Business Strategy

AUB Group’s strategy remains consistent – exploit the latent potential in our existing business supplemented with strategically aligned and disciplined inorganic growth:

• Deliver a market leading proposition for our brokers, and in turn our clients, by investing in processes and technologies that drive efficient outcomes;
• Continued focus on optimising our portfolio through consolidation and targeted involvement to improve underlying business performance; and
• Manage our active pipeline of external M&A opportunities through a disciplined and strategic approach to investment.

AUB Group's Priorities for FY24

In FY25, the business will continue to evolve its focus from FY24 priorities with specific accountability for the following:

• Optimise our network

  Continue to optimise our portfolio of businesses to outperform by consolidating into more efficient operating entities or to expand specialisation..

• Execute on strategically aligned acquisitions

  Disciplined and targeted approach to acquisitions, either bolt-ons that deliver synergy benefits or to expand capabilities and footprint; and. Increased investments in current network businesses to aid consolidation and optimisation..

• Tysers Optimisation

  Continue to evolve the operating model to allow successful delivery of strategic objectives and to further optimise costs.

• UK Retail

  Leverage the newly expanded UK Retail platform for growth replicating the successful Australian model with an enhanced broker proposition. Building a portfolio of complementary MGAs.

• Agencies

  Leverage increased and enhanced binder capacity, achieved with Tysers. Leverage the acquisition of Pacific Indemnity in Specialty while continuing to grow Strata and General Commercial organically and by acquisition.