The latest edition of Insurance News magazine reveals why broker group IBNA decided to leave the AIMS joint venture and move to Steadfast. Candid interviews with IBNA Chairman Gary Gribbin and new AUB MD Mike Emmett detail the depth of IBNA’s concerns and AUB’s plan to remove “distractions” from its focus on broking. Insurance News was at the County Court in Melbourne throughout the trial of a couple accused of stealing $17.4 million from Dual Australia. Our article highlights the stories behind the trial – the characters, comments, humour, tears and incredulity behind this remarkable case. The construction industry’s professional indemnity crisis is explored in depth, as is the impact of Lloyd’s decision to retreat from poorly performing business and icare’s journey over development potholes. Insurance News also probes the industry’s silence on emissions, the Hayne royal commission’s claims conundrum, and how 5G technology will accelerate the pace of change in insurance.
