AUB Group has announced a restructure of AIMS, following the recent decision to mutually end the broking group’s joint-venture agreement with IBNA which was established in 2007.
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.”
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.
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. You can access the previous coverage of the issue here.