Unlocking the Power of IBA: Revolutionising the Way Projects are Delivered

17th Jan 2025

12.00 - 13:00

Webinar Overview

This webinar is essential for anyone looking to understand how Insurance Backed Alliancing can revolutionize their approach to construction and project delivery. You’ll gain critical insights into why traditional methods, such as tweaking cost-led or half-stage Design & Build models, simply don’t offer the kind of results you need in today’s fast-paced world.

Maximize Risk Understanding: Learn how to define your business's maximum risk before the project commences, including the client’s risk, ensuring a smoother and more predictable outcome.
Shared Risk, Shared Reward: Discover why embracing shared risk and reward consistently yields better project results and fosters a collaborative mindset across teams.
Achieving Consistent Results: Learn how to develop the right mindset for achieving projects that not only meet targets but exceed expectations.

Attendees will leave with a deeper understanding of how IBA can improve project outcomes and the mindset needed to make this new approach a success. Whether you're involved in design, delivery, or management, this session will provide actionable insights you can start to change the way you work under IBA

Learn why ‘tweaking around the edges of cost led or ½ stage D&B simply can’t provide solutions. Understand your businesses maximum risk before commencement (including client) Why shared risk and reward reaps results – understand the mindset that is needed to achieve results.

Recording & Reflections

Presenter Bio

Louise Lado-Byrnes

Director, IPInitiatives

Louise is a Director and owner of IPInitiatives who developed the IPI Model. She has a background in main contracting in her earlier career, from a degree in construction management and design, and latterly Collaborative Consultancy.

Louise is a trained facilitator, trainer and is a practitioner of using numerous psychometric tools. She has a key interest in people, behaviours and practical implementation of processes. Louise ran some of the first behavioural workshop as part of the procurement and selection process for major frameworks in the early 2000s. Louise is a Director of IPInitiatives responsible for Behavioural Analysis and Facilitation on projects.

IPInitiatives own the IPI Model and Alliance Contract, using Insurance Backed Alliancing (IBA). It is named in the Government Construction Strategy as a new model of construction. IBA is a positive disruptor in the industry for procurement, and delivery. The aims of the model are being exhibited daily with real changes in behaviour and a true no blame collaboration liberated by getting rid of contractual and insurance barriers. In terms of the effect on how businesses work in the digital age, it removes the contractual and insurance barriers and negates the need for PII. She has witnessed the freedom and innovation this permits in design and delivery over three trial projects where federated models and shared platforms, digital twin etc are used and shared from day one.

The first trial project delivered 6.5% below the client’s investment target. The third was below target cost giving the alliance members a gain and was £130/m2 below DfE Benchmarks. IBA responds to many recently released industry papers– but the model existed before most were written!

Louise is passionate about changes required in the industry and wants the race to the bottom , poor overheads and ‘design and dump’ to end!

She believes that our industry is ripe for change but struggles to find those truly brave enough!