AUB Group Limited (AUB) today announces it has entered into a binding agreement to purchase Tysers, a leading Lloyd’s wholesale broker and is undertaking an equity capital raising to provide funding towards the acquisition.
AUB Group Limited has released its half yearly results. The ASX200 listed company that operates a network of brokers and underwriters across Australia and New Zealand reported a net profit after tax (NPAT) of $30.6 million, up by almost 17%.
Finsura Financial Services Group (Finsura), a member of the Austbrokers network in Castle Hill, has acquired Hornsby-based R J Vaughan & Monaghan (Vaughan & Monaghan).
AUB Group is not the first big insurance industry company to adopt a formal policy around flexible work practices.
When AUB Group presented its yearly results, CEO Mike Emmett (pictured) said the figures can’t tell you everything.
CEO says they’re "far from done" with company's transformation
Brisbane firm Austbrokers Comsure and Sydney-based WRI Insurance Brokers are merging to become the Austbrokers network’s fifth biggest broker.
AUB Group says it AUB Group Limited (AUB) has appointed Peter Harmer as its board’s new non-executive director.
AUB Group says it performed strongly in the third quarter with Austbrokers premium rate increases of 5.9% at the top end of its estimated range and margin improvements flowing from the network consolidation strategy.
AUB Group announced the establishment of The Insurance Alliance, a new non-equity proposition that allows brokerages to access the benefits and scale of AUB Group without becoming an equity member of Austbrokers.
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