIMS and Group Head of Underwriting and Placement, with continued responsibility for SURA. The appointment will be effective following the exit of IBNA from AIMS. Glenn Schultz will step down from his role in September and will leave AIMS.

Mike Emmett, CEO and Managing Director of AUB Group said, “Delivering market-leading broker services to our partners is a key component of AUB Group’s value proposition. These changes will allow our partners to better leverage our scale, footprint, expertise and specialty areas. I’m pleased by Angie’s appointment, which is a validation of his extensive underwriting experience and market relationships, and excited about the upside this will create for our partners in future. I’d like to acknowledge and thank Glenn for his tireless efforts and leadership over the past four years as GM of AIMS.”

The decision follows the recent announcement to mutually end AUB Group’s joint-venture agreement with IBNA. Following IBNA’s exit from AIMS in September, AUB Group will take a 100% stake in AIMS, which will be rebranded to Austbrokers Insurance Member Services.