AUB Group’s focused approach delivers strong growth

August 27th, 2018

AUB Group Limited (ASX:AUB) has today announced a 10.3% increase in Adjusted Net Profit After Tax (Adjusted NPAT) to reach $44.6 million, up from $40.4 million in FY17. Drivers include growth across all operating areas and the strengthening of profit generation through diversification. The strong results stem directly from the successful execution of the Group’s long-term strategy.

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Austbrokers partners with CoreLogic to give brokers real-time data for their clients

April 18th, 2018

Austbrokers has partnered with CoreLogic to give brokers real-time data for their clients. Partners will be able to access Cordell Commercial Estimator, Cordell Sum Sure, and RP Data Professional. The addition of these new tools will continue to enhance the Austbrokers partners by providing clients with accurate estimates for the replacement costs of commercial and residential properties. 

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NZbrokers Continues to Build Strong Momentum with Acquisitions and New Members

February 28th, 2018

MEDIA RELEASE February 27, 2018 – NZbrokers continues to build momentum through strong growth within the current network and a solid pipeline of potential acquisitions and new members, having grown from 56 to 60 partners in the last 12 months. Jo Mason, CEO, NZbrokers, said, “Our broker network now represents more than 164,000 clients in more than 85 locations […]

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AUB Group announces 91.5% profit boost

February 26th, 2018

AUB Group has announced that its reported net profit after tax for the first half of 2018 has increased by 91.5%. The firm announced that its reported NPAT has hit $23.4m, compared with $12.4m in the first half of 2017, as adjusted NPAT also rose 15.1% to $16.7m, compared with $14.5m in prior corresponding period. […]

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AUB Group continues strong growth in New Zealand with new acquisition

December 5th, 2017

AUB Group has announced its New Zealand growth and expansion strategy continues to gain momentum as equity partner, BrokerWeb Risk Services (BWRS) expands its national footprint by acquiring Hamilton-based insurance broking firm, Lowe Schollum & Jones Ltd (LSJ), effective immediately.

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Hardening market will give brokers a chance to demonstrate value

November 28th, 2017

With all signs on the horizon pointing to a hardening market, clients who have been paying relatively low premiums may face increases for some products. This can create frustration and dissatisfaction unless, as their broker, you can work closely with your clients to communicate the reason behind the changes.

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How to choose the right partnership model for your business

November 14th, 2017

If you’re thinking about growing your business, a partnership may be on the cards. It can be a useful way to increase your business’s reach beyond what would have been possible alone. After all, partnering with the right organisation can give your small business access to more resources, including access to infrastructure and operational assistance, […]

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Mitigating workplace risk for better business performance

October 27th, 2017

Workplace risk: why you need to mitigate risk for better performance If you’re a business leader then you know how important it is to identify and reduce risk wherever it occurs in the organisation: it’s just good business sense. 

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Altius Group awarded Health & Life Sciences Growth Company in the 2017 Australian Growth Company Awards 

October 26th, 2017

Altius Group, an equity partner of AUB Group, has won the Health & Life Sciences Growth Company award in the 2017 Australian Growth Company Awards at a ceremony in Sydney last night. The Australian Growth Company Awards celebrate excellence in the mid-market. 

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AUB Group’s head of marketing takes top spot in prestigious industry award

October 19th, 2017

AUB Group’s head of marketing, Vanessa Lyons, has been recognised this week with two prestigious marketing leadership awards. Vanessa has been named CMO of the Year in the Australian Marketing Institute (AMI) Awards. Vanessa was recognised at the 2017 Awards for Marketing Excellence Gala Dinner at the Grand Hyatt in Melbourne on October 18. 

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How brokers can drive customers satisfaction and loyalty

September 11th, 2017

In the face of expected increases in insurance premiums due to a potential interest-rate rise, one expert has stressed that now more than ever, it is important for brokers to deliver increased value. “The role of a modern insurance broker has to go much further than simply broking an insurance placement,” said Nigel Thomas, divisional […]

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AUB Group announces profit increase

August 28th, 2017

AUB Group has announced a 7.5% increase in adjusted net profit after tax to $40.4m as all operating areas of the business are seeing growth. Reported net profit after tax for the firm dipped to $33m, from $42m, due to non-recurring profits on sale of investments earned in FY16, reduced fair value adjustments and contingent […]

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Why the right partner can help safeguard against risk

August 16th, 2017

Risk is a main cause of uncertainty for organisations, so leaders need to manage risk when creating a business roadmap. Business leaders need to consider a comprehensive risk management strategy, otherwise the company cannot clearly define its future plans, and manage the business for growth. Why you need an effective risk management strategy Business risks […]

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Fresh NZ proposition holds out to ‘twin headwinds’

August 29th, 2016

The twin headwinds of price and interest rates that have dented AUB Group’s Australian broking arm, as shown in last week’s results, have done little to stop the momentum growing in its New Zealand operations, says Group CEO and managing director Mark Searles. Audibly enthused by events in New Zealand in the 18 months since […]

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AUB hails diversification strategy as profit rises

August 29th, 2016

AUB Group has reported net income of $42 million for the year to June 30, up 20.4% on the previous year. MD and CEO Mark Searles says he is delighted with the performance in the face of “twin headwinds” – falling premiums and declining investment returns. “The thing that pleases me is how our strategy […]

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Risk Services footprint expands

August 29th, 2016

AUB Group partner, Altius Group, has announced its latest acquisition confirming the purchase of Western Australia-based injury management and psychological services business, PeopleSense. The move “accelerates” AUB Group’s total risk solutions strategy and marks a geographic spread for the business which has set its sights on becoming the foremost total risk solutions partner across Australia. […]

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AUB Group adds industry veteran

March 1st, 2016

AUB Group has announced the addition of an industry veteran to help strengthen its total risk solution offering for clients. The Group has added Jordan Hawke to aid its financial risk offering as he will join the business to lead the life and financial services initiative at the company. 

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Diversify to survive

March 1st, 2016

Sydney Morning Herald: The pressure is on for insurance brokers to diversify their business amid prolonged difficult conditions wrought by falling commercial insurance rates, according to AUB Group. Mark Searles, the chief executive of the $576 million broking group, said the outlook for commercial insurance remained “challenging” after years of depressed premium prices. The trend […]

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